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California insurance commissioner rejects State Farm request for rate increase
State Farm must justify insurance premium increases under California Proposition 103, highlighting the scrutiny over their financial practices amid climate-related challenges.
California insurance commissioner rejects State Farm request for rate increase
State Farm must justify insurance premium increases under California Proposition 103, highlighting the scrutiny over their financial practices amid climate-related challenges.
State Farm Seeks Enormous Rate Increases in California to Prevent Insolvency | KQED
This has the potential to affect millions of California consumers and the integrity of our residential property insurance market,” California Insurance Commissioner Ricardo Lara said in a statement provided to KQED.