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An administrative law judge at the California Department of Insurance ordered State Farm to issue refunds and reduce rates after being found guilty of overcharging customers by $85 million. [103] The judge concluded that State Farm's premiums for homeowners insurance have been excessively high since July 15, 2015. [104]
NAMIC is the largest and most diverse property/casualty trade association in the country, with 1,400 regional and local mutual insurance member companies serving more than 135 million auto, home, and business policyholders and writing in excess of $196 billion in annual premiums.
Root Insurance was founded in March 2015 by Alex Timm and Dan Manges. In 2021, Manges co-founder retired as CTO but remained a consultant to the company through December 2021. In August 2021, Root announced a partnership deal with Carvana to develop personalized auto insurance for Carvana's car-buying platform. This was Root Insurance's first ...
The Pasadena Jewish Temple & Center burns during the Eaton fire in Pasadena, CA, on Jan. 7, 2025. A ferocious wildfire in a Los Angeles suburb devoured buildings and sparked panicked evacuations ...
WASHINGTON (Reuters) -The U.S. Supreme Court agreed on Friday to decide the legality of a key component of the Affordable Care Act that effectively gives a task force established under the ...
Let’s face it: Most Americans have no clue how good they’ve got it when it comes to ease and convenience. What might seem like everyday necessities for us are actually considered luxuries that ...
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