Judge says State Farm shouldn't have to cut California homeowner rates
California's insurance commissioner erred in ordering State Farm to lower homeowners and renters insurance rates in California, a judge ruled in a decision that sidestepped an unresolved question over the reach of Proposition 103 - but still drew criticism from the initiative's author.
Insurance Commissioner Dave Jones in 2016 accused State Farm of excessively profiting from those insurance policies and ordered the Bloomington, Ill., company to not only lower rates an average of 7 percent,
