State Farm seeks 22% rate hike for California homeowners to cover Los Angeles wildfire losses
State Farm, the largest insurance company in California, has asked state regulators to immediately approve a steep rate hike for homeowners to prevent a “dire situation” for its customers and the broader insurance market in the wake of the disastrous Los Angeles wildfires.
Gov. Ron DeSantis says Florida’s insurance market is seeing improvements, with more companies writing policies and increased ...
Native people already have the highest uninsured rate among homeowners. Changes in the industry could make it even worse.
Homeowners in Western North Carolina are expected to see a lower-than-expected base homeowners' insurance rate ...
Arizona led the U.S. for the biggest jump in home insurance rates between 2019 and mid-2024, when home insurance premium costs skyrocketed more than 62%, according to LendingTree. Many states are ...
State Farm argued the rate hikes are justified due to the high risks the company has underwritten, particularly after ...
Next-door neighbors lost their near-identical homes in a California wildfire, but how they are navigating rebuilding is a ...
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