State Farm Seeks Enormous Rate Increases in California to Prevent Insolvency | KQED

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State Farm Seeks Enormous Rate Increases in California to Prevent Insolvency | KQED

www.kqed.org

@Brkdncr to

News • 8 months ago

cross-posted to:
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The company’s financial stability is in doubt after it requested to raise homeowners insurance rates by 30% and renters insurance by 52%.

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@BrkdncrOP
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8•8 months ago
Sounds like they paid out for recent claims and don’t want to play anymore.

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