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...
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...
In the wake of the ongoing wildfires crisis, State Farm has temporarily halted its homeowner non-renewal policies in Los Angeles County. USA Today reports this reversal of corporate strategy will only apply to residents whose policies had not lapsed by Jan. 7, when...
New leaders for the FHFA and HUD, the status quo at the CFPB and State Farm staying out of the TV spotlight. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Jan. 13-17. Hit: The Right Man for the Job. Perhaps the most...
State Farm General Insurance Co. announced it will not be renewing 72,000 property insurance policies in California. In a statement on its website, the Bloomington, Illinois-headquartered carrier stated it “had to make some difficult but necessary decisions that will...
xAI-Linked Company Reportedly Targets 418 Mississippi Homes Amid Noise Laws…
