Tag: Insurance regulations
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 Lawmakers to Review Speeding Up Insurance Claims Process After Los Angeles Fires
California Lawmakers Accelerating Insurance Claims Process Post Los Angeles FiresSACRAMENTO — Following the devastating fires that ravaged Los Angeles, California lawmakers are gearing up to review measures that could expedite the insurance claims process...
California Increases Minimum Auto Insurance Coverage Limits
California Raises Minimum Auto Insurance Coverage LimitsIn a landmark decision, California has increased its minimum auto insurance requirements for the first time in over five decades. The change, brought about by Gov. Gavin Newsom's...