Insurance commissioner rejects State Farm’s request for 22% emergency rate hike
Insurance Commissioner Ricardo Lara on Monday rejected State Farm General's request for an emergency 22% home insurance rate ...
Insurance Commissioner rejects State Farm’s emergency rate hike request, calls for meeting with company reps
California Insurance Commissioner Ricardo Lara has rejected State Farm General’s request for a rate hike averaging 22% due to ...
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California's Public Consumer Claims Tracker Continues to Show Progress in Los Angeles Wildfire Claim Amounts, Payments, and Auto Claims
California's Public Consumer Claims Tracker Continues to Show Progress in Los Angeles Wildfire Claim Amounts, Payments, and ...
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Claims paid for California wildfires reach $6.9bn: Commissioner Lara
As of February 5, 2025, $6.94 billion has been paid out to insurance policyholders in Southern California for residential and ...
State Farm’s request for emergency California rate hike has been denied
In a rebuke to the state’s largest insurance company, California Insurance Commissioner Ricardo Lara announced Friday he will ...
Over $7 billion has been paid out in insurance claims due to LA fires
More than 33,000 insurance claims have been filed as Feb. 5 in connection to the deadly Palisades and Eaton fires.
State Farm must wait on emergency home insurance rate increase bid after California wildfires
Executives for State Farm General Insurance Company, the firm’s California arm, asked Lara for a 22% price increase on Feb. 3. They told the commissioner their business “needs your urgent assistance ...
On the bright side, maybe Democrats and Republicans will be chastened
Two contemporaries born in the 18th century provide reasons for guarded optimism about 21st-century U.S. politics. Democrats ...
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Insurance claims paid so far after LA wildfires exceed $6.9bn
According to the California Department of Insurance, the insurance industry has paid $6.94 billion in residential and ...
California’s insurer for people without private coverage needs $1 billion more for LA fires claims
Roughly 4,700 claims have been filed so far through California's FAIR Plan which has already paid out more than $914 million.