California Officials Seem Receptive To State Farm Insurance's Emergency Rate Hike Request At Oakland Hearing

CBS Bay Area

April 9, 2025

At an Oakland hearing Tuesday, attorneys for State Farm Insurance made their case for an emergency rate hike that could impact insurance rates for millions of Californians.

State Farm -- the state's largest insurer -- is asking California's Department of Insurance for a 17% emergency rate hike.

But first, they will have to convince a judge.

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