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State Farm's request for 22% rate hike in California approved
California insurance regulators on Friday granted an emergency request from State Farm to raise premiums by 22%, but there are conditions.
California insurance commissioner OKs State Farm rate hike, pending vote
State Farm made its request following years of losses and huge damage claims it has received following the Jan. 7 fires.
Tinder Date Gone Wrong: State Farm Exec Fired After Saying Premium Hikes Following California Fires Were 'Kind Of' Orchestrated
State Farm General had filed for an 22% rate hike for its homeowner policies, citing the wildfires and a £3.86 billion drop ...