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News

CA approves State Farm's emergency rate hike

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California approves State Farm’s request for emergency rate hike after spending billions on LA fires
California Insurance Commissioner Ricardo Lara gave the green light to State Farm‘s emergency request to hike rates after the company suffered billions of dollars in losses due to the fires that devastated Los Angeles earlier this year.

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 · 4h · on MSN
 · 1d · on MSN
Insurance commissioner grants State Farm 17% emergency rate hike after L.A. fires
 · 17h · on MSN
CA approves State Farm's emergency rate hike; increases as high as 38% start June 1
11d
Ricardo Lara on being the ‘most unpopular person’
California’s insurance commissioner says the tradeoffs involved in managing wildfire risk have made his position politically ...
KTLA-TV Los Angeles on MSN6h
State Farm gets approval to raise California homeowners' rates 17%
California Insurance Commissioner Ricardo Lara approved an emergency rate hike request by State Farm that will allow the company to increase premiums on homeowners, renters and landlords. This video ...

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