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State Farm seeks an emergency insurance rate increase
State Farm seeks an emergency insurance rate increase after LA wildfires. It’s the latest blow to California’s housing market
State Farm General, California’s largest insurance provider, has requested an emergency interim rate hike averaging 22% for homeowners from state officials on Monday, citing a “dire” financial situation after destructive Los Angeles wildfires last month.
California Homeowners Hit With Sudden 22 Percent Insurance Rate Increase
As the Golden State faces increasing levels of environmental disasters and wildfires, many insurance companies have raised rates on homeowners.
State Farm asks for approval to increase California home insurance rates by an average of 22%
Citing the "dire" financial situation they're facing after the Los Angeles wildfires, State Farm General has asked California officials for an emergency interim rate increase. The rate hike could work out to an average increase of 22% for California homeowners, State Farm General revealed Monday.
Hanover Insurance, Q4
Hanover Insurance: Q4 Earnings Snapshot
The Hanover Insurance Group Inc. (THG) on Tuesday reported fourth-quarter earnings of $167.9 million. The Worcester, Massachusetts-based company said it had net income of $4.59 per share. Earnings, adjusted for one-time gains and costs,
The Hanover Insurance Group Q4 Profit Decreases, Misses Estimates
The Hanover Insurance Group (THG) revealed earnings for fourth quarter that decreased from last year and missed the Street
Hanover Insurance Group beats Q4 expectations, shares edge lower
WORCESTER, Mass. - Hanover Insurance Group (NYSE:THG) reported fourth quarter earnings that significantly exceeded analyst estimates, driven by strong underwriting results and higher investment income.
4h
Insurance broker WTW beats fourth-quarter profit estimates on robust product demand
Insurance broker Willis Towers Watson beat Wall Street estimates for fourth-quarter profit on Tuesday, driven by a strong ...
10h
on MSN
Health Insurance Premiums Could Skyrocket in Pennsylvania
The state's health insurance marketplace said those earning between $21,870 to $29,160 could see their costs rise by 117 ...
3h
How to deal with fresh health insurance deductibles in the new year
For emergency care, make sure a bill complies with the No Surprises Act. That law requires that patients receive in-network ...
13h
on MSN
Insurance Bad Faith After Natural Disasters: What to Know
Understanding the basics of insurance claims after catastrophic losses is important, especially if you encounter insurance ...
ConsumerAffairs
1d
Car insurance rates rising as much as 10% in states in 2025, research says
Car insurance rates are rising again in 2025 and some states are worse off.The yearly cost for full-coverage auto insurance ...
1d
on MSN
Who gets to rebuild? Los Angeles fires expose the weakness of U.S. home insurance.
While there has been a growing crisis in insurance for years, the scale and scope of the Los Angeles wildfires brings the ...
1d
Tracking Los Angeles Wildfire Insurance Payments: More Than $4 Billion in Claims Paid Out to Victims
California's insurance authority has launched an online tracking tool that shows how much money has been paid out in claims ...
3d
Florida Homeowners Receive Welcome Insurance News
This year could bring positive changes to the state's property insurance market, which has faced limited availability and skyrocketing premiums.
Opinion
2d
on MSN
Opinion
Home insurance is going up again in NC, but lawmakers can help slow the spike. | Opinion
Laucher, a former chief deputy commissioner for the California Department of Insurance, said the way to curb a relentless ...
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