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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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State Farm petitions Ricardo Lara for "immediate emergency" 22% home policy rate hike
04 February 2025US insurer wrote to California's Insurance Commissioner yesterday
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California fires heap pressure on state's FAIR Plan
15 January 2025Moody's says FAIR Plan now "working far beyond its original brief"
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Farmers Insurance resumes coverage in California
12 December 2024Insurer returns to state after one year pause, highlighting CDI's insurance strategy
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California insurers battle judge veto on CDI rate hikes
22 November 2024Judge said rate increase for State Farm does not follow regulatory procedure