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2. Gov. Newsom seeks faster review of insurance rate hikes ... - AOL

   www.aol.com/news/gov-newsom-seeks-faster-review...

   Those circumstances include requests for rate increases exceeding 7% for homeowners insurance, which allow consumers to seek a hearing, or the commissioner’s own decision to conduct a hearing ...

3. As climate risks mount, U.S. homeowners face soaring ... - AOL

   www.aol.com/climate-risks-mount-u-homeowners...

   The average homeowners insurance premium jumped 33% from 2020 to 2023, rising from $1,902 per year to $2,530, according to 2024 research from economists at the University of Pennsylvania's Wharton ...

4. Travelers is the latest California insurer to raise rates ...

   www.aol.com/news/travelers-latest-california...

   May 10, 2024 at 6:00 AM. ... is set to increase its rates by an average of 15%, the latest in a string of rate increases and policy limitations that major insurers say is caused by wildfire risks ...

5. State Farm seeks rate hikes in California to offset wildfire ...

   www.aol.com/news/state-farm-seeks-rate-hikes...

   The insurance regulator will investigate these rate-increase applications, a spokesperson told Reuters in an email. State Farm insures 250,000 homes and 880,000 automobiles in Los Angeles County ...

6. The three reasons home-insurance bills are only getting worse

   www.aol.com/news/three-reasons-home-insurance...

   In 2023, home insurance rates around the county spiked by an average of 11.3 percent, with homeowners in Arizona, Texas, and Utah seeing increases of more than 20 percent in some cases, according ...

7. Home Insurance Rates Are Rising — See Where Your ... - AOL

   www.aol.com/finance/home-insurance-rates-rising...

   If you own a home, you have a homeowners insurance policy to go with it. Your insurance policy covers structural damage to your house and belongings and can protect you from lawsuits if a visitor...