Alfa raises Ala. insurance rates by 20%

[admin]

Alfa Mutual Group has raised insurance rates for homeowners by 20% across Alabama, with bigger increases for landlord and farm policies. Charles Angell, the state's actuary, says the increase isn't designed

More... (http://www.wsfa.com/story/15386313/alfa-raises-ala-insurance-rates-by-20)

[Justified]

I have a question for my P&C actuarial professionals since I am still hunting for my first actuarial position. If product performance is reviewed regularly then a 20% increase across a state seems steep. Is this type of rate increase possible without a huge natural disaster?