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CA Insurance Commissioner demands State Farm justify rate hike request in public meeting

CALIFORNIA (FOX26) — California Insurance Commissioner Ricardo Lara announced on Friday, he would approve State Farm's emergency request to raise home insurance rates on one condition.He says the insurance giant will need to show data to prove there is a need for an...

‘The ability to afford where we live is decreasing rapidly’

Data from the National Interagency Fire Center shows that the extent of area burned by wildfires in the U.S. appears to have increased since the 1980s, per the U.S. Environmental Protection Agency. As wildfire damage becomes more rampant in the wake of human-induced extreme...

Mariposa Library Hosts Virtual Talk on the Property Insurance Crisis with CalMatters Economy Reporter on Thursday, March 27, 2025

Details Last Updated: Sunday, 16 March 2025 03:30 Published: Sunday, 16 March 2025 06:29 March 16, 2025 – Mariposa County Library officials announce they are hosting a broadcast about an important event focused on the California property insurance crisis.  This virtual event will be held in the...

California Homeowners Face Major Rate Hike: ‘Unprecedented’

The California Department of Insurance on Friday announced it had provisionally approved an emergency request by State Farm, the state's largest single insurer, to raise its home insurance premiums by 22 percent provided the company can "justify it with data in a public...

Property insurance prices not down, but options for coverage increase

CEO: Florida homeowners insurer Citizens seeing price pressure easeState's insurer of last resort, Citizens, successful in reducing its exposure, CEO Tim Cerio saysCitizens Property Insurance Corp., the state-backed insurer of last resort, has seen a significant reduction in policyholders, particularly in South Florida.Legislative...

Suspect denied bail, home insurance rate hike, Great Highway permanently closes – NBC Bay Area

In the news: Suspect denied bail, home insurance rate hike, Great Highway permanently closes – NBC Bay Area Skip to content Close Menu Contact Us Source link