California reconsiders State Farm rate hike as insurer’s losses rise
State Farm General requested a 22% emergency rate hike in California to cover losses from the Los Angeles County wildfires and stop its “financial deterioration.” Lara declined the request, and asked that Krause and other company officials to meet with him to answer questions about why higher rates were needed.
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 ...
California Insurance Commissioner Ricardo Lara issued a bulletin expanding the previously announced one-year moratorium preventing homeowners insurance cancellations and non-renewals to those affected ...
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 ...
State Farm has given Insurance Commissioner Ricardo Lara a stark choice: Approve a rate increase consumer advocates say amounts to an average of $600 annually per household, or run the risk that ...
The legendary band talks about the release of their latest single, 'La Lotería,' and playing at Folsom State Prison 50 years ...
LOS ANGELES, CA, UNITED STATES, February 25, 2025 /EINPresswire / -- The National Association of Public Insurance Adjusters (NAPIA) is proud ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback