California regulator mulls State Farm's request for 22% premium hike for homeowners after LA fires (www.independent.co.uk)

submitted 9 months ago by TacoButtPlug@sh.itjust.works to c/los_angeles@infosec.pub

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cross-posted from: https://lemmy.zip/post/34084346

California's top insurance regulator says he will approve an emergency request from State Farm to raise home insurance rates for roughly a million customers if the company can justify the hike at a public hearing

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[-] Onomatopoeia@lemmy.cafe 3 points 9 months ago* (last edited 9 months ago)

Lol, eff you. You gambled, you lost, now you want the state to back you on changing the deal.

I despise insurance agencies - they're the reason stuff costs so much to replace/rebuild.

this post was submitted on 21 Mar 2025

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