Allstate has received approval to raise its California homeowners insurance premiums by an average of 34% starting in November — the largest rate increase this year amid the state’s insurance crisis.

LOS ANGELES (KABC) -- California's Department of Insurance has approved Allstate's request for the largest rate increase in the state -- more than any major insurer in the past three years. According ...

Allstate, one of the nation's largest insurance companies, has joined State Farm in deciding to halt sales of property and casualty coverage to new customers in California, saying it's too pricey to ...

Main takeaway: Allstate delivered strong operational execution in Q2 2024, resulting in a significant turnaround from a net loss in the prior year quarter. This improvement was driven by higher ...