California Insurance Commissioner Ricardo Lara has allowed a provisional emergency interim State Farm home insurance rate increase following the January wildfires while raising questions about the ...
State Farm says the steep hike on homeowners is necessary to shore up its cash reserves in the event of another catastrophe.
California insurance regulators on Friday granted an emergency request from State Farm to raise premiums by 22%, but there ...
State Farm made its request following years of losses and huge damage claims it has received following the Jan. 7 fires.
State Farm General had filed for an 22% rate hike for its homeowner policies, citing the wildfires and a £3.86 billion drop ...
A State Farm executive has been fired following the release of a recording where he said the company’s California rate hikes ...
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