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“Voter-approved Proposition 103 says a rate hike shouldn’t come before the rate justification, but that’s what happened here,” Balber added. The approval comes despite calls for the insurance ...
State Farm has gotten approval to raise insurance rates for homeowners starting in June. The "emergency" rate hike was approved as customers continue to feel the devastating wildfires' lasting impact.
California on Tuesday approved a 17% emergency rate hike for State Farm after the state’s largest insurer made an emergency request following January wildfires that devastated two Los Angeles ...
ORINDA — If you have home insurance from State Farm, you will soon be paying more. That's after an administrative law judge in Oakland endorsed an emergency rate hike for the largest insurer in ...
"Approving this rate hike without reviewing State Farm's conduct would send a chilling message to every Californian: You can pay your premiums — but don't count on your insurer when disaster ...
State Farm can raise homeowner and other rates starting ... fire survivors in a Zoom meeting over the weekend that the rate hike and the claims complaints were separate matters.