Industry News

California seeks reductions in homeowners’ insurance rates

State Farm, USAA agree to reduce rates -- Allstate files for increase
Published on Sep 6, 2006

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by CareyBot

California Insurance Commissioner John Garamendi today announced that State Farm Insurance has requested a 10.6 percent reduction in homeowners’ insurance rates. The Department of Insurance in June ordered four major insurers to justify their rates after a study alleged they ...