California Insurance Commissioner Ricardo Lara does not plan on taking any action against State Farm after the insurance giant announced it was no longer accepting applications for new home insurance policies last month. "Absolutely not," Lara told KCRA...
Key takeaways Soaring revenue and in-force premium, high customer retention and solid customer growth, diminishing losses and the potential for generative AI to automate more processes and improve profitability - it's clear to see...
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Will Self-Driving Cars Reduce or Increase the Cost of Auto Insurance?
To better understand the potential impact of self-driving cars on auto insurance costs, we sought predictions from industry professionals, including Chief Operating Officers, Directors, and Business Development Managers....
The company said Monday that it is monitoring the California insurance marketplace and wants to improve the availability of property insurance in ...
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Allstate has joined State Farm in pausing its sales of new home insurance policies in California due to wildfires and higher costs of doing business in the state, the insurance company said."The cost to insure new home customers...