State Farm stops accepting home insurance applications in California: 'Difficult place to do business'

Tech and real estate entrepreneur Peter Rex reacted to State Farm's decision to cease home insurance applications in California, predicting there was an "unspoken reason" the firm made its decision. Rex joined "Fox & Friends Weekend" to discuss why he doesn't "fully buy" the notion that the company made the move on economic grounds. PETER REX: This is a big problem, and I also… think State Farm, I read their release on their own website just to get directly to the horse's mouth here, and I don't fully buy it…...