California Insurance Commissioner Ricardo Lara said Friday he will grant State Farm’s request to raise home insurance ...
California Insurance Commissioner Ricardo Lara said Friday he will grant State Farm’s request to raise home insurance ...
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State Farm's request for 22% rate hike in California approvedCalifornia insurance regulators on Friday granted an emergency request from State Farm to raise premiums by 22%, but there are conditions.
California Insurance Commissioner Ricardo Lara "provisionally'' approved State Farm General's request for an emergency 22% ...
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.
State Farm asked for a 21.8% increase for homeowner coverage and 15% for renters and condominium policies, according to an order from the department. State Farm also asked for a 38% increase for ...
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