California residents may see their home insurance costs increase after the state approved rate increases for two major ...
During a public hearing on Tuesday, State Farm said rate hikes are needed to shore up its assets and stability.
Insurance.com reports that home insurance rates are rising due to climate change, inflation, and legal challenges, causing ...
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 faces third-highest car insurance rate hike
California drivers are facing a 6.13% car insurance rate hike, the third-highest in the U.S., despite a national decline.
This year the insurance chief is working on legislation to expand FAIR Plan options while at the same time reducing its ...
The rate hikes are part of the California Department of Insurance's Sustainable Insurance Strategy, which aims to stabilize the state's stressed insurance market.
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