Nonprofit & Nonpartisan News
Regulator stops big California home insurance price hike

Big homeowner rate hike from State Farm shot down by California regulator

Insurance Commissioner Ricardo Lara, dressed in a navy blue suit, speaks while holding a microphone, gesturing with their hands to emphasize a point. The backdrop prominently displays the "CALMATTERS" logo. The scene is moderated discussion, with a small audience in the foreground.

In the wake of the Los Angeles fires, State Farm asked for an “emergency” premium increase of 22% on average for California homeowners. Lara today denied the request pending more information.

CalMatters