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RJ-MacReady

(603 posts) Wed May 14, 2025, 06:21 AM May 2025

How could CA approve this???? [View all]

Huge mistake by the state of California approving a 17% insurance rate hike. You can't talk about affordability and thr middle class while rubber stamping exorbitant insurance rate hikes. Sorry but this is a huge blunder and further erodes Govenor Newsom's 2028 bid.

https://www.cbsnews.com/news/california-judge-approves-state-farms-17-insurance-increase/

11 replies

= new reply since forum marked as read

Highlight:

How could CA approve this???? [View all] RJ-MacReady May 2025 OP

agreed AltairIV May 2025 #1

Expensive insurance is better than no insurance Jose Garcia May 2025 #2

This. I see a time coming and not so long in the future, when self-insurance will be our only option. LiberalLoner May 2025 #3

Par for the course. k_buddy762 May 2025 #4

It was approved by a judge SocialDemocrat61 May 2025 #5

Insurers are not charities. They are corporations. marybourg May 2025 #6

If the lumber has a big tariff, and nails, and pipes Johonny May 2025 #7

How about "California State Insurance Commission approves State Farm's 17% increase in home insurance premiums" usonian May 2025 #8

same here in NJ RJ-MacReady May 2025 #9

At least California has a regulatory agency that exerts some control. bluesbassman May 2025 #10

The 17% increase is only temporary while the state considers a 30% increase later this year, according to the Guardian: HeartachesNhangovers May 2025 #11