Geico – California Globe

Allstate To Raise California’s Car Insurance Costs By 30%

February 15, 2024 12:57 pmFebruary 15, 2024 12:57 pm

Illinois-based insurance provider Allstate announced on Wednesday that car insurance prices in California would be going up by an average of 30%, becoming the latest such insurance company to significantly raise auto insurance rates in the state. Major insurance changes...

Not In Good Hands: Allstate Also Stops Accepting All New Home Insurance Applications in California

June 3, 2023 2:30 amJune 3, 2023 6:44 am

Allstate, one of the largest insurance companies in California revealed to the Department of Insurance on Friday that the company stopped accepting all new home insurance applications in California last year. Insurance companies have been on shaky ground in California...

Like A Good Neighbor, State Farm Isn’t There

May 27, 2023 2:30 amMay 27, 2023 4:50 pm

State Farm Insurance, the largest property and casualty insurance company in California, announced Friday they would no longer be accepting new applications for any kind of insurance other than personal vehicle insurance due to large increases in construction costs and...

Insurance Commissioner Must Act Now to Prevent Coverage Crisis

February 27, 2023 3:01 pmFebruary 27, 2023 3:12 pm

We’ve run a family-owned, independent insurance agency for more than 50 years. Those of us in the insurance business know that when customers come to us for insurance what they’re looking to buy is security. In the California market today,...

GEICO Closes All 38 Offices In California

August 2, 2022 2:30 amAugust 2, 2022 6:22 am

GEICO, one of the largest insurance companies in the United States, reportedly closed all 38 of it’s California offices on Monday, resulting in hundreds of workers being laid off. According to the company, GEICO would not be leaving outright, and...

California Orders Insurance Companies to Issue Refunds Over Coronavirus Concerns

April 13, 2020 4:11 pmApril 13, 2020 8:15 pm

On Monday, California Insurance Commissioner Ricardo Lara ordered all insurance companies operating in California to give either refunds or future credit on premiums paid during March and April due to a sharp decline of risk because of the effects of...