On May 27, 2023, State Farm General Insurance Company became the second major insurer in the past year to stop accepting new applications for property insurance, including personal and business lines. Allstate made the same decision to stop selling new home...
After our recent series of articles on changes in the Homeowner Insurance market (see below), we received several questions that we wanted to address. Homeowner Insurance- What’s up…Besides Your Rates? Homeowner Insurance Rates Increase – What Now? California Fair...
The homeowner insurance market in California is very challenging. Rates are increasing, policies are being canceled, insurance companies are declining to write new policies in several areas, and things seem to be getting worse. Why is this happening? There are...