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Michael Soller, the Deputy Commissioner of Communications for the Department of Insurance, says by law, Commissioner Ricardo ...
It makes us wonder how much of the crisis could have been avoided had he spent more time in Sacramento and less time in ...
Commissioner Ricardo Lara said Department of Insurance employees have “risen to the occasion” while working remotely.
State Farm has said the rate increase is needed following the Los Angeles wildfires that destroyed more than 16,000 structures, many of them homes.
A public hearing was held Tuesday as State Farm requested an emergency rate hike. Their proposal could increase premiums by ...
The insurance company says its finances are strained because of the Eaton and Palisades fires, from which it expects to pay ...
If approved, it’s unclear how much premiums could go up in the Bay Area or which parts of the region would see the largest ...
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State Farms argues for California rate hike of up to 38%
State Farm is seeking approval from insurance regulators for a 22% increase for homeowners, a 15% increase for renters and condos, and a 38% increase for rental dwellings. OAKLAND, Calif. - The ...
If approved, it’s unclear how much premiums could go up in the Bay Area or which parts of the region would see the largest ...
At an Oakland hearing Tuesday, attorneys for State Farm Insurance made their case for an emergency rate hike that could ...
State Farm asked Commissioner Lara to immediately approve emergency interim rate increases of an average 22% for homeowners.
Remains of a house severely damaged by the Eaton Fire in Altadena on Jan. 20, 2025. Photo by Jules Hotz for From economy ...