Webthe company, accounting for 20 percent of bundled home insurance policies and 13 percent of commercial policies in california, said it was facing β€œhistoric increases.

Webstate farm, california's largest insurance provider, announced it would not renew insurance policies for approximately 72,000 homes and apartments in the state.

Weban insurance salesperson looking into rising rates has heard from a number of state farm customers about rate hikes.

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