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A week after winning emergency approval to raise Californians’ home insurance premiums, State Farm is seeking to boost that ...
State Farm is asking for another increase less than a week after being granted a 17 percent rate hike for its homeowners' ...
means that State Farm can raise premiums in California starting June 1. California is in the midst of a property insurance crisis, as recent years have seen several carriers cutting coverage in ...
Following last week’s approval of a 17% rate hike for homeowners by California Insurance Commissioner Ricardo Lara, State ...
And I honestly think that the process was a little bit backward, in my opinion," said Pérez.The decision also allows State Farm to raise insurance rates for renters and condo unit owners by 15% ...
Following a judge's ruling Monday, State Farm customers in California are one step away from paying more on their homeowners insurance to alleviate what the company described as a "dire" financial ...
California's top insurance regulator ... more latitude to raise premiums in exchange for more policies in high-risk areas. Those rules kick in this year. State Farm initially asked for a 22% ...
The State Farm unit then appealed to Lara for an emergency 22% hike and threatened to leave the state. After quick hearings, ...
RELATED: CA insurance boss not present at hearing as State Farm makes case to raise insurance rates up to 38% "It's a huge disappointment for consumers that the judge has suggested consumers ...
Insurance Commissioner Ricardo Lara adopted an administrative law judge’s ruling Tuesday and granted State Farm General an emergency 17% hike in its homeowner rates. The commissioner’s ...
Josh Edelson/AFP via Getty Images Millions of Californians are set to face steep insurance ... 2025 after State Farm General, the state's largest home insurer, received approval to raise its ...
The state of California approved State Farm's request for a double-digit increase in home insurance premiums to help the insurer deal with financial challenges following the wildfires that ...