Department Issues Notice of Noncompliance after State Farm Refuses to Comply with Commissioner’s Order
The
Commissioner Jones' order issued in November directed
On
"I expect every insurance company to comply with my rate orders," said Commissioner Jones. "The orders I issue under Proposition 103 ensure that Californians do not pay excessive rates."
Based on the number of
Jones ordered the rate reduction after considering voluminous evidence and actuarial analyses that were presented during a lengthy public hearing process, which revealed
The
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