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Insurance

Dec. 12, 2016

State Farm challenges insurance commissioner in overcharge dispute

Insurance Commissioner Dave Jones is headed towards a showdown with State Farm General Insurance Co. over a retroactive rate adjustment where Jones has ordered the company to refund more than $100 million from allegedly overcharging customers.

By Joshua Sebold
Daily Journal Staff Writer

Insurance Commissioner Dave Jones is headed toward a showdown with State Farm General Insurance Co. over a retroactive rate adjustment where Jones has ordered the company to refund more than $100 million from allegedly overcharging customers.

In a hearing on Friday, San Diego County Judge Katherine A. Bacal will decide whether or not to issue a stay on Jones's November order, which mandates ho...

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