News
Some State Farm customers could see refunds while homeowner rate hikes stay put
14+ hour, 1+ min ago (360+ words) The Los Angeles County fires last year drove up insurance costs for many Californians. Now, a proposed settlement means some State Farm policyholders whose premiums rose won't see additional increases, and others should even get refunds. State Farm, the largest…...
State Farm can hike rates on California homeowners — if it pauses cancellations and proves need
11+ mon, 3+ week ago (409+ words) California Insurance Commissioner Ricardo Lara said today he will grant State Farm's request to raise home insurance premiums by 22% on average if the company agrees to certain conditions " and wins approval at a public rate hearing next month." Lara said…...