California Insurance Commissioner Ricardo Lara rejected State Farm’s “emergency” premium increase of 22% on average for ...
In a letter to the insurer, Lara said under Proposition 103, State Farm has the burden of explaining why the rate hike is ...
California Insurance Commissioner Ricardo Lara on Friday rejected State Farm’s request for “emergency” rate increases that ...
California Insurance Commissioner Ricardo Lara has rejected State Farm General’s request for a rate hike averaging 22% due to ...
California insurance regulators are demanding that State Farm answer “critical questions about its financial condition” in ...
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California Insurance Commissioner asks State Farm to justify 22% insurance rate increase"Our decisions must be guided by transparent data and an honest reckoning with the challenges we all face together," ...
In a Feb. 14 letter, Lara informed State Farm that the company had not met the burden of proof required for emergency ...
State Farm responded by saying that it “must seriously consider its options within the California insurance market going ...
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California Insurance Commissioner Ricardo Lara on Friday rejected State Farm’s request for “emergency” rate increases, ...
When State Farm insurance wanted an emergency rate hike of 22 percent after the wildfires, state insurance commissioner ...
California’s insurance commissioner denied State Farm’s request for a 22% rate hike to cover fire losses. But when the fires broke out, the state’s biggest home insurer was already waiting on an ...
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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