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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
https://fortune.com/img-assets/wp-content/uploads/2025/03/GettyImages-2193635316.jpg?resize=1200,600
https://fortune.com/2025/03/14/california-regulator-may-allow-state-farm-to-hike-home-insurance-premiums-by-22-for-a-million-customers-after-devastating-wildfires/
The Associated Press, Trân Nguyễn
