Judge Finds that State Farm Overcharged Consumers $85 Million and Orders Refunds, Must Reduce Rates by $156 Million Annually Going Forward, says Consumer Watchdog |
| August 10, 2016 | August 2016 Bond Updates |
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SANTA MONICA, Calif., Aug. 9, 2016 /PRNewswire-USNewswire/ -- In a major victory for 1.7 million State Farm policyholders, an administrative law judge at the California Department of Insurance has:
Determined that since at least July 15, 2015, State Farm's premiums for homeowners... |
| View more at: http://www.prnewswire.com/news-releases/judge-finds-that-state-farm-overcharged-consumers-85-million-and-orders-refunds-must-reduce-rates-by-156-million-annually-going-forward-says-consumer-watchdog-300311515.html |
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