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Russia-Ukraine war continues to impact Lloyd's syndicates
03 April 2025Lloyd's syndicates have updated reserves and loss estimates linked to the conflict
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Lloyd's syndicates reveal LA fire loss expectations
01 April 2025Infernos will be "devastating to the state and [its] insurers," says Ariel Re
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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
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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
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Consumer Watchdog dubs State Farm's rate hike bid a "backroom bailout"
27 February 2025Consumer advocates, State Farm and Ricardo Lara met yesterday
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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
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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
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Allstate CEO: There's a way to make California's property market work
06 February 2025US insurer anticipates $1.1bn of net losses following January wildfires
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ClimateWise members raise the bar as sustainability regulations evolve
05 February 2025Members of insurance sector sustainability group ClimateWise have reported their first scores since the framework was updated last year. Programme director Sid Miller discusses progress and challenges with
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State Farm petitions Ricardo Lara for "immediate emergency" 22% home policy rate hike
04 February 2025US insurer wrote to California's Insurance Commissioner yesterday