California insurance commissioner meets privately with State Farm, hopes to make rate hike decision within 2 weeks
Ricardo Lara said he will look at information provided by State Farm before revisiting his previous decision to reject the company’s emergency rate hike.
California Insurance Commissioner meets with State Farm regarding rate hike request
California Insurance Commissioner Ricardo Lara, representatives from State Farm General and Consumer Watchdog, a consumer advocacy group, met in person on Wednesday to discuss the insurance company’s recent price hike request.
State Farm 22% rate hike up for discussion at CA Insurance Commissioner meeting
Representatives from State Farm will be meeting with the California Insurance Commissioner Wednesday to discuss the insurer’s request for an emergency 22% rate increase.
California insurance regulators urge State Farm to expand coverage in exchange for rate hikes
Earlier this month, State Farm — the state’s largest home insurance provider — asked the California Department of Insurance to approve statewide rate increases averaging 22% for homeowners. It also requested a 15% increase for renters and condo owners and a 33% hike for rental owners.
California to consider State Farm emergency rate increase request
Commissioner Ricardo Lara had asked for the meeting in which he and Consumer Watchdog will sit down with State Farm reps in Oakland.
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State Farm says LA wildfire losses total $7.6 billion
State Farm General said it will pay $7.6 billion to settle claims from last month’s firestorms in the Los Angeles area.
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California official makes $1 billion request in wake of wildfires — here's why the funds are needed
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Asm. Schiavo Requests Insurance Protections For Hughes Fire Survivors
In response to advocacy from Assemblywoman Pilar Schiavo’s office, yesterday California Insurance Commissioner Ricardo Lara ...
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State’s commissioner juggles often-conflicting goals of protecting homeowners and stabilizing the insurance market.
State Farm says it will pay $7.6 billion for L.A. fires but reinsurance will slash losses
State Farm General, California's largest home insurer, estimates it will pay $7.6 billion to settle its Los Angeles fire ...
California insurance commissioner meets privately with State Farm, hopes to make rate hike decision within two weeks
Ricardo Lara said he will look at information provided by State Farm before revisiting his previous decision to reject the company’s emergency rate hike.
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Senator Valladares Announces Hughes Fire-impacted Residents To Receive Home Insurance Reprieve
Tuesday, at the urging of Senator Suzette Martinez Valladares, R-, California Insurance Commissioner Ricardo Lara extended a ...