Article 0 Comments State Farm will issue dividends to Louisiana drivers totaling $136 million following stronger than expected underwriting performances nationally. State Farm, which writes approximately 30% of the personal auto insurance market in...
Article 0 Comments The Insurance Council of Texas (ICT) and State Farm are partnering for the 2025 Lock It Down! campaign—an ongoing statewide effort to reduce motor vehicle theft, burglary, and fraud-related crime. This...
Article 0 Comments California Insurance Commissioner Ricardo Lara on Thursday said he has launched a formal investigation into State Farm’s handling of thousands of insurance claims from wildfire survivors affected by the Palisades and...
Article 1 Comment State Farm isn’t done seeking a rate increase in California, upping its request a week after getting the OK for a large rate hike to what the company had originally wanted...
Article 0 Comments It looks like California’s largest homeowners insurer is getting a large rate increase following billions of dollars in losses from the Los Angeles wildfires and pullback on writing new policies in...
Article 0 Comments State Farm has reported paying out $2.5 billion for the Los Angeles wildfires in January, more than double what the carrier reported paying out weeks earlier. “As of March 28, we’ve...
Article 0 Comments California Insurance Commissioner Ricardo Lara provisionally approved State Farm’s request for a 22% interim rate hike, the California Department of Insurance announced on Friday. The approval is on the provision that...
Article 0 Comments State Farm has applied for large rate increases in California, months after the carrier got rate approvals of 7% and 20% earlier this year—adding fuel to a burning homeowners crisis in...
