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California Regulators Require Auto Insurers To Adjust Rates

This story was co-published with Consumer Reports.

California regulators said they have required Nationwide and USAA to adjust their auto insurance rates as a result of a report by ProPublica and Consumer Reports that many minority neighborhoods were paying more than white areas with the same risk.

Farmers Insurance Asks Court To Block State Review Of Auto Rates And A Possible Refund Order

Farmers Insurance has asked a court to block a state review of its auto insurance rates dating to 2008, making it the latest case to test the limits of California’s landmark insurance law, Proposition 103.

The Woodland Hills firm, a unit of Swiss multinational Zurich Insurance Group, argued in a lawsuit last week that a plan by the Department of Insurance to review the rates — which are being challenged by a group of consumers in a separate case — is “unlawful under applicable law and current facts” and should be called off.