22+ hour, 24+ min ago (333+ words) 24th November 2025 - Author: Saumya Jain - Farmers Insurance, the largest property casualty insurer headquartered in California, has decided to eliminate the cap on the number of homeowners insurance policies it offers in the state, including Farmers Smart Plan Home, Farmers Smart Plan Condominium, and Farmers Smart Plan Renters policies, effective immediately. This move is motivated by the firm's belief in an improved Californian homeowner insurance market, driven by the adoption of Insurance Commissioner Ricardo Lara's Sustainable Insurance Strategy. Farmers had continuously offered homeowners insurance to consumers in the state, which had been capped at 9,500 new policies per month. Additionally, Farmers has filed a new rating plan aligning with key elements of the Sustainable Insurance Strategy and is expected to add at least several thousand new policies in areas identified as distressed by the California Department of Insurance. To ensure a successful follow-through…...