State Farm to ‘seriously consider’ California options after Lara rate hike response
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State Farm to ‘seriously consider’ California options after Lara rate hike response

The insurer is seeking a 22% interim raise, but the request is currently on hold.

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State Farm said it “must seriously consider its options” for operating in California after the state’s insurance commissioner declined to immediately approve an interim emergency rate increase for the carrier.

The

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