Insurance commissioner Lara Seeks meeting with State Farm on rate request
In a letter to the insurer, Lara said under Proposition 103, State Farm has the burden of explaining why the rate hike is ...
Governor Newsom is banning insurance companies from canceling home coverage for LA wildfire victims — says folks ‘have suffered enough.’ Here’s why insurers left i…
Several insurance companies have stopped offering policies in California or are refusing to renew existing ones in an effort ...
Insurance Commissioner rejects State Farm’s emergency rate hike request, calls for meeting with company reps
California Insurance Commissioner Ricardo Lara has rejected State Farm General’s request for a rate hike averaging 22% due to ...
Capital & Main1d
Burned: “Good Neighbor” State Farm Seeks Huge Rate Hikes After L.A. Fires
Firefighters had barely achieved full containment of the blazes that leveled whole neighborhoods in Los Angeles before State ...
California Bill Would Force Insurers to Pay Full Coverage Without Requiring Itemization
A proposed new law would release homeowners from the onerous process of listing every object lost in a destroyed home.
State Farm’s request for emergency California rate hike has been denied
In a rebuke to the state’s largest insurance company, California Insurance Commissioner Ricardo Lara announced Friday he will ...
California seeks $1 billion from insurers to shore up FAIR Plan after LA fires
California Insurance Commissioner Ricardo Lara has requested $1 billion in additional funds from the commission's member ...