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California insurance commissioner OKs State Farm rate hike

CBS News on MSN · 1h

California insurance commissioner "provisionally" approves State Farm 22% rate increase

California Insurance Commissioner Ricardo Lara announced Friday he has "provisionally" approved State Farm's rate hike of 22% as the company reports dealing with financial struggles stemming from the Los Angeles wildfires.

The Wall Street Journal on MSN · 2h

California Approves State Farm’s Emergency Rate Increase on Homeowners

The approval comes months after devastating wildfires, and will add an average $600 a year to homeowners’ bills.

The Press Democrat · 2h

State Farm can hike rates on California homeowners — if it pauses cancellations and proves need

California Insurance Commissioner Ricardo Lara said Friday he will grant State Farm’s request to raise home insurance premiums by 22% on average if the company agrees to certain conditions.

Insurance commissioner ‘provisionally’ agrees to State Farm’s 22% rate hike

California Insurance Commissioner Ricardo Lara "provisionally'' approved State Farm General's request for an emergency 22% ...

Insurance Business America2d

State Farm tells Lara that it "doesn't make sense" to issue new policies in California

With Lara expected to issue a decision on State Farm’s request imminently, homeowners, insurers, and policymakers are bracing ...

2don MSN

California farm groups look to stabilize workforce amid crackdown on illegal immigration

As the Trump administration cracks down on illegal immigration, California farm groups are working to influence legislation ...

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