SocraticGadfly: Definitely no recession for State Farm in Tejas

July 15, 2009

Definitely no recession for State Farm in Tejas

If Dallas-area homeowners thought Allstate was hiking their rates, they haven’t seen anything yet.

State Farm must be trying to buy a farm or two with a 14 percent rate hike, once again leaving Texas residents at the mercy of the near-toothless state Department of Insurance.

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