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Insurance Commissioner Ricardo Lara adopted an administrative law judge’s ruling Tuesday and granted State Farm General an emergency 17% hike in its homeowner rates. The commissioner’s ...
Donate now. State Farm can raise homeowner and other rates starting next month, becoming the first insurance company to win approval to do so on an emergency interim basis in California.
For those in the Sierra Foothills who are covered by State Farm, the insurer's latest rate increase is something many people will have to budget for. It's been nearly five years since the River ...
The state of California approved State Farm's request for a double-digit increase in home insurance premiums to help the insurer deal with financial challenges following the wildfires that ...
State Farm has gotten approval to raise insurance rates for homeowners starting in June. The "emergency" rate hike was approved as customers continue to feel the devastating wildfires' lasting impact.
WENDY HAS STATE FARM AND SAYS SHE’S BEEN BATTLING THE COMPANY TO PAY OUT CLAIMS SHE MADE AFTER HER HOUSE SUFFERED SIGNIFICANT SMOKE DAMAGE IN THE FIRE. I’D LIKE EVERY ONE OF THE STATE FARM ...
After fielding a storm of complaints at a community meeting about how State Farm General is handling Los Angeles wildfire claims, California Insurance Commissioner Ricardo Lara said Saturday that ...
State Farm’s newly approved emergency rate hike for homeowners insurance is triggering concerns about affordability and increased strain on the housing market. The change is set to take effect ...
The state's approval came after a three-day hearing in April where State Farm had to justify with data why the rate hike was necessary. In April, State Farm argued the emergency insurance rate ...
(KRON) — California State Farm policyholders will soon face a significant rate increase, as the Insurance Commissioner has approved a $749 million emergency interim rate hike following the ...
(AP Photo/Ethan Swope) SACRAMENTO, Calif. (CN) — Insurance giant State Farm has secured the emergency interim rate increase it sought, though the higher fees must still go before a full hearing.