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California insurance commissioner OKs State Farm rate hike

Los Angeles Times on MSN · 2d

Insurance commissioner ‘provisionally’ grants State Farm’s 22% rate hike

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 month.

CBS News on MSN · 1d

California insurance commissioner "provisionally" approves State Farm 22% rate increase

California Insurance Commissioner Ricardo Lara announced Friday he has "provisionally" approved State Farm's rate hike of 22% as the company reports dealing with financial struggles stemming from the Los Angeles wildfires.

Times of San Diego on MSN · 12h

State Farm Can Hike Rates on California Homeowners, If It Pauses Cancellations and Proves Need

California Insurance Commissioner Ricardo Lara said Friday that he will grant State Farm’s request to raise home insurance premiums by 22% on average if the company agrees to certain conditions -- and wins approval at a public rate hearing next month.

12d

Ricardo Lara’s no-win on State Farm

WOULDN’T WANNA BE YA: Insurance Commissioner Ricardo Lara is about to have to bite the bullet. After first hitting pause on ...

LAist on MSN6d

Climate politics and insurance intertwine, giving California official a no-win choice on State Farm

For Insurance Commissioner Ricardo Lara, approving an emergency 22% rate hike request by State Farm would raise bills for ...

Insurance Business America4d

State Farm tells Lara that it "doesn't make sense" to issue new policies in California

With Lara expected to issue a decision on State Farm’s request imminently, homeowners, insurers, and policymakers are bracing ...

4don MSN

State Farm executive fired over comments on premium hikes after California wildfires

A State Farm executive was fired over an undercover video of comments he made about the insurer's California rate hike ...

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