A San Diego judge has ordered Farmers Insurance to pay $115 million to customers who paid in installments. Farmers has vowed to appeal.
This is interesting. Rates, as you know from my last post, are set by the Dept. of Insurance. They are required to approve rates. This seems to me like Farmers getting around that requirement. Although, I admit to not having studied this in depth.
If you are a Farmers insured, and you pay your premium in installments, you may want to read this article and see if you are entitled to a refund too!