California regulator may allow State Farm to hike home insurance premiums by 22% for a million customers after devastating wildfires

By / / Business / 1 minute of reading


California’s top insurance regulator on Friday said he would approve an emergency request by State Farm to raise premiums 22% on home insurance for about a million customers if the insurance giant could justify the hike at a public hearing.

Jeff Gritchen/MediaNews Group/Orange County Register via Getty Images



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About The Author

Avatar of Cathy Owens
As a journalist, Cathy Owens has always been interested in writing about the business world. She aims to keep her readers up-to-date on current events and trends in the business world, without sacrificing the journalistic integrity that made her want to be a writer in the first place.

California regulator may allow State Farm to hike home insurance premiums by 22% for a million customers after devastating wildfires

By / / Business / 1 minute of reading


California’s top insurance regulator on Friday said he would approve an emergency request by State Farm to raise premiums 22% on home insurance for about a million customers if the insurance giant could justify the hike at a public hearing.

Jeff Gritchen/MediaNews Group/Orange County Register via Getty Images



Source link

About The Author

Avatar of Cathy Owens
As a journalist, Cathy Owens has always been interested in writing about the business world. She aims to keep her readers up-to-date on current events and trends in the business world, without sacrificing the journalistic integrity that made her want to be a writer in the first place.

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