Appeals court shuts down California home insurance ruling

California home insurance - Ruling

Consumer advocates say they’ll be bringing the case to the California Supreme Court. A California home insurance ruling has been overturned in appeals court, but consumer advocates say they’ll take the case to the state supreme court to reverse that decision. Consumer advocates said the ruling undermines the ability of the state to order billions in refunds. The state appeals court in San Diego rejected a 2016 finding from the state insurance commissioner, which found that a subsidiary of State Farm was overcharging on its California home insurance rates. The…

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