Asking for an unnecessary bailout to the tune of millions of dollars from California homeowners will be my tipping point as a ...

California Insurance Commissioner Ricardo Lara announced Friday he has "provisionally" approved State Farm's rate hike of 22% ...

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

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

California's top insurance regulator on Friday said he would approve an emergency request by State Farm to raise premiums 22% ...

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 said Friday he will grant State Farm’s request to raise home insurance ...

California Insurance Commissioner Ricardo Lara provisionally approved State Farm’s request for a 22% property insurance rate ...

It’s unclear how much premiums could go up in the Bay Area or which parts of the region would see the largest rate hikes.

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.