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 ...
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 ...
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Burned: “Good Neighbor” State Farm Seeks Huge Rate Hikes After L.A. Fires
Firefighters had barely achieved full containment of the blazes that leveled whole neighborhoods in Los Angeles before State ...
Big homeowner rate hike from State Farm shot down by California regulator
State Farm wanted to hike California home insurances rates 22% but the state insurance commissioner blocked the plans ...
State Farm’s emergency California rate hike denied as insurance official demands proof of need
In a rebuke to the state’s largest insurance company, California Insurance Commissioner Ricardo Lara announced Friday he will not grant State Farm General’s request for an emergency rate hike in the ...
'A Recipe For Market Instability' — Fed Chief Powell Predicts Mortgages Won't Be Available In Some Regions, But It Has Nothing To Do Rates
Owning a home isn't just about affording the monthly mortgage—it's about securing insurance. And according to Federal Reserve ...
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Travelers faces $1.7 billion impact from Los Angeles wildfires
Travelers reported on Tuesday a $1.7 billion impact from the Los Angeles wildfires based on insurance policyholder claims without stating if it will raise premiums significantly in California or ...
California braces for heavy rains as massive pileup in winter storm closes an Oregon interstate
Snow and ice in whiteout conditions contributed to a pileup of more than 100 cars on a major highway connecting Oregon and ...
L.A. is already getting fire recovery wrong. Two experts explain how to do it better
Two wildfire experts argue that the L.A. destruction didn't have to be as bad as it was. The question isn't whether we can ...