State Farm faces questions about accuracy of rate hike amid conflict with expert witness
State Farm is facing scrutiny over its proposed property insurance rate hikes in California, with Consumer Watchdog challenging the company's justifications amid concerns of a conflict of interest with an expert witness. The insurance provider has slightly reduced its rate increase request for homeowners but still seeks significant hikes for renters and rental properties. As public hearings unfold, the validity of these proposed changes remains a contentious issue in the state.