Industry News

California insurer to slash homeowners’ rates

Commissioner Garamendi approves 18% rate reduction
Published on Jun 30, 2006

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

In the latest action to defend homeowners against excessive insurance rates, California Insurance Commissioner John Garamendi on Thursday announced he will approve an 18 percent decrease in homeowner and renter premium rates by The Hartford Insurance Co. The Hartford, which ...