The devastation caused by the twin blazes has raised fresh questions about whether the state — and its top insurance ...
State Farm responded by saying that it “must seriously consider its options within the California insurance market going forward.” ...
California Insurance Commissioner Ricardo Lara rejected State Farm’s “emergency” premium increase of 22% on average for ...
California Insurance Commissioner Ricardo Lara denied State Farm's request for "emergency" rate increases that would have ...
Proposed legislation could force insurers in California to pay 100 percent of the coverage for belongings inside homes ...
In the wake of the Los Angeles fires, State Farm asked for an “emergency” premium increase of 22% on average for California ...
In a letter issued on Friday, Lara said State Farm’s request for an emergency interim rate increase can only be granted if ...
Bad To Worse
From insurance to affordable housing mandates, California's regulatory noose tightens over wildfire rebuilding efforts.
California Insurance Commissioner Ricardo Lara on Friday rejected State Farm’s request for “emergency” rate increases, setting up what could be a highly consequential showdown with the state’s biggest ...
California Insurance Commissioner Ricardo Lara (pictured above) has said that State Farm General Insurance Co. has not provided sufficient evidence to justify emergency property rate hikes ranging ...
In a letter to the insurer, Lara said under Proposition 103, State Farm has the burden of explaining why the rate hike is ...
The state’s insurance commissioner blocked a State Farm request to raise rates as wildfire insurance claims continue to roll in.