Tag: California homeowners
California Homeowners: State Farm Rate Hike Pause and Need Proof
California Homeowners Face Uncertain Future Amid State Farm Rate Hike PauseCalifornia Insurance Commissioner Ricardo Lara has made a groundbreaking decision to grant State Farm’s request for a 22% increase in home insurance premiums, under...
State Farm California Homeowners Rate Increase Policy Update
California Regulator Grants Conditional Approval to State Farm for Homeowners Rate IncreaseIn a groundbreaking move, California's Insurance Commissioner, Ricardo Lara, announced today that he would grant State Farm's request for a 22% average increase...
California homeowners to fund 50% of high-risk insurer’s $1B bailout
California Homeowners to Contribute to 50% of High-Risk Insurer's $1B BailoutThe devastation of the Eaton Fire in Altadena on Jan. 8, 2025, serves as a stark reminder of the ongoing wildfire crisis in Southern...