California FAIR Plan secrets: Why the state's insurer of last resort is so secretive
Since the LA fires on January 7, much more attention has been put on the California FAIR Plan, the state's fire insurer of last resort. Once thought of as a small, rarely-used backstop, the plan is ...
State Farm Can Hike Rates in California -- If it Pauses Cancellations and Proves Need
Lara’s conditions are that State Farm, the state’s biggest provider of homeowners insurance, commit to pause canceling and ...
Repairer Driven News1d
California insurance commissioner to question State Farm’s financial stability in April hearing
California Insurance Commissioner Ricardo Lara has allowed a provisional emergency interim State Farm home insurance rate increase following the January wildfires while raising questions about the ...
CA Insurance Commissioner demands State Farm justify rate hike request in public meeting
California Insurance Commissioner Ricardo Lara announced on Friday, he would approve State Farm's emergency request to raise ...