During a public hearing on Tuesday, State Farm said rate hikes are needed to shore up its assets and stability.
Farmers Insurance Group, California’s second-largest home insurance company, is seeking a rate hike amid plans to lift a cap on the number of new homeowner polices it writes each month in the state.
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California's widening insurance crisis as insurers exit
If you likely had that knot in your stomach, as of lately, when you tried to purchase or renew homeowners insurance in ...
WE BEGIN WITH BREAKING NEWS. THAT BREAKING NEWS. POTENTIAL RELIEF TO THE STATE’S INSURANCE CRISIS. GOVERNOR GAVIN NEWSOM SAYS SOME OF THE INSURERS WHO LEFT OR LIMITED COVERAGE IN THE STATE OVER RISING ...
This is read by an automated voice. Please report any issues or inconsistencies here. The California FAIR Plan, the state’s home insurer of last resort, is seeking an average 35.8% rate hike, its ...
The FAIR Plan, California’s last-resort insurance program for homeowners needing fire coverage, is seeking approval for steep rate hikes averaging 35.8%, though some policyholders could actually see ...
California wildfires were the costliest natural disaster in U.S. history and the results have a Florida insurer researching ...
One in eight homeowners in California might experience a spike in their insurance rates due to planned increases by two companies. Mercury Insurance is the state's third-largest provider of home ...
Insurance.com reports that home insurance rates are rising due to climate change, inflation, and legal challenges, causing homeowner frustration.
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