State Farm, California

State Farm mulling options after Lara rejects emergency rate hike request
In a Feb. 14 letter, Lara informed State Farm that the company had not met the burden of proof required for emergency property rate increases of 15% to 38%. He requested additional data and scheduled a meeting at the end of the month with the carrier and intervenor Consumer Watchdog.
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.
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 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
California Insurance Commissioner asks State Farm to justify 22% insurance rate increase
Commissioner Ricardo Lara scheduled a meeting with State Farm to hear their justification for the rate increase.
State Farm Seeks 22% Rate Hike for California Homeowners
State Farm is requesting a 22% rate increase for California homeowners, citing $1 billion in recent claims and mounting wildfire-related losses. If approved, the change would take effect for renewals starting May 1, 2025.
California Insurance Commissioner demands more answers from State Farm on proposed rate hike
State Farm submitted a request for an emergency interim rate, which would have increased costs by 22% for some homeowners.
Big Homeowner Rate Hike From State Farm Shot Down by California Regulator
California Insurance Commissioner Ricardo Lara on Friday rejected State Farm’s request for “emergency” rate increases that would have averaged 22% for homeowners.
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%.
State Farm wildfire rate hike rejected
State Farm's request for a rate hike has been rejected. Elon Musk on Trump Derangement Syndrome: They've become 'completely irrational' Hundreds of United Passengers Stranded on Snowy Island for Days Mark Ruffalo wants you to remember that ‘every petty
LA Times Today: L.A. wildfires up the pressure on California’s insurance commissioner over industry ties
When State Farm insurance wanted an emergency rate hike of 22 percent after the wildfires, state insurance commissioner ...
California Insurance Rates to Rise for More Than 600,000 Residents
California homeowners with Mercury General and Safeco policies are going to see their premiums increase this year.
2 home insurance companies given green light to increase rates in CA, impacting 660K customers
State regulators have given two home insurance companies the green light to raise their rates in California, impacting ...