Kevin Stark
Appearances
This Past Weekend w/ Theo Von
E559 Laila Mickelwait
State Farm says the rate hike is needed to avert a dire situation, raising serious questions about the health of its California subsidiary. They've asked to raise the average California homeowner's policy by more than 20 percent starting in May. The company is the state's largest insurance group, Stanford's Michael Wara.
This Past Weekend w/ Theo Von
E559 Laila Mickelwait
State regulators say they're setting hearings to consider the request. For NPR News, I'm Kevin Stark in San Francisco.