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California on Tuesday approved a 17% emergency rate hike for State Farm after the state’s largest insurer made an emergency ...
State Farm can start increasing its homeowner rates in California by 17 percent from June 1 following approval from the state ...
Insurance Commissioner Ricardo Lara will allow State Farm to raise its rates by an average of 17% for homeowners across California in an effort to improve its finances.
California State Farm policyholders will soon face a significant rate increase, as the Insurance Commissioner has approved a ...
Commissioner Ricardo Lara on Tuesday cited a decision by a Department of Insurance administrative law judge that blessed a 17 ...
State Farm can soon start raising premiums by 17% for its California home insurance customers. State Insurance Commissioner Ricardo Lara approved the rate hike Tuesday.
California Insurance Commissioner Ricardo Lara discussed his approval of an average 17% rate increase for State Farm ...
In April, the company argued the emergency rate hike would help State Farm rebuild its capital after the wildfires.
In April, State Farm argued the emergency insurance rate hikes would help the insurer rebuild its capital after the destructive wildfires in Southern California. OAKLAND, Calif. - California's ...
State Farm executives warned that claims from the January Southern California fires could cut into its reserves when it asked for the emergency hike. In California, companies must have rate ...
Those rules kick in this year. Get top local stories in Southern California delivered to you every morning with NBC LA's News Headlines newsletter. State Farm initially asked for a 22% rate ...