(Bloomberg) -- California Insurance Commissioner Ricardo Lara said he plans to approve a 22% emergency rate increase for State Farm policyholders, pending a public hearing next month, in a move aimed ...
California Insurance Commissioner Ricardo Lara said Friday that he will grant State Farm’s request to raise home insurance ...
The California Department of Insurance has been under pressure to stabilize the market, introducing new rules that allow ...
California regulator mulls State Farm’s request for 22% premium hike for homeowners after LA fires
California's top insurance regulator says he will approve an emergency request from State Farm to raise home insurance rates ...
The devastating wildfires that swept through the Los Angeles area earlier this year have resulted in more than $12.1 billion ...
California Insurance Commissioner Ricardo Lara said Friday that he will grant State Farm’s request to raise home insurance premiums by 22% on average if the company agrees to certain conditions — and ...
State Farm says the steep hike on homeowners is necessary to shore up its cash reserves in the event of another catastrophe.
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