California Insurance Commissioner Ricardo Lara said Friday he will grant State Farm’s request to raise home insurance ...

California Insurance Commissioner Ricardo Lara was reportedly on a work-related trip in Bermuda instead of attending an ...

California's insurance chief gives green light to major rate hike for State Farm homeowners, but with some concessions ...

Commissioner Ricardo Lara Lara wants the insurance giant to present evidence justifying the increase at a public hearing ...

California Insurance Commissioner Ricardo Lara provisionally approved State Farm’s request for a 22% property insurance rate ...

Lara attended the Bermuda Risk Summit, an event in the Caribbean that is held by members of the insurance and reinsurance ...

California Insurance Commissioner Ricardo Lara "provisionally'' approved State Farm General's request for an emergency 22% ...

California's top insurance regulator on Friday said he would approve an emergency request by State Farm to raise premiums 22% on home insurance for about a million customers if the insurance giant ...

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 ...

State Farm justified its rate hike by claiming it is paying out $1.26 in claims for every dollar it collects in premiums, resulting in the loss of $5 billion in the last nine years.

California Insurance Commissioner Ricardo Lara “provisionally” approved State Farm General’s request for an emergency 22% ...

While the 22% average increase for homeowners insurance is provisionally approved by California's regulator, the carrier will ...