Allstate is proposing a substantial increase in homeowners’ insurance rates, aiming for an average hike of 34.1%. If the request is approved, …
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Business
State Farm Reverses Decision on Homeowners’ Policies with Conditional Coverage
by Sonia Parkby Sonia ParkState Farm Insurance announces a reversal of its earlier decision and will continue to honor some homeowners’ policies in California, but with …
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Business
California Insurance Commissioner Responds to State Farm’s Policy Cancellations
by Sonia Parkby Sonia ParkCalifornia’s Insurance Commissioner Ricardo Lara has issued a response following State Farm’s decision to not renew 72,000 homeowner’s policies in the state. …