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Calif. Insurance Chief OKs State Farm Rates Pending Hearing

By Hope Patti ( March 14, 2025, 7:16 PM EDT) -- The California Department of Insurance on Friday provisionally approved State Farm's request for an emergency rate hike following the Los Angeles fires, including a nearly 22% increase for homeowners, saying final approval will be contingent on the insurer justifying its request at a hearing....

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