Allstate Corp. got the go-ahead from state regulators May 2 to make increases in both auto and homeowner insurance rates, according to the Los Angeles Times. California’s third largest insurer had requested a homeowner increase of 22.3 percent, getting the nod for an 18.5 percent increase. On the auto side, Allstate requested an increase of 20.1 percent, and was given approval for an 8.9 percent jump in rates. Allstate’s new rates will go into effect later this month.
Topics Pricing Trends
Was this article valuable?
Here are more articles you may enjoy.
Florida’s Unemployment Rate Is Surging Even as High-Profile Companies Move In 
NAIC Victim of Cyber Incident Via PeopleSoft System 
A Super Yacht Armada Came to Miami, Leaving a Marine Graveyard in Its Wake 
Big I: Independent Agencies’ Market Share Up Slightly in 2025 From This Issue
