News

California Insurance Commissioner Ricardo Lara was absent from a hearing from the state’s largest insurer, State Farm, on its ...
During a public hearing on Tuesday, State Farm said rate hikes are needed to shore up its assets and stability.
A new report looks at the impacts the Los Angeles wildfires, potential tariffs and new statewide policy will have on rising ...
In June, State Farm asked the department to raise its prices for home policies by an average of 30%. Under California law, ...
The insurance company State Farm and the California Department of Insurance argue that the rate increase will shore-up the ...
If approved, it’s unclear how much premiums could go up in the Bay Area or which parts of the region would see the largest ...
Michael Soller, the Deputy Commissioner of Communications for the Department of Insurance, says by law, Commissioner Ricardo ...
California will see the second-biggest rate hikes in the U.S. as a consequence of the Palisades and Eaton fires, a report found.
The first day of a hearing has finished. A judge is set to decide whether or not to recommend the Insurance Commissioner ...
Should California’s largest insurance company be allowed to raise prices for consumers to preserve its financial viability?
At an Oakland hearing Tuesday, attorneys for State Farm Insurance made their case for an emergency rate hike that could impact insurance rates for millions of Californians.
Commissioner Ricardo Lara said Department of Insurance employees have “risen to the occasion” while working remotely.