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.
A company that processes insurance settlement checks for insurance companies confirms some homeowners’ checks were “lost in ...
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 ...
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.
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” ...
Insurance Commissioner Ricardo Lara on Monday rejected State Farm General's request for an emergency 22% home insurance rate ...
Insurance Commissioner Mike Causey approved an auto insurance rate increase last year of roughly 9%, The News& Observer reported. Auto insurance rates could go up due to tariffs imposed on other ...
The company’s diversification across wealth management, asset management, and insurance muddies the company’s financials, and investors might discount the company’s valuation because of this.
Records show a major Michigan insurance company is in talks to possibly settle more than 100 lawsuits by employees who were ...