Price controls on California home insurance scrutinized after Los Angeles fires
Depending on the Californian talking, price controls are the angel or the devil in the debate about the Golden State’s ...
State Farm reports staggering insurance losses from Los Angeles wildfires
State Farm General, California’s largest home insurer by far, estimates it will pay $7.6 billion to survivors of the Los ...
Opinion Columnists
State’s commissioner juggles often-conflicting goals of protecting homeowners and stabilizing the insurance market.
NBC Los Angeles on MSN3d
State Farm estimates $7.6 billion in LA wildfire losses, continues seeking interim rate request
State Farm Insurance Group said this week that it has paid out $1.75 billion on approximately 9,500 claims filed as a result ...
California reconsiders State Farm rate hike as insurer’s losses rise
As we enter the fire season, it’s in jeopardy,” CFO Mark Schwamberger said of the state’s largest policyholder.
Santa Rosa Press Democrat4d
California to consider State Farm emergency rate increase request
Commissioner Ricardo Lara had asked for the meeting in which he and Consumer Watchdog will sit down with State Farm reps in ...
NBC Los Angeles3d
State Farm estimates $7.6 billion in LA wildfire losses, continues seeking interim rate request
State Farm Insurance Group said this week that it has paid out $1.75 billion on approximately 9,500 claims filed as a result of the January wildfires in Los Angeles County. Direct losses reported ...
Santa Rosa Press Democrat2d
California insurance commissioner meets privately with State Farm, hopes to make rate hike decision within 2 weeks
Ricardo Lara said he will look at information provided by State Farm before revisiting his previous decision to reject the ...
Thousands of LA Wildfire Victims Get New Insurance Boost
The state's insurance commissioner, Ricardo Lara, said homeowners "should not have to worry about losing their insurance." ...
State Farm says LA wildfire losses total $7.6 billion
State Farm General said it will pay $7.6 billion to settle claims from last month’s firestorms in the Los Angeles area.
California insurance commissioner meets with State Farm about emergency rate hike
California’s insurance commissioner met with representatives for State Farm Wednesday in Oakland to talk about why the company has requested an emergency rate hike following the Los Angeles County ...