Los Angeles Times

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

Insurance Commissioner Ricardo Lara adopted an administrative law judge’s ruling Tuesday and granted State Farm General an emergency 17% hike in its homeowner rates. The commissioner’s decision ...
Bloomberg L.P.

State Farm Sued Over Policies Backed by Distressed Insurer PHL

State Farm Mutual Automobile Insurance Co. faces a lawsuit accusing it of fraud and unjust enrichment for selling products from PHL Variable Insurance Co., which authorities say has a $2.2 billion ...
Los Angeles Times

State regulators launch inquiry into State Farm’s handling of fire claims

State Insurance Commissioner Ricardo Lara announced Thursday that his department is launching a formal inquiry into how State Farm General, California’s largest home insurer, is handling thousands of ...