California Insurance Commissioner Ricardo Lara announced Friday he has "provisionally" approved State Farm's rate hike of 22% ...
The approval comes months after devastating wildfires, and will add an average $600 a year to homeowners’ bills.
State Farm made its request following years of losses and huge damage claims it has received following the Jan. 7 fires.
If State Farm is successful at proving its need for rate hikes at next month’s hearing, its interim rates will climb on June ...
A State Farm executive was fired over an undercover video of comments he made about the insurer's California rate hike ...
Haden Kirkpatrick, a top State Farm executive, said he was fired after being recorded in an undercover video making ...
It’s unclear how much premiums could go up in the Bay Area or which parts of the region would see the largest rate hikes.
California Insurance Commissioner Ricardo Lara provisionally approved State Farm’s request for a 22% property insurance rate ...
California's top insurance regulator says he will approve an emergency request from State Farm to raise home insurance rates ...
State Farm has been given the green light to increase home insurance premiums by 22%, as long as the company can prove that ...
California's insurance chief gives green light to major rate hike for State Farm homeowners, but with some concessions ...
Insurance Commissioner Ricardo Lara said Friday he will approve State Farm’s request for an emergency rate increase, but only if the company’s California arm can justify its need for it at a public ...