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Fire and casualty insurers raise rates amid inflation
National fire and casualty insurers boosted auto and home insurance rates in early 1975, led by State Farm with auto rates up 8 percent nationally and home rates up 5 percent. Travelers and Allstate raised premiums. providers expect further increases as costs and profits lag.
MENTIONED IN THIS ARTICLE
Reginald Stuart
N.Y
United States
Allstate
Travelers Corporation
State Farm
Edward B. Rust
State Farm Mutual
Maryland
Delaware
Texas
Canada
John J. Byrne Jr
Travelers Group