Tag: Rate Increase

Homeowners Insurance Rates Rising in Illinois: What You Need to Know

Explore the rise of homeowners insurance premiums in Illinois due to severe weather and construction costs. Learn about the impact on policyholders and regulations.

Allstate Homeowners Insurance Rate Increase in Illinois - February 2026

Allstate announces an 8.8% homeowners insurance rate increase in Illinois affecting 209,000 policyholders, amid rising repair costs and regulatory scrutiny.

North Carolina Requests 68% Increase in Dwelling Insurance Rates Over Two Years

North Carolina insurers seek a 68.3% average rise in dwelling insurance premiums across two years to address rising storm damage claims and construction cost inflation. Regulatory review underway.

North Carolina Approves 5% Average Auto Insurance Rate Increase for Fall 2024

North Carolina regulators approve a moderated 5% average increase in automobile insurance rates for fall 2024, significantly lower than the 23% initially requested by insurers. Key insights into state-level regulatory impact.

North Carolina Sets 5% Average Auto Insurance Rate Increase Effective Oct. 1

North Carolina announces a 5% average auto insurance premium increase starting October 1 after a regulatory settlement, with a notable 16.3% decrease in motorcycle liability insurance rates statewide.

North Carolina Auto Insurance Rates to Increase 5% from October 2025

North Carolina announces a 5% average auto insurance rate hike effective October 2025 under a settlement with the Rate Bureau. Insights on market impact and regulatory context.

State Farm Seeks Rate Increase After LA Wildfires

State Farm is requesting a 17% insurance rate increase following wildfires in Los Angeles, aiming to improve its financial condition amid a challenging insurance market in California.