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 made its request following years of losses and huge damage claims it has received following the Jan. 7 fires.
California’s insurance commissioner said his approval was conditioned on State Farm justifying its need for the increase by ...
Commissioner Ricardo Lara Lara wants the insurance giant to present evidence justifying the increase at a public hearing ...
California Insurance Commissioner Ricardo Lara announced Friday he has "provisionally" approved State Farm's rate hike of 22% ...
A State Farm executive was fired over an undercover video of comments he made about the insurer's California rate hike ...
State Farm executives said at the meeting that it needs a 22% emergency rate hike in California to cover more than $7.9 ...
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Santa Cruz Sentinel on MSNCalifornia regulators ‘provisionally’ approve State Farm steep homeowner rate hikeIt’s unclear how much premiums could go up in the Bay Area or which parts of the region would see the largest rate hikes.
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