Uber has kicked off a major digital advertising push to urge legal and insurance reforms in California, Georgia, Nevada, and New York, spotlighting the financial pressures faced by both rideshare drivers and passengers. The ridesharing giant is spending seven figures on this campaign, which features personal stories from drivers, aiming to shed light on how state-mandated insurance costs affect their bottom line. The Rising Cost of Rideshare Insurance in California One of the central arguments in Uber’s campaign is how disproportionate insurance costs are impacting both drivers and consumers in…
Read MoreDay: February 18, 2025
California Rejects State Farm’s Emergency 22% Home Insurance Rate Hike Request
California Insurance Commissioner Rejects Rate Hike Amid Consumer Concern California Insurance Commissioner Ricardo Lara has rejected a proposed 22% emergency rate hike for home insurance requested by State Farm General Insurance Company. The decision came after the company failed to provide evidence proving the increase was necessary and could not explain how the additional revenue would address its prior decisions to stop writing new policies in the state and not renew existing ones. Lara’s letter to State Farm underscored his commitment to protecting policyholders from unnecessary financial burdens while voicing…
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