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California approves State Farm's request for double-digit insurance rate hike

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15 May 2025
The state of California approved State Farm's request for an emergency 17% increase in homeowners insurance rates as the company deals with financial challenges after the LA wildfires.

Orignial Source:

https://www.foxbusiness.com/economy/california-approves-state-farms-request-double-digit-insurance-rate-hike


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