California Insurance Commissioner Ricardo Lara decided Friday to provisionally grant State Farm General's request for a 22% ...
State Farm General, California’s leading home insurance provider, has formally requested an emergency rate hike averaging 22% ...
California Insurance ... "provisionally" approved State Farm's premium hike of 22% as the company reports dealing with financial struggles stemming from the Los Angeles wildfires.
The California Department of Insurance has been under pressure to stabilize the market, introducing new rules that allow ...
State Farm executives said at the meeting that it needs a 22% emergency rate hike in California to cover more than $7.9 billion in losses. Lara initially rejected the request, saying in a Friday, Feb.
California insurance regulators have “provisionally approved” State Farm’s request for a massive rate hike for homeowners ...
California insurance regulators on Friday granted an emergency request from State Farm to raise premiums by 22%, but there ...
Ricardo Lara said he will look at information provided by State Farm before revisiting his previous decision to reject the ...
State Insurance ... from State Farm this week that could see the insurer shoulder a portion of the financial responsibility to cover losses from the historic Los Angeles County firestorms in ...