California regulator to approve State Farm's 22% home insurance rate hike, but with a catch

California's top insurance regulator on Friday said he would approve an emergency request by State Farm to raise premiums 22% on home insurance for about a million customers if the insurance giant could justify the hike at a public hearing. READ MORE HERE: https://abc7.com/post/california-regulator-approve-state-farms-22-home-insurance-rate-hike-catch/16022588/