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Mercury Insurance CEO Gabriel Tirador reassured Californians that the company isn’t leaving the state after this year’s ...
State Farm is also requesting to raise rates by 36% for condos and 52% for renters. The California Department ... plan will be expected to write more policies in Marin, Napa and Santa Cruz ...
California insurer State Farm is asking regulators for another rate hike, less than a week after it was granted permission to temporarily charge an extra 17 percent for homeowners' insurance policies.
What do corn mazes, mushroom farms and professional athletes have in common? They all have the dubious honor of being considered too risky to insure under a State Farm policy that offers extra ...
State Farm is also requesting to raise rates by 36% for condos and 52% for renters. The California Department of Insurance said it will hold a public hearing in October to continue gathering ...
State Farm has argued the emergency rate hikes are necessary to help the company avoid a “dire” financial crisis that could force them to drop more California policies. The state’s largest ...
Following a judge's ruling Monday, State Farm customers ... % increase for homeowners policies, lower than State Farm's initial proposal of 21.8%. According to the California Department of ...
Insurance Commissioner Ricardo Lara will allow State Farm to raise its rates by an average of 17% for homeowners across California in ... are told that their policies will no longer be covered.
which could endanger the insurance policies of more than 1 million California homeowners. Granting State Farm the rate increases was in the best interest of the state’s consumers because it ...
May 13, 2025 State Farm will be allowed to temporarily charge an extra 17 percent for homeowners’ insurance policies in California, after the state gave the company permission, in the wake of ...