Tag: California insurance industry
California Insurance Commissioner Meets State Farm for Rate Hike Decision.
California Insurance Commissioner Ricardo Lara recently met with the State Farm Group to discuss the company's emergency rate hike request. State Farm, California's largest insurer, is seeking to raise premiums on its nearly 3...
California Regulator Rejects State Farm’s Homeowner Rate Increase
California Regulator Rejects State Farm's Homeowner Rate IncreaseIn a recent turn of events following the devastating Los Angeles fires, California Insurance Commissioner Ricardo Lara has made a bold decision to reject State Farm's request...
Top California Home Insurers in L.A. with Highest Claim Denial Rates
California home insurers in Los Angeles have been denying an alarmingly high number of claims, a recent report has revealed. The report, conducted by ratings agency Weiss Ratings, exposed that three of the state's...