California Auto Insurers Fall (AP via Yahoo! Finance)
Shares of companies that write auto insurance in California fell in midday trading Friday after an analyst said state regulations limiting how much insurers can weigh location in setting premiums will lead to a deterioration in underwriting profits.

Auto Insurance Prices Being Driven Down (NBC San Diego)
State Farm, which is California's largest auto insurer, has agreed to cut its rates by 8 percent.

State Farm announces plan to cut rates for auto insurance (Daily Breeze)
SAN DIEGO -- State Farm, the state's largest auto insurer, Thursday filed a plan to lower the price of its auto coverage by an average of 8 percent while phasing out its reliance on geography to set rates.