The state’s largest insurer will have to present evidence justifying the rate increase at a public hearing scheduled for ...
California Insurance Commissioner Ricardo Lara announced Friday he has "provisionally" approved State Farm's rate hike of 22% as the company reports dealing with financial struggles stemming from the ...
Find out what's making car insurance so expensive. And, once you know why car insurance is so high, you'll be better able to ...
State Farm reported that it has paid out $2.45 billion across 12,200 claims related to the January wildfires in Los Angeles, ...
State Farm is coming to the assistance of homeowners, though perhaps not in the exact way they might want. Widespread ...
California Insurance Commissioner Ricardo Lara said he plans to approve a 22% emergency rate increase for State Farm policyholders, pending a public hearing next month, in a move aimed at stabilizing ...
California's Insurance Commissioner issued an order provisionally on Friday approving State Farm's emergency request to raise home insurance rates by about 22% so long as the company appears at a ...
For drivers with a clean driving record and good credit, one accident can raise full-coverage car insurance rates from $2,008 per year to $2,919, a climb of 45%.
State Farm made its request following years of losses and huge damage claims it has received following the Jan. 7 fires.
Insurance Commissioner Ricardo Lara said Friday he will approve State Farm’s request for an emergency rate increase, but only if the company’s California arm can justify its need for it at a public ...
The rate increase will add an average $600 a year to the bills of State Farm’s million-plus home-insurance customers in California, the consumer group Consumer Watchdog estimated. It comes ...
Calif. Insurance Commissioner Ricardo Lara also called on State Farm to halt non-renewals of homeowner coverage policies.
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