-
State Farm has Californian property rate hikes cut in tripartite agreement
09 March 2026Consumer Watchdog says Californians save $530m compared to rate hikes SFGI wanted
-
State Farm gets 17% home policy rate hike in California, but must receive $400m capital backing
14 May 2025Consumer Watchdog called Ricardo Lara's rate decision "a great disappointment for consumers"
-
State Farm wins provisional nod for 22% Californian homeowner rate hike
17 March 2025But group must still prove it needs the hike, and inject $500m into non-life unit
-
State Farm swings to $5.3bn net profit in 2024
03 March 2025US insurer has paid out $2.2bn so far for LA wildfires, says CFO
-
State Farm General says it "would be insolvent" without reinsurance for LA fires
26 February 2025SFG meets California's Insurance Commissioner today to request 22% rate hike
-
State Farm "very disappointed" Ricardo Lara has not approved 22% home rate hike
17 February 2025California's insurance commissioner has demanded State Farm General further justify its request
-
State Farm petitions Ricardo Lara for "immediate emergency" 22% home policy rate hike
04 February 2025US insurer wrote to California's Insurance Commissioner yesterday