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Browsing: Consumer Watchdog
A State Farm executive was terminated following the release of an undercover video where he discussed the company’s attempts to increase insurance rates in California and criticized residents of fire-affected areas.
Insurance Commissioner Ricardo Lara will review information from State Farm before deciding on the company’s request for an emergency rate increase.
Insurance Commissioner Ricardo Lara faces challenges as wildfires coincide with new insurance regulations.
California’s Insurance Commissioner, Ricardo Lara, has denied State Farm’s request for an immediate rate increase following the Los Angeles fires, demanding more information and setting up a potential confrontation.
California’s insurance commissioner unveils a plan to stem the exodus of insurers from the state, focusing on computer modeling and coverage requirements in high-risk areas.
Following recent wildfires, State Farm’s request for a significant premium increase is denied, leading to a potential confrontation.
California’s insurance commissioner unveils a plan to stabilize the state’s insurance market in the face of increasing wildfire risks, prompting mixed reactions from stakeholders.