California, State Farm

California Gives State Farm Insurance Ultimatum
California's insurance commissioner met with State Farm executives Wednesday to discuss the emergency request for a rate hike.
State Farm asks California to raise homeowner insurance rates by 22%
State Farm wants to raise its rates by about 22% for California homeowners, which would affect about one million people.
California insurance regulators urge State Farm to expand coverage in exchange for rate hikes
Earlier this month, State Farm — the state’s largest home insurance provider — asked the California Department of Insurance to approve statewide rate increases averaging 22% for homeowners. It also requested a 15% increase for renters and condo owners and a 33% hike for rental owners.
State Farm threatens to drop more policies if California's Lara rejects rate hike
State Farm executives made it clear that if the California Department of Insurance does not approve the increases, the insurer may move forward with dropping even more policies, reducing coverage across the state.
California reconsidering State Farm insurance rate hikes for homeowners after LA wildfires
State Farm once again wants to raise its rates by about 22% for California homeowners, which would affect about one million people.
California to consider State Farm emergency rate increase request
Insurance Commissioner Ricardo Lara had asked for the meeting in which he and Consumer Watchdog will sit down with State Farm reps to discuss proposed emergency policy rate increases of up to 38% to cover the costs associated with the Los Angeles-area wildfires.
California insurance commish to State Farm: go pound ashes
State Insurance Commish Ricardo Lara has turned down a request by State Farm General to raise home insurance rates by an average 22%.
California insurance commissioner rejects State Farm’s request for 22% rate increase
State Farm responded by saying that it “must seriously consider its options within the California insurance market going forward.”
Insurance Rates Will Increase for Some Homeowners After 2 California Carriers Are Given Go-Ahead
The post Insurance Rates Will Increase for Some Homeowners After 2 California Carriers Are Given Go-Ahead appeared first on Real Estate News & Insights | realtor.com®.
California insurance commissioner meets with State Farm about emergency rate hike
California’s insurance commissioner met with representatives for State Farm Wednesday in Oakland to talk about why the company has requested an emergency rate hike following the Los Angeles County wildfires.
State Farm’s CEO just met with California’s top insurance official. Here’s exactly what they said
State Farm has given Insurance Commissioner Ricardo Lara a stark choice: approve a rate increase consumer advocates say amount to $600 per household, or run the risk that California’s largest insurer may drop even more policies across the state.
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State Farm's financial results improve, as underwriting losses decline
State Farm's financial results improved in 2024, though the Bloomington-based company still posted an underwriting loss of ...
Insurers Fled California in Recent Years—Experts Say Their Return Depends On Homeowners
The long-term solution to California's insurance issue, experts say, is for communities to build and renovate homes to be more fire-resistant.
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Geico Car Insurance vs. State Farm Car Insurance
as well as products like homeowners insurance and renters insurance. Compare State Farm and Geico’s ratings in the table below, and see our methodology to learn more about the metrics we use ...