CA approves 22% rate hike for state’s top property insurer
California Insurance Commissioner Ricardo Lara provisionally 22% property insurance rate hike, citing a need to stabilize the insurance...
Stories tagged with: insurer
California fire insurer of last resort to be bailed out by assessments on other insurers
California's state-supervised fire insurance provider of last resort received
CA’s largest property insurer demanding 22% rate hike after wildfires
State Farm, California’s largest property insurer, is demanding a 22% emergency rate hike after the Southern California fires, saying that over the last years it has paid out...
Blazes could break California’s last-resort insurer; plans may not cover all damage
California’s fire insurer of last resort has long been on the brink of insolvency. Not only could FAIR customers — in the absence of a government bailout —...
