In the wake of the Los Angeles fires, State Farm asked for an "emergency" premium increase of 22% on average for California homeowners. Lara today denied the request pending more information.
BLOOMINGTON ( 25News Now) - California Insurance Commissioner Richardo Lara on Friday refused to grant State Farm’s request for an average 22% emergency rate increase for homeowners’ insurance. Lara ...
In a letter to the insurer, Lara said under Proposition 103, State Farm has the burden of explaining why the rate hike is ...
Commissioner Ricardo Lara scheduled a meeting with State Farm to hear their justification for the rate increase.
Some good eggs in the Golden State are helping out neighbors in a time of need. Amid soaring prices and widespread shortages, ...
State Farm submitted a request for an emergency interim rate, which would have increased costs by 22% for some homeowners.
The California insurance commissioner on Friday rejected State Farm's request for a temporary 22% rate hike for homeowner ...
State Farm wants CA's Insurance Commissioner to approve an emergency 22% increase on homeowners insurance. The commissioner says no, for now. He needs more info.
California Insurance Commissioner Ricardo Lara has rejected State Farm General’s request for a rate hike averaging 22% due to the company’s “dire” ...
After a home in the Pacific Palisades burned down, the empty charred lot sold for more than $1 million and may be getting a ...
Insurance Commissioner Ricardo Lara on Monday rejected State Farm General's request for an emergency 22% home insurance rate ...
Executives for State Farm General Insurance Company, the firm’s California arm, asked Lara for a 22% price increase on Feb. 3. They told the commissioner their business “needs your urgent assistance ...