Brkdncr@lemmy.world to

News@lemmy.world · 5 months ago

State Farm Seeks Enormous Rate Increases in California to Prevent Insolvency | KQED

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State Farm Seeks Enormous Rate Increases in California to Prevent Insolvency | KQED

Brkdncr@lemmy.world to

News@lemmy.world · 5 months ago

The company’s financial stability is in doubt after it requested to raise homeowners insurance rates by 30% and renters insurance by 52%.

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FuglyDuck@lemmy.world
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5 months ago

Seems like you conveniently forgot another option here? Seize the fucking company. It belongs to California now.

privatize the gains, socialize the losses! -rich fucks, usually.
- sunzu@kbin.run
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  5 months ago
  Government is always there to bail them out it seems under guise of helping the people
  - FuglyDuck@lemmy.world
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    5 months ago
    They do it for the hot stock tips.

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