State Farm asks for huge California home insurance rate increase, signaling financial distress

a couple of years ago State Farm recruited me for an insurance agent position, and I was curious so I showed up for 3 interviews in one visit. after the 3rd interview they said they loved me and knew i would be a success with them. they offered me zero territory protection (over 20 state farm agents in my zip code) and a base salary of $18,000 per year. That is not a typo.

Then they suggested i purchase someone's existing book of business to ramp up.