California to consider State Farm emergency rate increase request
Insurance Commissioner Ricardo Lara had asked for the meeting in which he and Consumer Watchdog will sit down with State Farm reps to discuss proposed emergency policy rate increases of up to 38% to cover the costs associated with the Los Angeles-area wildfires.
It wants to bypass the rate hearing that would normally be required, saying it has been waiting for the Insurance Department to approve rate increases it requested last year, and that payouts from the ...
The devastation caused by the twin blazes has raised fresh questions about whether the state — and its top insurance ...
GOLETA, Calif. - Seats were filled as an insurance town hall meeting was held in Goleta to discuss the state of home insurance for local communities and ...
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California official makes $1 billion request in wake of wildfires — here's why the funds are needed"The FAIR Plan paid out $914 million." California official makes $1 billion request in wake of wildfires — here's why the ...
Proposed legislation could force insurers in California to pay 100 percent of the coverage for belongings inside homes ...
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