Page 24 - Rate Increases News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Inflation may be moderating, but home and auto insurance premiums are still going through the roof in Illinois, with double-digit rate increases baked into this year’s bills and no relief in sight. Allstate is hiking homeowners insurance rates by 12.7% this week, while State Farm is planning a 12.3% increase in May, according to separate state filings by both Illinois-based companies. ...

Allstate customers in the Golden State will have to pay more to insure their vehicles with the company. Company officials announced that California drivers would have to pay 30% more for vehicle insurance coverage, on average. The rate hike was approved in December, officials said during an earnings call. “This auto insurance rate approval allows […]

American Water said it has no plans to increase rates before 2025, as agreed to when the company bought the York City sewage treatment plant.

Move aimed at improving margins and keeping pace with increases in loss costs

Significant Recovery Noted as Net Income and Premiums Earned Surge