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State Farm asks for huge California home insurance rate increase, signaling financial distress
(www.sfchronicle.com)
this post was submitted on 28 Jun 2024
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Your point is well made, I'm not sure you caught my sarcasm in noting that they literally (well, supposedly) have precisely the expertise and processes to have seen the fire claim risks here or hurricane risks in the south or tornados in the midwest and mitigated their own exposure accordingly….but you're right - roll the dice and win and they rake in the cash today and F tomorrow.