California Wildfires Hit State Farm Hard. But the Insurer Was Already Struggling.
California’s insurance commissioner denied State Farm’s request for a 22% rate hike to cover fire losses. But when the fires ...
State Farm’s rate hike shot down by California regulator
California Insurance Commissioner Ricardo Lara rejected State Farm’s “emergency” premium increase of 22% on average for ...
Insurance Commissioner rejects State Farm’s emergency rate hike request, calls for meeting with company reps
California Insurance Commissioner Ricardo Lara has rejected State Farm General’s request for a rate hike averaging 22% due to ...
HousingWire4d
California insurance commissioner rejects State Farm’s request for 22% rate increase
State Farm responded by saying that it “must seriously consider its options within the California insurance market going ...
Santa Monica Daily Press1d
Big homeowner rate hike from State Farm shot down by California regulator
California Insurance Commissioner Ricardo Lara recently rejected State Farm’s request for “emergency” rate increases, setting ...
insurancebusinessmag2d
State Farm mulling options after Lara rejects emergency rate hike request
In a Feb. 14 letter, Lara informed State Farm that the company had not met the burden of proof required for emergency ...
L.A. wildfires up the pressure on California’s insurance commissioner over industry ties
The devastation caused by the twin blazes has raised fresh questions about whether the state — and its top insurance ...
Insurance Insider6d
Lara demands justification for State Farm rate hike
In a letter issued on Friday, Lara said State Farm’s request for an emergency interim rate increase can only be granted if ...
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State Farm versus California: In the battle over insurance rates, you could lose either way
So far, Insurance Commissioner Ricardo Lara has said he wants more time to review of State Farm’s request and its finances before he allows any increases to go through — a response State Farm said ...
California insurance commish to State Farm: go pound ashes
State Insurance Commish Ricardo Lara has turned down a request by State Farm General to raise home insurance rates by an ...
The Bond Buyer4d
California's insurance head rejects State Farm's rate increase request
California Insurance Commissioner Ricardo Lara denied State Farm's request for "emergency" rate increases that would have ...
CA post-wildfire beef heats up as state insurance chief accuses Dem congressman of ‘White mansplaining’
Calif., criticized his reform plans, California Insurance Commissioner Ricardo Lara accused him of "white mansplaining" ...