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 ...
California Insurance Commissioner Ricardo Lara decided Friday to provisionally grant State Farm General's request for a 22% hike in its homeowner insurance rates pending a formal rate hearing next ...
California insurance regulators have “provisionally approved” State Farm’s request for a massive rate hike for homeowners ...
California's top insurance regulator says he will approve an emergency request from State Farm to raise home insurance rates ...
Under California law, insurance companies that request rate increases of 7% or more must go through a rate hearing if there ...
Insurance Commissioner Ricardo Lara said Friday he will approve State Farm’s request for an emergency rate increase, but only if the company’s California arm can justify its need for it at a public ...
State Farm General had filed for an 22% rate hike for its homeowner policies, citing the wildfires and a £3.86 billion drop ...
Answer: As of Feb. 26, the last time State Farm released numbers, more than 11,750 fire and auto claims had been processed, and the company had paid out nearly $2.2 billion to customers. That’s ...
A State Farm executive has been fired following the release of a recording where he said the company’s California rate hikes ...
State Farm General, California’s leading home insurance provider, has formally requested an emergency rate hike averaging 22% ...
The European Union also announced retaliatory trade action with new duties on U.S. industrial and farm products, responding within hours to the Trump administration’s increase in tariffs on all steel ...
Haden Kirkpatrick said State Farm’s decision to pull out of California’s insurance market was a calculated move in response ...