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California Insurance Commissioner Ricardo Lara on Friday rejected State Farm’s request for “emergency” rate increases, ...
Commissioner Ricardo Lara said the state’s largest home insurer has failed to prove it needs the increase or explain how the additional premium dollars would affect its prior decisions to stop ...
Commissioner Ricardo Lara’s office encouraged insurers to make the payments, saying the companies should report back by Feb. 28 whether they have gone along with the request. “It is inhumane ...
After State Farm, California’s largest insurer, filed a request for an emergency 22% rate hike for homeowner policies, Insurance Commissioner Ricardo Lara on Friday requested a meeting with the ...
California Insurance Commissioner Ricardo Lara approved a plan to increase temporary fees for most California home and fire insurance customers to bail out the Golden State's last-resort fire ...
"Our decisions must be guided by transparent data and an honest reckoning with the challenges we all face together," Commissioner Ricardo Lara wrote in a letter to State Farm. The company ...
California Insurance Commissioner Ricardo Lara just pushed back against State Farm's bid to raise home insurance rates, setting the stage for a high-stakes face-off with the state's biggest insurer.
This summary is reviewed by TRD Staff. California Insurance Commissioner Ricardo Lara has requested that insurers waive inventory requirements for homeowners who lost their homes in the recent L.A ...
LOS ANGELES (KTLA)—California Insurance Commissioner Ricardo Lara has rejected State Farm General’s request for a rate hike averaging 22% due to the company’s “dire” financial situation ...
After State Farm, California’s largest insurer, filed a request for an emergency 22% rate hike for homeowner policies, Insurance Commissioner Ricardo Lara on Friday requested a meeting with the ...
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