JoeBoonie on Nostr: State Farm in CA sent a four-page letter to the California Department of Insurance ...

State Farm in CA sent a four-page letter to the California Department of Insurance pleading with regulators to allow an average rate increase of 22% for homeowners. Unfortunately that won't be enough and they will probably raise rates nationwide to help offset losses in CA.

#insurance
#StateFarm
#News

https://www.dailymail.co.uk/news/article-14356241/state-farm-california-home-insurer-seeks-la-fires-bailout.html