State Farm General is seeking to dramatically increase residential insurance rates for millions of Californians, a move that would deepen the state’s ongoing crisis over housing coverage.
Tag: homeowners crisis
Insurance Crisis in Florida, Across the Nation, Gets National Spotlight
A rare national spotlight on one of the top concerns on the minds of Floridians. On Wednesday, the U.S. Senate Budget Committee debated the cause of the insurance crisis plaguing homeowners around the country.
U.S. Home Insurance Premiums May Hit a Record This Year, Report Warns
U.S. home insurance rates are expected to reach a record high this year, with the biggest increases occurring in states prone to severe weather events, according to a new analysis.