Insurance Business America2d
Allstate expects $1.17B in catastrophe losses for first two months of 2025
Allstate Corp. reported an estimated $1.17 billion in pretax catastrophe losses for the first two months of 2025, with the ...
Crain's Chicago Business1d
Insurers are fleeing California. This Chicago upstart is running toward the fire.
CEO Sean Harper says high-risk areas provide an opportunity for the Chicago startup, one of the city's fastest growing ...
Insurers Fled California in Recent Years—Experts Say Their Return Depends On Homeowners
The long-term solution to California's insurance issue, experts say, is for communities to build and renovate homes to be more fire-resistant.
Insurance Business America5d
California approves State Farm’s 22% insurance rate hike with conditions
The California Department of Insurance has been under pressure to stabilize the market, introducing new rules that allow ...
CBS News19d
California Gov. Newsom mandates 4 in-office days per week for state workers beginning July 1
SACRAMENTO — California Gov. Gavin Newsom on Monday issued an executive order mandating all state workers to work in office at least four days a week beginning July 1, 2025. The new hybrid work ...
California insurance commissioner reconsidering State Farm rate hike
Ricardo Lara said he will look at information provided by State Farm before revisiting his previous decision to reject the ...
Reinsurance News2d
Allstate pegs catastrophe losses for February at $92m
U.S. primary insurer Allstate has estimated catastrophe losses for February 2025 at $92 million or $73 million, after-tax. Considering Allstate's January ...