State Farm mulling options after Lara rejects emergency rate hike request
In a Feb. 14 letter, Lara informed State Farm that the company had not met the burden of proof required for emergency property rate increases of 15% to 38%. He requested additional data and scheduled a meeting at the end of the month with the carrier and intervenor Consumer Watchdog.
Insurance commissioner rejects State Farm's request for 22% emergency rate hike
Insurance Commissioner Ricardo Lara on Monday rejected State Farm General's request for an emergency 22% home insurance rate hike due to the Los Angeles fires unless the insurer can provide more evidence it is warranted.
Big homeowner rate hike from State Farm shot down by California regulator
California Insurance Commissioner Ricardo Lara recently rejected State Farm's request for "emergency" rate increases, setting up what could be a highly consequential showdown with the state's biggest insurer - and going against the recommendation of his staff experts.
California Insurance Commissioner asks State Farm to justify 22% insurance rate increase
Commissioner Ricardo Lara scheduled a meeting with State Farm to hear their justification for the rate increase.
State Farm responds to California Insurance Commissioner's denial of emergency interim rate request
State Farm pointed out that over the last nine years, the lack of alignment between price and risk means that for every $1 collected in premium, State Farm General paid
California Insurance Commissioner demands more answers from State Farm on proposed rate hike
State Farm submitted a request for an emergency interim rate, which would have increased costs by 22% for some homeowners.
State Farm’s rate hike shot down by California regulator
California Insurance Commissioner Ricardo Lara rejected State Farm’s “emergency” premium increase of 22% on average for California homeowners.
California insurance commissioner rejects State Farm’s request for 22% rate increase
State Farm responded by saying that it “must seriously consider its options within the California insurance market going forward.”
California insurance commish to State Farm: go pound ashes
State Insurance Commish Ricardo Lara has turned down a request by State Farm General to raise home insurance rates by an average 22%.
State Farm wildfire rate hike rejected
State Farm's request for a rate hike has been rejected. Elon Musk on Trump Derangement Syndrome: They've become 'completely irrational' Hundreds of United Passengers Stranded on Snowy Island for Days Mark Ruffalo wants you to remember that ‘every petty
LA Times Today: L.A. wildfires up the pressure on California’s insurance commissioner over industry ties
When State Farm insurance wanted an emergency rate hike of 22 percent after the wildfires, state insurance commissioner ...
Jake from State Farm ends up on the Severed Floor in silly ad crossover
Mark S may have no idea who Jake from State Farm is, but a new ad featuring the insurance company and Apple TV+ hit "Severance" brings them together.
Insurance Commissioner rejects State Farm’s emergency rate hike request, calls for meeting with company reps
California Insurance Commissioner Ricardo Lara has rejected State Farm General’s request for a rate hike averaging 22% due to ...
Blue Cross and Blue Shield of Alabama vs. ALFA battle could change state’s health insurance market
A battle over the future of health care in Alabama is raging between two political heavyweights — Blue Cross and Blue Shield ...
Watch State Farm’s ‘Severance’-inspired campaign directed by Ben Stiller
The campaign was originally scheduled to air ahead of the Season 2 premiere on Jan. 17, but State Farm delayed the work ...
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Florida lawmakers seek insurance accountability
Florida legislators have introduced bills that would amend state insurance laws, adjusting attorney fee rules and expanding ...