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California regulators are going after the FAIR Plan over systematic denials of smoke damage claims, which critics say is ...
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State Farm’s CEO for California discusses financial turmoil in ...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 ...
The California Department of Insurance oversees the FAIR Plan to ensure compliance with state law and fair treatment of policyholders. Violations cited in the legal action include misrepresenting ...
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 ...
Six months after the Jan. 7 fire storms that killed at least 30 people, frustrations are mounting among many homeowners over how the state's largest insurer is handling their damage claims.
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 ...
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