California insurance commish to State Farm

California insurance commish to State Farm: go pound ashes
State Insurance Commish Ricardo Lara has turned down a request by State Farm General to raise home insurance rates by an average 22%.
California insurance commissioner rejects State Farm’s request for 22% rate increase
State Farm responded by saying that it “must seriously consider its options within the California insurance market going forward.”
State Farm’s rate hike shot down by California regulator
California Insurance Commissioner Ricardo Lara rejected State Farm’s “emergency” premium increase of 22% on average for California homeowners.
State Farm responds to California Insurance Commissioner's denial of emergency interim rate request
State Farm pointed out that over the last nine years, the lack of alignment between price and risk means that for every $1 collected in premium, State Farm General paid
Big Homeowner Rate Hike From State Farm Shot Down by California Regulator
California's insurance chief rejects State Farm's 'emergency' rate hike, setting stage for a crucial industry showdown.
California insurance commissioner rejects State Farm’s emergency rate hike request
California Insurance Commissioner Ricardo Lara on Friday refused to grant State Farm’s request for an average 22% emergency rate increase for homeowners’ insurance. Lara is also
State Farm wildfire rate hike rejected
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L.A. wildfires up the pressure on California’s insurance commissioner over industry ties
The devastation caused by the twin blazes has raised fresh questions about whether the state — and its top insurance ...
California Bill Could Force Insurers to Change Payout Policies
Proposed legislation could force insurers in California to pay 100 percent of the coverage for belongings inside homes ...
California lawmakers propose 10-bill package to tackle wildfire insurance crisis
The California Department of Insurance is backing a comprehensive package of 10 bills aimed at addressing the rising ...
Big CA insurance hike blocked for now
The state’s insurance commissioner blocked a State Farm request to raise rates as wildfire insurance claims continue to roll in.
The Desert Sun6d
California homeowners will pay temporary fees to help pay for wildfire insurance claims
California Insurance Commissioner Ricardo Lara approved a plan to increase temporary fees for most California home and fire insurance customers to bail out the Golden State's last-resort fire ...
California seeks $1 billion from insurers to shore up FAIR Plan after LA fires
California Insurance Commissioner Ricardo Lara has requested $1 billion in additional funds from the commission's member ...
reinsurancene4d
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 ...