Dick Luedke
Dick Luedke
competition determine insurance price rather
Good, old-fashioned competition should determine the price of insurance rather than regulation.
calendar state year
It was the most for any calendar year for hurricanes for State Farm.
certainly deal pleased
We are certainly pleased overall. We can deal with the short-term losses. Over the long term, things usually even out.
auto benefit competition consumers good greater parts stand
We're very pleased. Competition is good for consumers, and consumers now stand to benefit from greater competition in the auto parts market.
cause claims driver experience pressure primary raising rates states storm
The primary driver in raising rates is the claims experience in your state. This will cause upward pressure on rates in states where the storm has occurred.