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Allstate is seeking to raise its California homeowners insurance premiums by an average of 34% — which would be the largest rate increase this year amid the state’s insurance crisis.
Allstate, one of California’s largest home insurers, is asking to raise its homeowners insurance rates by an average of 34.1% later this year. If regulators approve the filing without changes, ...
SAN DIEGO — In a matter of months, most California homeowners insured through Allstate can expect a huge increase in their premiums. The state's insurance commissioner has just approved a 34.1% ...
Allstate Corp., the largest home insurer in the United States, said this week it would no longer write new homeowner policies in California, marking another reduction in its property coverage ...
The company's share of the California homeowners market stood at 5.8% at the end of 2023, down significantly from 12.6% 15 years ago, according to Allstate.
A recent administrative law judge’s decision paved the way for State Farm to significantly increase homeowners’ insurance rates in California — the state’s first-ever emergency rate hike — ...
For context, Allstate’s estimated catastrophe losses for the January–February period were initially projected at $1.07 billion, before being revised upward to $1.17 billion. When combined with the ...