California Insurance Commissioner Ricardo Lara “provisionally” granted State Farm General’s request for an emergency 22% hike in its homeowners insurance rate Friday — but it won’t take ...
In addition, State Farm must prove its need for the interim rate increases at a hearing April 8, where it must present updated and more detailed data. Why is State Farm increasing rates?
Insurance Commissioner Ricardo Lara is weighing an emergency 22% rate hike request by State Farm, the state’s largest insurer, following the Los Angeles fires. After first hitting pause on the ...
A top State Farm executive was fired this week after saying the insurer’s California rate hikes are “kind of” orchestrated and after making disparaging remarks about Pacific Palisades ...
State Farm customers face steep premium jump amid insurer's financial struggles ... the initial green light for a major home insurance rate hike set to go into effect later this year.
On Friday, Insurance Commissioner Ricardo Lara signaled his willingness to allow State Farm to raise homeowner rates by an ...
California Insurance Commissioner Ricardo Lara “provisionally” granted State Farm General’s request for an emergency 22% hike in its homeowners insurance rate Friday — but it won’t take ...
In addition, State Farm must prove its need for the interim rate increases at a hearing April 8, where it must present updated and more detailed data. Lara said he had to “make an unprecedented ...
California's Insurance Commissioner issued an order provisionally on Friday approving State Farm's emergency request to raise home insurance rates by about 22% so long as the company appears at a ...
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