State Hearing Set on State Farm Lloyd’s 20% Rate Hike
Higher-ups at the Texas Department of Insurance has granted a request to hold a hearing to talk about a double-digit rate hike by State Farm Lloyd’s.
An administrative law judge will conduct the hearing, which was requested by Deeia Beck, the head of the Office of Public Insurance Counsel.
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The insurance department’s agreement to hold a hearing based on Beck’s request came a day before state Sen. Kelly Hancock, R-Fort Worth, filed a bill to abolish the Office of Public Insurance Counsel.
Read More: Austin American-Statesman

