State Farm General, California's largest home insurer, estimates it will pay $7.6 billion to settle its Los Angeles fire ...
Commissioner Ricardo Lara had asked for the meeting in which he and Consumer Watchdog will sit down with State Farm reps in ...
US primary insurance giant State Farm has said that its direct losses from the Los Angeles, California wildfires are ...
California’s insurance commissioner denied State Farm’s request for a 22% rate hike to cover fire losses. But when the fires ...
California Insurance Commissioner Ricardo Lara rejected State Farm’s “emergency” premium increase of 22% on average for ...
State Insurance Commish Ricardo Lara has turned down a request by State Farm General to raise home insurance rates by an ...
State Farm responded by saying that it “must seriously consider its options within the California insurance market going ...
State Farm submitted a request for an emergency interim rate, which would have increased costs by 22% for some homeowners.
Commissioner Ricardo Lara scheduled a meeting with State Farm to hear their justification for the rate increase.
State Farm pointed out that over the last nine years, the lack of alignment between price and risk means that for every $1 ...