State Farm, California
California Insurance Commissioner Ricardo Lara has rejected State Farm General’s request for a rate hike averaging 22% due to ...
The insurer had sought approval for an emergency rate hike in the wake of LA fires, which led to the call for a meeting on ...
The insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of ...
3d
Los Angeles Magazine on MSNState Farm's "Emergency" Rate Hike Gets Cold Shoulder From Insurance CommissionerAfter massive payouts from L.A. fires, California's largest insurer faces tough questions about its 22% premium increase ...
State Farm pointed out that over the last nine years, the lack of alignment between price and risk means that for every $1 ...
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