California’s top insurance regulator on Friday said he would approve an emergency request by State Farm to raise premiums 22% on home insurance for about a million customers if the insurance giant ...

In an effort to safeguard Californians during the ongoing insurance crisis and stabilize the market, Insurance Commissioner ...

California Insurance Commissioner Ricardo Lara was reportedly on a work-related trip in Bermuda instead of attending an ...

Commissioner Ricardo Lara Lara wants the insurance giant to present evidence justifying the increase at a public hearing ...

California Insurance Commissioner Ricardo Lara said Friday he will grant State Farm’s request to raise home insurance ...

California Insurance Commissioner Ricardo Lara, on Friday granted a provisional green-light to State Farm's request for a 22% rate hike for home owners insurance policies.

California Insurance Commissioner Ricardo Lara said Friday he will grant State Farm’s request to raise home insurance ...

State Farm justified its rate hike by claiming it is paying out $1.26 in claims for every dollar it collects in premiums, resulting in the loss of $5 billion in the last nine years.

Lara attended the Bermuda Risk Summit, an event in the Caribbean that is held by members of the insurance and reinsurance ...

() - California Insurance Commissioner Ricardo Lara provisionally approved State Farm’s request for a 22% property insurance rate hike, citing a need to stabilize the insurance market.