BLOOMINGTON ( 25News Now) - California Insurance Commissioner Richardo Lara on Friday refused to grant State Farm’s request for an average 22% emergency rate increase for homeowners’ insurance. Lara ...
In a letter to the insurer, Lara said under Proposition 103, State Farm has the burden of explaining why the rate hike is ...
After 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 ...
After massive payouts from L.A. fires, California's largest insurer faces tough questions about its 22% premium increase request ...
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 ...
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.
Florida lawmakers will soon consider a bipartisan bill that would expand windstorm coverage through Citizens Property Insurance to all property owners statewide, but the proposal is not without its ...