The insurer had sought approval for an emergency rate hike in the wake of LA fires, which led to the call for a meeting on ...

California Insurance Commissioner Ricardo Lara (pictured above) has said that State Farm General Insurance Co. has not provided sufficient evidence to justify emergency property rate hikes ranging ...

California Insurance Commissioner Ricardo Lara on Friday rejected State Farm’s request for “emergency” rate increases, setting up what could be a highly consequential showdown with the state’s biggest ...

The state’s insurance commissioner blocked a State Farm request to raise rates as wildfire insurance claims continue to roll in.