News

Key approvals underway at the California Department of Insurance will clear the way for major insurers to request rate hikes.
The company plans to offer California homeowners an option to buy more affordable insurance coverage in wildfire-distressed ...
California regulators are going after the FAIR Plan over systematic denials of smoke damage claims, which critics say is ...
Millions of Californians in fire-risk areas have lost property insurance through non-renewals, and cost of an average premium ...
Affordability remains a top concern, with climate events, deductibles and aging roofs all playing a role in shaping the ...
State Farm seeks to boost California home insurance rate hike to 30%A week after winning emergency approval to raise Californians’ home insurance premiums, State Farm is seeking to boost that ...
CheapInsurance.com reports that rising homeowners insurance rates result from natural disasters, inflation, and climate change, impacting affordability nationwide.
Prop. 103 also provided that “public intervenors” could file objections to proposed rate increases on behalf of consumers (and recover fees from the applicant insurance company for their efforts).
As of March 2025, the FAIR Plan's total policies in force is 573,739—a 23 percent increase since September 2024, and a 139 percent increase since September 2021. What To Know ...
Illinois homeowners face a 27% rate hike from State Farm as the insurer cites unsustainable losses. The rate increase is ...
A recent administrative law judge’s decision paved the way for State Farm to significantly increase homeowners’ insurance rates in California — the state’s first-ever emergency rate hike ...
A recent administrative law judge’s decision paved the way for State Farm to significantly increase homeowners insurance rates in California—the state’s first-ever emergency rate hike—and that might ...