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California insurance commissioner OKs State Farm rate hike

Los Angeles Times on MSN · 10h

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.

Los Angeles Daily News · 1h

State Farm’s 22% rate increase gets tentative OK from California insurance chief

The state’s largest insurer will have to present evidence justifying the rate increase at a public hearing scheduled for April 8.

The Press Democrat · 1h

State Farm can hike rates on California homeowners — if it pauses cancellations and proves need

California Insurance Commissioner Ricardo Lara said Friday he will grant State Farm’s request to raise home insurance premiums by 22% on average if the company agrees to certain conditions.

MyNewsLA.com on MSN5h

Insurance Commissioner Lara ‘Provisionally’ Agrees to State Farm’s 22% Rate Hike

California Insurance Commissioner Ricardo Lara “provisionally” approved State Farm General’s request for an emergency 22% ...

LAist on MSN4d

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 America2d

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 ...

2don 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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