Browsing: rate increase

Eight commercial health insurers in Massachusetts have proposed an average rate increase of 13.4% for 2026, following lower increases in previous years.

California Insurance Commissioner Ricardo Lara has approved State Farm General Insurance Co.’s request for an emergency rate increase for property insurance.

California Insurance Commissioner Ricardo Lara has provisionally approved State Farm’s request for an emergency interim rate increase, subject to a public hearing where the company must justify the increase with supporting data.

California’s insurance commissioner will meet with State Farm to discuss the company’s request for a substantial emergency rate increase to cover wildfire costs.