California's insurance chief rejects State Farm's 'emergency' rate hike, setting stage for a crucial industry showdown.

Commissioner Ricardo Lara scheduled a meeting with State Farm to hear their justification for the rate increase.

The California insurance commissioner on Friday rejected State Farm's request for a temporary 22% rate hike for homeowner ...

In a letter to the insurer, Lara said under Proposition 103, State Farm has the burden of explaining why the rate hike is ...

California insurance regulators are demanding that State Farm answer “critical questions about its financial condition” in ...

California’s insurance commission has turned down State Farm’s request to increase its rates, at least for now.

In a rebuke to the state’s largest insurance company, California Insurance Commissioner Ricardo Lara announced Friday he will ...

California Insurance Commissioner Ricardo Lara has requested $1 billion in additional funds from the commission's member ...

California property and casualty insurers may recover up to half of the $1 billion California FAIR PLAN assessment through a ...

California Insurance Commissioner Ricardo Lara approved a plan to increase temporary fees for most California home and fire insurance customers to bail out the Golden State's last-resort fire ...

As of February 5, 2025, $6.94 billion has been paid out to insurance policyholders in Southern California for residential and ...