California Insurance Commissioner Ricardo Lara announced Friday he has "provisionally" approved State Farm's rate hike of 22% as the company reports dealing with financial struggles stemming from the ...
State Farm made its request following years of losses and huge damage claims it has received following the Jan. 7 fires.
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 ...
State Farm reported that it has paid out $2.45 billion across 12,200 claims related to the January wildfires in Los Angeles, ...
The hearing, which is scheduled to start at 9:30 a.m. Wednesday, will be the first Lara attends on the state's insurance ...
State Farm General has requested a major rate hike to an insurance program that offers extra liability coverage, which could ...
California Insurance Commissioner Approves Major FAIR Plan Expansion to Help HOAs, Builders, Farmers, and Businesses Access ...
The financial pressures underscore the rising risk stalking California property owners as climate change threatens to ...
This story was originally published by CalMatters. Sign up for their newsletters. California Insurance Commissioner Ricardo Lara said Friday he will grant State Farm's request to raise home insurance ...
Homeowners across California are reeling amid an ongoing insurance crisis, and on Wednesday, the state’s insurance ...
State Farm can raise homeowners, renters, condo, and landlord policy insurance rates in California— at least until April 8, when the state's largest property insurer must prove in a public hearing ...