California’s insurance commission has turned down State Farm’s request to increase its rates, at least for now.
State Farm wanted to hike California home insurances rates 22% but the state insurance commissioner blocked the plans ...
Commissioner Ricardo Lara scheduled a meeting with State Farm to hear their justification for the rate increase.
State Farm wants CA's Insurance Commissioner to approve an emergency 22% increase on homeowners insurance. The commissioner says no, for now. He needs more info.
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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