State Farm has given Insurance Commissioner Ricardo Lara a stark choice: Approve a rate increase consumer advocates say amounts to an average of $600 annually per household, or run the risk that ...

Lara had initially seemed reluctant to approve State Farm's emergency rate hikes, asking the company to prove its financial position following the wildfires. In mid-March, he ordered a judge to ...

In early February, State Farm asked California Insurance Commissioner Ricardo Lara to approve emergency interim rate increases, saying the Los Angeles Country fires had worsened its financial ...

State Insurance Commissioner Ricardo Lara said in a closed meeting on March 11 with Dan Krause, State Farm's senior vice president for the West, that he was proposing granting the insurance giant ...

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 ...