California Insurance Commissioner Ricardo Lara announced Friday he has "provisionally" approved State Farm's rate hike of 22% ...
The financial pressures underscore the rising risk stalking California property owners as climate change threatens to ...
California's top insurance regulator says he will approve an emergency request from State Farm to raise home insurance rates ...
California insurance regulators have “provisionally approved” State Farm’s request for a massive rate hike for homeowners ...
The approval comes months after devastating wildfires, and will add an average $600 a year to homeowners’ bills.
State Farm has been given the green light to increase home insurance premiums by 22%, as long as the company can prove that ...
State Farm General had filed for an 22% rate hike for its homeowner policies, citing the wildfires and a £3.86 billion drop ...
California Insurance Commissioner Ricardo Lara decided Friday to provisionally grant State Farm General's request for a 22% ...
State Farm says the steep hike on homeowners is ... “orchestrated” policy cancellations in relation to the California fires. “It kind of is, but not in the way you would think,” he responded.
If State Farm is successful at proving its need for rate hikes at next month’s hearing, its interim rates will climb on June ...
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The California Department of Insurance has been under pressure to stabilize the market, introducing new rules that allow ...