The freeze did not spare current prospects from price motion. In 2024, Allstate secured a roughly 34% common price enhance for its California guide – the steepest single accredited hike among the many state’s main insurers in latest reminiscence, affecting greater than 350,000 insurance policies. That enhance, layered on high of the new-business pause, made Allstate a frequent instance cited by client advocates of carriers extracting increased charges whereas limiting the market’s availability.
