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CA insurance boss not present at hearing as State Farm makes case to raise insurance rates up to 38%
Michael Soller, the Deputy Commissioner of Communications for the Department of Insurance, says by law, Commissioner Ricardo ...
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Audacy on MSNState Farm officials to justify 22% rate increase during hearingThe California Department of Insurance will hold a meeting Tuesday over a request by State Farm for a $900-million rate hike.
If the judge approves, starting in June the company's customers will see average increases of 17% for homeowners -- down from the 22% the insurer originally requested after it reached a deal with the ...
State Farm on Feb. 3 asked Insurance Commissioner Ricardo Lara to allow it to urgently raise its prices by an average of almost 22% for homeowners policies. But attorneys for State Farm and the ...
During State Farm's last meeting with the commissioner, the company says it can cover claims from the LA fires, but deemed ...
State Farm argues it needs additional funds to boost capital and avert an increasingly dire financial situation following the ...
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State Farm requests emergency rate hike for CaliforniansA public hearing was held Tuesday as State Farm requested an emergency rate hike. Their proposal could increase premiums by ...
State Farm asked Commissioner Lara to immediately approve emergency interim rate increases of an average 22% for homeowners.
State Farm will seek to convince state insurance regulators to finalize a steep emergency rate hike for homeowners across California in the wake of the devasting Los Angeles wildfires. Insurance ...
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KFI AM 640 on MSNState Farm Seeks 38% Rate Hike in CaliforniaState Farm seeks a 38% rate hike in California due to wildfire losses. A public hearing was held, with final approval pending ...
Starting Tuesday, state regulators, consumer advocates and representatives of State Farm General were meeting in Oakland to make a final determination about whether the state’s largest insurer can ...
State Farm has said the rate increase is needed following the Los Angeles wildfires that destroyed more than 16,000 ...
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