State Farm Files Lawsuit To Block Historic Rollback in Insurance Rates
<p>Last month, California Insurance Commissioner Dave Jones ordered more than $100 million in refunds for nearly 2 million State Farm policy owners, alleging the company charged excessive rates for its homeowners and renters insurance.</p>
<p style="">It apparently was the first such refund approved since California’s landmark Proposition 103 rolled back a wide swath of insurance rates nearly three decades ago, marking a significant win for consumer groups.</p>
