Insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of policies last year, adding to the state’s home-insurance crisis.
The news about Citizens, which offers coverage to Floridians unable to get policies from insurance firms, follows years of double-digit increases.
The model can be filed for rate segmentation and underwriting without additional review under the PRID process.
Allstate beat Q4 expectations with strong earnings and revenue growth. See why ALL stock is rated a hold due to concerns over auto exposure and capital returns.
Causey and the N.C. Rate Bureau earlier this month settled a long-running battle over homeowners insurance rates, agreeing to a 7.5% hike on average on June 1, 2025, and again in 2026. But Causey, ...
NJ regulators are approving huge rate hikes for auto insurance, again. Drivers are getting slammed with massive rate increases for the second time in two years. Eric Scott explains why this is ...
There’s a lot of blame to go around when it comes to California wildfires, high energy costs, climbing housing costs, and ...
The FTSE 100 index is poised for a quieter session after surging as far as 8767 and settling a record close of 8727.28 on ...
Fire-ravaged L.A. areas faced high non-renewal rates for home, fire insurance before disaster struck
Dropped from your home or fire insurance? See which Southern California zip codes have the highest non-renewal rates.
The Mercury News article provides a great reason for the government not to be in the insurance market. State Farm is forced to raise rates for everyone because California’s Fair (insurance) Plan only ...
Over the past few years, tens of thousands of Californians have faced the same shock. Major companies like State Farm and ...
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