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State Farm increasing home insurance rates for Illinois residents by 27%

Home insurance claims costs are exceeding premiums collected, leading to "unsustainable" losses, the company wrote. Home insurance rates are ... Source link

State Farm plans big insurance hike for Illinois homeowners – NBC Chicago

Homeowners in Illinois could soon see a large insurance rate increase under a recent filing in the state. State Farm revealed plans for a substantial rate hike due to what it said was an increase in catastrophic weather events. "Over the last several years,...

California debates new bill on public insurance adjusters

A lawmaker whose district includes communities damaged in the LA wildfires wants to protect insurance policyholders from public adjusters who he says overcharge. SACRAMENTO,...

Home insurance rates soaring in Arizona with other costs

PHOENIX — While rising home prices and mortgage rates have taken center stage over the last few years, insurance...