KABC-LA (ABC) – Los Angeles, CA: Allstate and State Farms Profits Are Four Times the National Average
Harvey Rosenfield says Insurance Commissioner Ricardo Lara needs to step in and enforce the law.
KCAL-LA – Los Angeles, CA: Allstate & State Farm Are Requesting Massive Rate Hikes
Even without issuing new policies a farm and Allstate are asking the state's insurance commissioner for massive rate hikes, 28% for State Farm and 40% for Allstate.
Consumer Watchdog Calls on Insurance Commissioner Lara To Issue Refund Rules In Response to CA Supreme Court
Los Angeles, CA -- The California Supreme Court has refused to review a lower court ruling that stripped the Insurance Commissioner of critical powers granted by California voters to protect against excessive insurance rates. In a challenge to State...
State Farm $100 Million Refund – Supreme Court Issues Ruling
By Lyle Adriano, INSURANCE BUSINESS AMERICA February 14, 2022 https://www.insurancebusinessmag.com/us/news/breaking-news/state-farm-100-million-refund--supreme-court-issues-ruling-325368.aspx The Supreme Court of California has ruled that State Farm does not have to refund homeowners $100 million, after it denied appeals from both the state insurance commissioner and a consumer advocate group. In...
State Farm Doesn’t Have To Refund $100 Million To Homeowners, State Supreme Court Rules
By Bob Egelko, SAN FRANCISCO CHRONICLE February 9, 2022 https://www.sfchronicle.com/bayarea/article/State-Farm-doesn-t-have-to-refund-100-million-16846195.php State Farm Insurance will not have to refund $100 million to homeowners after the state Supreme Court denied appeals Wednesday by California's insurance commissioner and a consumer organization, which both contended...
Court: State Farm Needn’t Pay Refunds Ordered In 2016
By Bob Egelko, SAN FRANCISCO CHRONICLE November 3, 2021 A state appeals court says California's insurance commissioner wrongly ordered State Farm to cut homeowners' rates by 7% in 2016 and should not have told the company to pay $100 million...
Consumers Win Prop 103 Transparency Battle With State Farm Insurance
A California court has rejected a request by State Farm, the nation’s largest insurance company, to conceal the financial arrangements between its $168 billion parent company, based in Bloomington, Indiana, and its California subsidiary, which sells homeowners insurance...
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