insurancebusinessmag8h
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 ...
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 ...
Santa Monica Daily Press6h
Big homeowner rate hike from State Farm shot down by California regulator
By Levi Sumagaysay CalMatters California Insurance Commissioner Ricardo Lara recently rejected State Farm’s request for “emergency” rate increases, setting up what could be a highly consequential ...
LA Wildfires Intensify Political Jousting Over Home Insurance Premiums
Recent LA wildfires test Insurance Commissioner Lara's new premium calculation system amid industry pressures.
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.
Walters: Los Angeles wildfires intensify political jousting over home insurance premiums
The horrendously destructive and deadly Los Angeles wildfires erupted in January just as Insurance Commissioner Ricardo ...
The San Bernardino Sun15h
Allstate boosts losses from L.A. County wildfires to $2.4 billion
The new estimate is nearly $500 million higher than the $2 billion the Northbrook, Ill.-based insurer projected earlier this month.
Cheddar8h
Big Business This Week: Guess Who’s Back? Inflation!
President Trump said so! Plus, delivery app duels, Southwest's executive nosedive, and the truth behind Truth Social.