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California reconsiders State Farm rate hike as insurer’s losses rise
State Farm’s CEO and California’s top insurance official just met. Here’s exactly what they said
State Farm has given Insurance Commissioner Ricardo Lara a stark choice: approve a rate increase consumer advocates say amount to $600 per household, or run the risk that California’s largest insurer may drop even more policies across the state.
State Farm threatens to drop more policies if California's Lara rejects rate hike
As insurance companies scale back operations, reduce coverage, or raise premiums, many Californians are searching for answers. On
The devastation caused by the twin blazes has raised fresh questions about whether the state — and its top insurance regulator, Ricardo Lara — have done enough to protect homeowners.
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California official makes $1 billion request in wake of wildfires — here's why the funds are needed"The FAIR Plan paid out $914 million." California official makes $1 billion request in wake of wildfires — here's why the funds are needed first appeared on The Cool Down.
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