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Insurance Commissioner rejects State Farm’s emergency rate hike request, calls for meeting with company reps - KTLA Los Angeles

LOS ANGELES (KTLA)—California Insurance Commissioner Ricardo Lara has rejected State Farm General’s request for a rate hike averaging 22% due to the company’s “dire” financial situation after the deadly and destructive L.A. County wildfires. ”In the request, …

By:Iman Palm
Source:KTLA Los Angeles
Published:
Insurance Commissioner rejects State Farm’s emergency rate hike request, calls for meeting with company reps - KTLA Los Angeles
LOS ANGELES (KTLA)California Insurance Commissioner Ricardo Lara has rejected State Farm General’s request for a rate hike averaging 22% due to the company’s “dire” financial situation after the dead… [+2684 chars]

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