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State Farm General, California’s largest home insurer, has been granted approval to raise its home insurance rates across the state — triggering fierce backlash from consumer advocates.
California approved an interim rate hike of 17% for State Farm’s homeowner policies, which the insurance company ... State Farm stopped offering new homeowners policies in the state ...
The new rates are temporary until the state has a chance to consider State Farm's request from last year for a 30% rate increase for homeowners. The hearings for that request are set for ...
Insurance Commissioner Ricardo Lara will allow State Farm to raise its rates by an average of 17% for homeowners across California in ... that their policies will no longer be covered.
California's insurance commissioner granted State Farm approval for an emergency ... prone areas of the state, leaving homeowners with limited options or no feasible alternative at all ...
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