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

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

  • Onomatopoeia@lemmy.cafeEnglish
    3·
    6 days 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.