OaklandEnglish • 5 months ago

State Farm Threatens to Abandon California If They Can't Raise Prices: 52% For Renters, 30% For Homeowners

www.ibtimes.co.uk

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State Farm Threatens to Abandon California If They Can't Raise Prices: 52% For Renters, 30% For Homeowners

www.ibtimes.co.uk

OaklandEnglish • 5 months ago

6

High inflation and rising California fires have led State Farm to propose homeowners insurance rate hikes. At the same time, many insurers remain hesitant to return to the state due to rapid climate change.

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@9tr6gyp3
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21•5 months ago
Time to nationalize insurance. Or only allow non-profit insurance companies within the state.

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