Nationwide Insurance recently requested a 71% rate hike, citing higher re-insurance costs to cover major catastrophies. State Farm recently requested a 79% hike, but now says that won’t be enough and has withdrawn the offer.
Nationwide Insurance recently requested a 71% rate hike, citing higher re-insurance costs to cover major catastrophies. State Farm recently requested a 79% hike, but now says that won’t be enough and has withdrawn the offer.