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This one’s different because California Insurance Commissioner Ricardo Lara called it hastily about a month ago, after State Farm made a unique request: It asked Lara to immediately approve ...
The lawsuit claims insurers conspired to force homeowners onto the FAIR Plan, a last-resort insurance program.
A new lawsuit alleges that California's major insurers worked together to push higher premiums and lower coverage caps onto ...
After a three-day hearing this week, State Farm is one step closer to approval for a rate hike on its California customers. This story was originally published by CalMatters. Sign up for their ...
“During this meeting, State Farm informed the Commissioner that while it can cover claims from the Southern California wildfires, the disaster has worsened its financial condition.” In ...
WATCH THE HEARING LIVE: In the Matter of the Rate Application of: STATE FARM GENERAL INSURANCE COMPANY Rate hearings are rare and usually scheduled months in advance. This one’s different because ...