California Ricardo Lara - Search News

California, State Farm

insurancebusinessmag · 53m

State Farm threatens to drop more policies if California's Lara rejects rate hike

State Farm executives made it clear that if the California Department of Insurance does not approve the increases, the insurer may move forward with dropping even more policies, reducing coverage across the state.

Hosted on MSN · 3h

Key State Farm executive in California warns 'significant nonrenewals' possible if rate hike not approved

State Farm has given Insurance Commissioner Ricardo Lara a stark choice: approve a rate increase consumer advocates say amounts to $600 per household, or run the risk that California’s largest insurer may drop even more policies across the state.

Santa Rosa Press Democrat · 21h

California insurance commissioner meets privately with State Farm, hopes to make rate hike decision within 2 weeks

Ricardo Lara said he will look at information provided by State Farm before revisiting his previous decision to reject the company’s emergency rate hike.

Homeowners in California Face Coverage Cuts as Insurance Rates Surge

As insurance companies scale back operations, reduce coverage, or raise premiums, many Californians are searching for answers ...

10don MSN

L.A. wildfires up the pressure on California’s insurance commissioner over industry ties

The devastation caused by the twin blazes has raised fresh questions about whether the state — and its top insurance ...

Hosted on MSN2d

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 ...

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