After the Los Angeles fires, State Farm asked for an “emergency” premium increase of 22% on average for California homeowners ...
California insurance regulators are demanding that State Farm answer “critical questions about its financial condition” in ...
California’s insurance commission has turned down State Farm’s request to increase its rates, at least for now.
State Farm wants CA's Insurance Commissioner to approve an emergency 22% increase on homeowners insurance. The commissioner says no, for now.
Commissioner Ricardo Lara scheduled a meeting with State Farm to hear their justification for the rate increase.