State Farm Ins. to Implement Good Driver Reforms

State Farm Ins. to Implement Good Driver Reforms: "Insurance Commissioner John Garamendi today announced that State Farm Insurance, California’s largest auto insurer, has ended its battle against his Good Driver Reforms, and is seeking an 8% average reduction for its policyholders while simultaneously implementing the new regulations.
State Farm’s action means that most of its nearly 3 million policyholders will see an annual reduction in premium rates totaling $204 million. That amount, combined with earlier reductions by the Auto Club of Southern California and USAA Insurance, brings the dollar savings for consumers to nearly $370 million since the reforms were introduced last year. "