State Farm Won't Renew Coverage For 72,000 Customers In California
The announcement comes after the company raised homeowner insurance rates by 20%.
Source: laist.com
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State Farm discontinuing 72,000 home policies in California
The Illinois-based company cited soaring costs, the increasing risk of catastrophes like wildfires and outdated regulations as reasons it won’t renew the policies.
Source: staradvertiser.com
He claims to have saved California homeowners billions. The insurance industry hates him
Insurance companies deride him. The state insurance commissioner calls him out. But Harvey Rosenfield and his organization, Consumer Watchdog, have saved Californians lots of money.
Source: latimes.com
Fight intensifies over delays in approving California auto, home insurance price hikes
Allstate wants to raise the average price of its home insurance policies by almost 40% for its California customers.
Source: appeal-democrat.com
Californians Cite Problems with FAIR Plan as More Forced into Last Resort for Fire Insurance
As the FAIR Plan writes more fire-insurance policies, homeowners complain about poor service, rising costs and threats of getting kicked off.
Source: timesofsandiego.com