Tuesday, October 29, 2024

State Farm home insurance, is being accused of boosting the profits of its parent company at the expense of state policyholders — while claiming it's in financial distress and in need of a 30% rate hike.

 https://www.msn.com/en-us/money/news/state-farm-accused-of-funneling-excess-profits-to-parent-as-it-seeks-rate-hike/ar-AA1t4NPA

https://consumerwatchdog.org/in-the-news/ktla-la-cw-los-angeles-ca-state-farm-accused-of-funneling-excess-profits/

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