State Farm has overcharged its customers roughly $78 million since at least July 2015, and should be required to refund that money, Consumer Watchdog told the California Department of Insurance last week. The group wants State Farm to cut its …
California Insurance Commissioner Dave Jones has reached an agreement with Allstate Insurance Co. and Allstate Indemnity Insurance to reduce the carrier’s homeowner insurance rates statewide by an average of 12.6 percent. The average annual decrease is roughly $230. The rate …
The rate used to calculate workers’ compensation insurance premiums has dropped again, a direct result of reforms Gov. Pat Quinn signed into law in 2011, his aides said. The National Council on Compensation Insurance, a rating agency, issued a rate …
The California Department of Insurance (CDI) is reducing rates for the California Low Cost Auto Insurance Program (CLCA) for the second year in a row. With annual premiums starting between $226 and $338, the program helps income-eligible good drivers afford …
California Insurance Commissioner Dave Jones and Robert Bouttier, CEO of the Automobile Club of Southern California, announced a rate reduction for Auto Club policyholders in California totaling $70 million. The reduction represents a decrease of 4.1 percent. It is effective …
The Ohio Bureau of Workers’ Compensation (BWC) has proposed a 2.1 percent base-rate reduction for private employers. The recommendation to its board of directors would reduce employer premiums by $29 million for the July 1, 2014, policy year, the BWC …
California Insurance Commissioner Dave Jones issued a decision providing for an 8.18 percent rate reduction in homeowners insurance by Mercury Casualty Co., and then slammed the carrier for filing suit challenging the decision. Jones’ action comes after a public hearing …
An average of a 12.6 percent insurance rate reductions is in store for California homeowners insured with State Farm General Insurance Co., according to an announcement from California Insurance Commissioner Dave Jones on Thursday. The reduction will result in an …
Insurance Commissioner Dave Jones on Thursday announced today a 35 percent rate reduction for lender-placed homeowner’s insurance coverage offered by QBE Insurance Corp. The rate reduction will result in an estimated $19.4 million savings to QBE policyholders, with an average …
