The insurer had sought approval for an emergency rate hike in the wake of LA fires, which led to the call for a meeting on ...

California Insurance Commissioner Ricardo Lara has rejected State Farm General’s request for a rate hike averaging 22% due to ...

Insurance Commissioner Ricardo Lara on Friday rejected State Farm General's request for an emergency 22% home insurance rate ...

Commissioner Ricardo Lara scheduled a meeting with State Farm to hear their justification for the rate increase.

After State Farm, California's largest insurer, filed a request for an emergency 22% rate hike for homeowner policies, ...

State Insurance Commish Ricardo Lara has turned down a request by State Farm General to raise home insurance rates by an ...

State Farm responded by saying that it “must seriously consider its options within the California insurance market going forward.” ...

California Insurance Commissioner Ricardo Lara (pictured above) has said that State Farm General Insurance Co. has not provided sufficient evidence to justify emergency property rate hikes ranging ...

State Farm pointed out that over the last nine years, the lack of alignment between price and risk means that for every $1 ...

California's insurance chief rejects State Farm's 'emergency' rate hike, setting stage for a crucial industry showdown.

State Farm submitted a request for an emergency interim rate, which would have increased costs by 22% for some homeowners.

In a letter to the insurer, Lara said under Proposition 103, State Farm has the burden of explaining why the rate hike is ...