Insurance Business America1d
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 ...
California insurance chief says he’s near ‘solution’ on State Farm rate hike
State Farm executives said at the meeting that it needs a 22% emergency rate hike in California to cover more than $7.9 ...
The Press Democrat15d
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.
The Press Democrat14d
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.
Los Angeles Daily News27d
Insurance commissioner Lara seeks meeting with State Farm on rate request
Insurance Commissioner Ricardo Lara on Friday requested a meeting with the company so they can explain their need for such an increase. In a letter to the insurer, Lara said under Proposition 103 ...
Los Angeles Times24d
L.A. wildfires up the pressure on California’s insurance commissioner over industry ties
Insurance Commissioner Ricardo Lara has been grappling with ... More than 30 members of Congress, led by Garamendi, sent Lara a letter criticizing the strategy and informing him that he already ...
Tinder Date Gone Wrong: State Farm Exec Fired After Saying Premium Hikes Following California Fires Were 'Kind Of' Orchestrated
State Farm General had filed for an 22% rate hike for its homeowner policies, citing the wildfires and a £3.86 billion drop ...
Whittier Daily News27d
Insurance commissioner Lara seeks meeting with State Farm on rate request
Insurance Commissioner Ricardo Lara on Friday requested a meeting with the company so they can explain their need for such an increase. In a letter to the insurer, Lara said under Proposition 103, ...