Not So Fast: State Farm Didn't Prove Its Case for Rate Hike, CDI Says
California Insurance Commissioner Ricardo Lara did not approve an emergency, interim 22 percent rate request from State Farm, instead calling a meeting with the carrier to get some answers about the carrier' s financial situation and more. State Farm General earlier this month asked the California Department of Insurance to immediately approve interim…
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Big homeowner rate hike from State Farm shot down by California regulator
CALIFORNIA State Farm rate hike rejected
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