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.

It was the most for any calendar year for hurricanes for State Farm.

Good, old-fashioned competition should determine the price of insurance rather than regulation.

We are certainly pleased overall. We can deal with the short-term losses. Over the long term, things usually even out.

It's basically the right thing to do. We don't see a need to go back to pursue them and said, 'OK, We gave you $2,500 and you only spent $2,200. Where is our $300?' That seems somewhat ridiculous.

We're very pleased. Competition is good for consumers, and consumers now stand to benefit from greater competition in the auto parts market.