Commissioner Ricardo Lara scheduled a meeting with State Farm to hear their justification for the rate increase.
Insurance Commissioner Ricardo Lara on Monday rejected State Farm General's request for an emergency 22% home insurance rate ...
9don MSN
Citing the "dire" financial situation they're facing after the Los Angeles wildfires, State Farm General has asked California ...
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State Farm argued the rate hikes are justified due to the high risks the company has underwritten, particularly after ...
Citing what it calls a potentially “dire situation,” State Farm asked California for permission to hike insurance rates by an ...
State Farm General requested a 22% emergency rate hike in California on Monday, Feb. 3 to cover losses from the Los Angeles ...
New York Post on MSN11d
State Farm asks for 22% home insurance rate hike in California following LA wildfires: ‘Risk is greater’State Farm asked California on Monday if it could hike home insurance rates in the state by an average of 22% to address what it has claimed was a potentially “dire situation” related ...
The bailout will be funded by the state's private insurers, but a new rule says they they can pass up to half of the cost on ...
10d
NBC Los Angeles on MSNState Farm seeks 22% home insurance rate hike after California wildfiresAs wildfire victims struggle to recover, California’s largest home insurer faces backlash over proposed rate increases.
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying ...
State Farm is asking California's insurance regulator to approve an emergency rate hike due to the number of claims it ...
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