California's top insurance regulator says he will approve an emergency request from State Farm to raise home insurance rates ...
Silicon Valley on MSN22 小时
California regulators provisionally approve State Farm steep homeowner rate hikeOn Friday, Insurance Commissioner Ricardo Lara signaled his willingness to allow State Farm to raise homeowner rates by an ...
The California Department of Insurance has been under pressure to stabilize the market, introducing new rules that allow ...
State Farm says the steep hike on homeowners is necessary to shore up its cash reserves in the event of another catastrophe.
California Insurance Commissioner Ricardo Lara has provisionally accepted State Farm General’s request for an emergency 22% rate hike. State Farm, the state’s largest home insurer, made this request ...
The Cool Down on MSN21 小时
Homeowners blindsided as critical insurance coverage disappears: 'A backroom bailout'The disaster has led to a confrontation between leading home insurance providers, including State Farm, and state regulators.
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