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News Story
2/8/2013
Posted by Mark Reback
Rates will fall an average of 12.6% statewide beginning April 15 State Farm, California's biggest homeowners' insurer, is dropping rates an average of 12.6% for more than 1 million policyholders in the state beginning April 15. Customers are expected to see average annual premiums cut by $100 this year. Rates are expected to fall 12.3% in...
News Release
2/7/2013
Posted by Doug Heller
Los Angeles, CA – Insurance Commissioner Dave Jones, State Farm and Consumer Watchdog jointly announced a $160 million rate cut for State Farm’s California homeowners insurance policyholders at a news conference today.  More than a million homeowners and approximately 250,000 renters throughout California will see their premiums...
Legal Update
1/29/2013
Posted by Laura Antonini
Mercury Insurance – the company that California regulators say “has a deserved reputation for abusing its customers and intentionally violating the law with arrogance and indifference” – is infamous for playing every angle in its effort to avoid accountability for cheating its customers. Mercury has spent tens of millions...