(Bloomberg) -- California Insurance Commissioner Ricardo Lara said he plans to approve a 22% emergency rate increase for State Farm policyholders, pending a public hearing next month, in a move aimed ...

Asking for an unnecessary bailout to the tune of millions of dollars from California homeowners will be my tipping point as a ...

California's top insurance regulator says he will approve an emergency request from State Farm to raise home insurance rates ...

The california insurance commissioner announced today, he would approve state farm's emergency request to raise home ...

California insurance regulators have provisionally approved State Farm's request for a steep rate hike for homeowners following the devasting Los Angeles wildfires. On Friday, Insurance Commissioner ...

California’s insurance commissioner will approve State Farm’s rate increase request, if the company justifies the increase at a public hearing.

California Insurance Commissioner Ricardo Lara said Friday he will grant State Farm’s request to raise home insurance ...

Commissioner Ricardo Lara Lara wants the insurance giant to present evidence justifying the increase at a public hearing ...

California Insurance Commissioner Ricardo Lara, on Friday granted a provisional green-light to State Farm's request for a 22% rate hike for home owners insurance policies.

State Farm justified its rate hike by claiming it is paying out $1.26 in claims for every dollar it collects in premiums, resulting in the loss of $5 billion in the last nine years.

Lara attended the Bermuda Risk Summit, an event in the Caribbean that is held by members of the insurance and reinsurance ...