It’s unclear how much premiums could go up in the Bay Area or which parts of the region would see the largest rate hikes.
California’s top insurance regulator on Friday said he would approve an emergency request by State Farm to raise premiums 22% on home insurance for about a million customers if the insurance giant ...
Commissioner Ricardo Lara Lara wants the insurance giant to present evidence justifying the increase at a public hearing ...
Lara attended the Bermuda Risk Summit, an event in the Caribbean that is held by members of the insurance and reinsurance ...
California’s insurance commissioner said his approval was conditioned on State Farm justifying its need for the increase by ...
Here’s how the moratorium works: If your insurance policy was active when a wildfire emergency was declared in your area, ...
California Insurance Commissioner Ricardo Lara said he plans to approve a 22% emergency rate increase for State Farm ...
If State Farm is successful at proving its need for rate hikes at next month’s hearing, its interim rates will climb on June ...