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.” ...
State Insurance Commish Ricardo Lara has turned down a request by State Farm General to raise home insurance rates by an ...
California Insurance Commissioner Ricardo Lara rejected State Farm’s “emergency” premium increase of 22% on average for ...
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 ...
California Insurance Commissioner Ricardo Lara denied State Farm's request for "emergency" rate increases that would have ...
The insurer had sought approval for an emergency rate hike in the wake of LA fires, which led to the call for a meeting on ...
In a letter to the insurer, Lara said under Proposition 103, State Farm has the burden of explaining why the rate hike is ...
Bad To Worse
From insurance to affordable housing mandates, California's regulatory noose tightens over wildfire rebuilding efforts.
The state’s insurance commissioner blocked a State Farm request to raise rates as wildfire insurance claims continue to roll in.