California's obviously placed that I lived in for 24 years.

Yesterday, Giancarlo asks Tom,

so did you ever live in California?

It says my entire life growing up.

And then you lived there as well for 18 years.

18 years.

So we love the state.

Guyman X me saying, what problem do we have with California?

Don't you realize that this is the most incredible climate in the world with the incredible benefit? I said, yes, yes, yes. But your policies suck and they're pushing a lot

of good people out, especially with this one. Let me read it to you. California proves 17%

increase, rate increase for state farm. Okay? 17% rate increase for state farm. So this 17% rate increase for State Farm.

So this 17% rate increase for homeowners insurance, effective June 1st, after the insurer requested a 22% hike, they said 22.

California agreed to 17, citing a dire situation post-L.A. Fires, Insurance Commissioner Ricardo LaraLaris stated, we are in a statewide insurance crisis affecting millions of California's,

calling it a tough compromise.

Consumer Watchdogs, Carmen Bulber,

criticizes the decision saying it adds insult to injury for homeowners facing delayed

or low-ball claims state farm financial distress was acknowledged by

administrative judge who found a company

that is experiencing extraordinary financial stress coupled with surplus depletion that threatens

ongoing business operations. Laura noted State Farm must justify its financial conditions and

detail its recovery plan at a fall hearing. And this is for homeowners insurance.

For renters, you ready?

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