California has approved a 17% increase for State Farm’s homeowners policies. CBS News reports the rate increase is lower than the insurer’s request for a 21.8% hike. California Insurance Commissioner Ricardo Lara announced the rate hike after administrative...
An unlikely speaker at a real estate conference, an unlikely subject for a new museum and unlikely behavior by a mortgage industry CEO. From the wild and wooly world of real estate, here are our Hits and Misses for the Week of March 31-April 4. Miss: A Blunder Down...
The typical homeowner’s annual insurance premium recorded an average increase of 24% from 2021 to 2024, according to a new report from the Consumer Federation of America. In comparison, the cumulative inflation increase over the same period was 13%. “From 2021 to 2024...
California Insurance Commissioner Ricardo Lara has provisionally approved a request by State Farm for a 22% emergency interim rate increase in homeowners insurance following the vast devastation created by the Los Angeles County wildfires. In a statement, Lara...
Atlanta-headquartered Beazer Homes (NYSE: BZH) has launched Charity Home Insurance Agency, a wholly owned company that pledges to donate 100% of its net profits to charity. Beazer Homes is partnering with Westwood Insurance Agency to power Charity Home Insurance...