In a letter to the insurer, Lara said under Proposition 103, State Farm has the burden of explaining why the rate hike is ...
After State Farm, California's largest insurer, filed a request for an emergency 22% rate hike for homeowner policies, ...
After massive payouts from L.A. fires, California's largest insurer faces tough questions about its 22% premium increase ...
State Farm wants CA's Insurance Commissioner to approve an emergency 22% increase on homeowners insurance. The commissioner says no, for now. He needs more info.
Commissioner Ricardo Lara scheduled a meeting with State Farm to hear their justification for the rate increase.