Consumer Watchdog Reports Allstates 16M Homeowners Rate Hike Approved Despite Company Quietly Ending Sales of New Home Insurance in California

LOS ANGELES, June 13, 2023 /PRNewswire/ — Insurance Commissioner Ricardo Lara yesterday approved a 4%, $16 million, rate hike on Allstate home insurance policyholders, despite the fact that the company misled regulators at the Department of Insurance about ceasing new homeowners insurance sales in California. Allstate, the sixth largest home…Read More

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