News
Fair Plan customers could see premiums rise an average of 30 percent
5+ hour, 29+ min ago (131+ words) Homeowners who get their insurance coverage through the state's Fair Plan could be in for sticker shock. The San Francisco Chronicle reports the insurance plan is looking to raise premiums by an average of nearly 30 percent in October. The fair…...
California says State Farm violated law in handling of insurance claims after LA wildfires
2+ week, 3+ day ago (234+ words) President Donald Trump participates in a Small Business Summit at the White House. by TRAN NGUYEN Associated Press Insurance Commissioner Ricardo Lara said Monday that State Farm violated the law hundreds of times. Lara launched the investigation last June after…...
California drivers see third-highest car insurance hike despite national decline
4+ mon, 1+ week ago (468+ words) FRESNO COUNTY, Calif. (FOX26) " Despite most of the country seeing premiums fall this year, California drivers are facing some of the highest rate increase in the country. That's according to a new national report. Tonight we talk to an insurance expert…...
Former CA insurance commissioner slams current regulator amid policy cancellations
5+ mon, 41+ min ago (471+ words) FRESNO, Calif. (FOX26) " A former California insurance commissioner, criticizing the current insurance regulator, Ricardo Lara. Wildfire survivors are still calling for change in the insurance industry. A new report claims insurance companies are canceling thousands of policies while still making a…...
Illinois Attorney General sues State Farm over homeowners insurance
7+ mon, 4+ day ago (486+ words) File -Attorney General Kwame Raoul filed a lawsuit against State Farm Fire and Casualty Insurance Company, State Farm Mutual Automobile Insurance Company, State Farm General Insurance Company, and Oglesby Reinsurance Company, accusing them of refusing to complywith a regulatory examination…...