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Insurance commissioner 'provisionally' grants State Farm's 22% rate hike

California Insurance Commissioner Ricardo Lara decided Friday to provisionally grant State Farm General's request for a 22% hike in its homeowner insurance rates pending a formal rate hearing next month.

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Mar 14, 2025 - 10:15
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Insurance commissioner 'provisionally' grants State Farm's 22% rate hike

California Insurance Commissioner Ricardo Lara decided Friday to provisionally grant State Farm General's request for a 22% hike in its homeowner insurance rates pending a formal rate hearing next month.

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