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State Farm had requested an increase of 6.9 percent, but will now have to cut rates for dwelling insurance by an average of 7 percent in California.

California Insurance Commissioner Dave Jones issued an order Monday requiring State Farm General Insurance Co. to reduce its dwelling insurance rates by an average of 7 percent, resulting in an estimated $78.6 million in annual savings for California policyholders, according to an announcement by the commissioner’s office.

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