Insurance commissioner rejects State Farm's request for 22% emergency rate hike
Insurance Commissioner Ricardo Lara on Monday rejected State Farm General's request for an emergency 22% home insurance rate ...
California regulators reject — for now — State Farm’s emergency rate hike request
California insurance regulators are demanding that State Farm answer “critical questions about its financial condition” in ...
State Farm’s request for emergency California rate hike has been denied
In a rebuke to the state’s largest insurance company, California Insurance Commissioner Ricardo Lara announced Friday he will ...
Santa Rosa Press Democrat1h
Big homeowner rate hike from State Farm shot down by California regulator
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.
Los Angeles Magazine on MSN20m
State Farm's "Emergency" Rate Hike Gets Cold Shoulder From Insurance Commissioner
After massive payouts from L.A. fires, California's largest insurer faces tough questions about its 22% premium increase ...
State Farm must wait on emergency home insurance rate increase bid after California wildfires
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 ...
Capital & Main5h
Burned: “Good Neighbor” State Farm Seeks Huge Rate Hikes After L.A. Fires
Firefighters had barely achieved full containment of the blazes that leveled whole neighborhoods in Los Angeles before State ...
Insurance Commissioner rejects State Farm’s emergency rate hike request, calls for meeting with company reps
California Insurance Commissioner Ricardo Lara has rejected State Farm General’s request for a rate hike averaging 22% due to the company’s “dire” ...
KTVU FOX 2 San Francisco on MSN1h
California rejects State Farm's request for 22% rate hike
The California insurance commissioner on Friday rejected State Farm's request for a temporary 22% rate hike for homeowner ...
California’s High-Risk Insurer Gets $1 Billion Bailout After L.A. Fires
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying ...
California's last-resort home insurer is getting a $1 billion bailout. Homeowners could be on the hook for some of the bill.
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 ...
FAIR Plan to assess insurers $1 billion for L.A. fires; consumers may be on the hook for nearly half
The California FAIR Plan, the insurer of last resort, received approval to assess member carriers $1 billion to help pay its ...