Archive

State Farm gets 17% home policy rate hike in California, but must receive $400m capital backing

Consumer Watchdog called Ricardo Lara's rate decision "a great disappointment for consumers"

Apcia hits out at Consumer Watchdog in California for collecting steep 'intervenor fees'

Consumer Watchdog says its involvement costs 0.25% of savings won for consumers

State Farm wins provisional nod for 22% Californian homeowner rate hike

But group must still prove it needs the hike, and inject $500m into non-life unit

Consumer Watchdog dubs State Farm's rate hike bid a "backroom bailout"

Consumer advocates, State Farm and Ricardo Lara met yesterday

State Farm General says it "would be insolvent" without reinsurance for LA fires

SFG meets California's Insurance Commissioner today to request 22% rate hike

State Farm "very disappointed" Ricardo Lara has not approved 22% home rate hike

California's insurance commissioner has demanded State Farm General further justify its request

State Farm petitions Ricardo Lara for "immediate emergency" 22% home policy rate hike

US insurer wrote to California's Insurance Commissioner yesterday

California issues reinsurance regulation to address wildfire risk

Measure is final step in reform package to expand insurance coverage across California

California's coverage crisis rules leave loopholes for insurers to exploit

California introduces changes to FAIR plan to remove "negative feedback loop"

Fire insurer-of-last-resort introduces high-value commercial coverage option