The primary driver in raising rates is the claims experience in your state. This will cause upward pressure on rates in states where the storm has occurred.

198

Good, old-fashioned competition should determine the price of insurance rather than regulation.

195

We are certainly pleased overall. We can deal with the short-term losses. Over the long term, things usually even out.

112

It was the most for any calendar year for hurricanes for State Farm.

105

It's basically the right thing to do. We don't see a need to go back to pursue them and said, 'OK, We gave you $2,500 and you only spent $2,200. Where is our $300?' That seems somewhat ridiculous.

56