California's top insurance regulator on Friday said he would approve an emergency request by State Farm to raise premiums 22% ...
California Insurance Commissioner Ricardo Lara announced Friday he has "provisionally" approved State Farm's rate hike of 22% ...
The approval comes months after devastating wildfires, and will add an average $600 a year to homeowners’ bills.
State Farm made its request following years of losses and huge damage claims it has received following the Jan. 7 fires.
California insurance regulators have provisionally approved State Farm's request for a steep rate hike for homeowners following the devasting Los Angeles wildfires. On Friday, Insurance Commissioner ...
California insurance regulators on Friday granted an emergency request from State Farm to raise premiums by 22%, but there ...
State Farm General had filed for an 22% rate hike for its homeowner policies, citing the wildfires and a £3.86 billion drop ...
If State Farm is successful at proving its need for rate hikes at next month’s hearing, its interim rates will climb on June ...