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.
KNX News Radio Los Angeles on MSN12h
State Farm's request for 22% rate hike raises 'serious questions,' state commissioner saysAfter State Farm filed a request for a 22% rate hike for homeowner policies, Insurance Commissioner Ricardo Lara requested a meeting with the company so they can explain their need for such an ...
California Insurance Commissioner Ricardo Lara on Friday rejected State Farm’s request for “emergency” rate increases that ...
State Farm submitted a request for an emergency interim rate, which would have increased costs by 22% for some homeowners.
Commissioner Ricardo Lara scheduled a meeting with State Farm to hear their justification for the rate increase.
Insurance Commissioner Ricardo Lara on Friday rejected State Farm General's request for an emergency 22% home insurance rate ...
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