Archive

  • State Farm wins provisional nod for 22% Californian homeowner rate hike

    17 March 2025

    But 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 2025

    US 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 2025

    SFG 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 2025

    California'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 2025

    US insurer wrote to California's Insurance Commissioner yesterday

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