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Allstate Requests Rate Hike on Louisiana Homeowners Policies

Allstate Corp., the second-largest home insurer in Louisiana, has asked for an insurance rate increase for 144,000 homeowners who get their coverage from two of the corporations local subsidiaries. According to the Louisiana state insurance department, Allstate wants an average increase of 5.9 percent for 73,000 homeowners with policies from Allstate Indemnity Co, and an […]

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State Farm Requesting Changes on Texas Homeowners Coverage

Stae Farm Insurance filed a notice requesting a rate hike averaging 10 percent across the state in Texas homeowners insurance rates, but company officials were quick to announce that with new and larger discounts, homeowners are likely to see effective increases of only 1.4 percent. Earlier this week, the Dallas Morning News also reported another […]

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Rate Watch: State Farm Requests 27.7% Rate Hike in Florida

The Florida Office of Insurance Regulation will be holding a public hearing on February 15th. Why? To discuss the latest rate filing from State Farm, which company is requesting an average increase of 27.7 percent statewide in homeowners insurance rates. The reason, they say, is to offset the rising costs of sinkhole claims. The request […]

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California Insurance Commissioner Asks Blue Shield to Delay Rate Increase

California Insurance Commissioner Dave Jones has asked Blue Shield of California to hold off on its next round of substantial premium increases that would affect tens of thousands of individual health insurance policyholders in the Golden State. Once that rate increase goes through, some of those customers could see health insurance rates increase up as […]

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Insurance Costs Less in Ohio

A bunch of my friends from places like California and Texas have recently relocated to various cities in Ohio. Being someone who has fulfilled her obligations to the winter weather several times over, it’s been difficult for me to comprehend why anyone would want to move there. Apparently, insurance costs a lot less there. Specifically, […]

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Allstate Cuts Renters Insurance Premiums in California

The Insurance Journal reported yesterday that Allstate Insurance Co. will be reducing the price of renters insurance coverage 19.6 percent across the state of California. In addition, condo policies in the Golden State will be reduced by 6 percent. The rate changes are effective immediately. Allstate said that the rate cuts were sparked by favorable […]

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