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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Tiefling IRL
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5 months ago
Is this that “risk” the rich are always talking about
- FuglyDuck@lemmy.world
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  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.

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