Insurance commissioner grants State Farm 17% emergency rate hike after L.A. fires

Insurance Commissioner Ricardo Lara adopted an administrative law judge's recommendation Tuesday and granted State Farm General, the state's largest home insurer, a 17% emergency hike in its homeowners insurance rates.

May 14, 2025 - 07:08
 0
Insurance commissioner grants State Farm 17% emergency rate hike after L.A. fires
Insurance Commissioner Ricardo Lara adopted an administrative law judge's recommendation Tuesday and granted State Farm General, the state's largest home insurer, a 17% emergency hike in its homeowners insurance rates.