Latest State Farm Headlines
All the headlines from our State Farm Topic Page, ordered by recency.
State Farm Implements 27% Rate Increase for Illinois Homeowners
Jul 15 2025 // State Farm is implementing a significant rate hike for Illinois homeowners, citing more frequent severe weather events and rising home replacement costs that are driving up the cost and frequency of claims. The rate hike...
Viewpoint: State Farm’s Wildfire Claims Response Is a Test of Trust and Preparedness
Jul 8 2025 // State Farm has long positioned itself as the dependable “good neighbor” ready to help when disaster strikes. Through carefully crafted advertising, the company promotes a sense of comfort, security, and...
Climate Group Says State Farm Rate Hike to Cost California Homeowners $1,000
Jun 13 2025 // A report from a climate activist group says State Farm’s rate increases, if approved, would cost the average California homeowner more than $1,000. State Farm upped its rate request in May, a week after getting the...
California Commissioner Investigating State Farm’s Handling of LA Wildfire Claims
Jun 12 2025 // 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...
State Farm VP Apologizes to Homeowner, Allstate Exec Gets Grilled at Senate Hearing
Jun 2 2025 // It’s not just some Florida-domiciled insurance carriers that have allegedly altered field adjusters’ reports or low-balled property damage estimates in recent years. It’s also major national insurers,...
State Farm Still Wants a 30% Rate Increase in California
May 21 2025 // 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 before being rejected and agreeing to an...
State Farm VP Apologizes to Homeowner While Allstate Gets Grilled at Senate Hearing
May 15 2025 // It’s not just a few Florida-domiciled insurance carriers that have allegedly altered field adjusters’ reports or low-balled damage estimates in recent years. It’s also major national insurers, according...
Judge Recommends Approving 17% State Farm Rate Hike in California
May 13 2025 // 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 the...
State Farm Wins Dismissal of Class Action Over Xactimate Software
Apr 21 2025 // A federal judge has dismissed a proposed class action filed on behalf of Pennsylvania homeowners who believe that State Farm undervalued their property damage claims in its use of the Xactimate software that is popular...
State Farm’s California Emergency Rate Request Dropped to 17%
Apr 9 2025 // Lawyers for State Farm General, the California Department of Insurance and Consumer Watchdog presented opening arguments in a hearing to determine the fate of State Farm’s request for an emergency homeowners rate...
State Farm Has Paid Out $2.5 Billion for LA Wildfires
Mar 28 2025 // 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 received more than 12,300...
State Farm Insurance Agents Can Now Offer Personal Loans
Mar 27 2025 // In the latest expansion of the alliance between State Farm and U.S. Bank, State Farm customers can apply for U.S. Bank personal loans for up to $50,000 working directly with their insurance agent. The new offering joins...
State Farm Wins Dismissal of Homeowners’ Class Action Over Use of Xactimate Software
Mar 27 2025 // A federal judge has dismissed a proposed class action filed on behalf of Pennsylvania homeowners who believe that State Farm undervalued their property damage claims in its use of the Xactimate software that is popular...
California Insurance Commissioner Provisionally OKs State Farm’s 22% Rate Request
Mar 14 2025 // California Insurance Commissioner Ricardo Lara provisionally approved State Farm’s request for a 22% interim homeowners insurance rate hike, the California Department of Insurance announced on Friday. The approval...
State Farm, Consumer Group Battle Ahead of Calif. Insurance Commissioner Decision
Mar 13 2025 // Ahead of a decision from California’s insurance commissioner on a State Farm General request for emergency rate increases, company executives and representatives of a consumer group pled their opposing cases in...
State Farm 2024 Underwriting Losses Shrink on Auto Results
Mar 3 2025 // After reporting underwriting losses of $13 billion in 2022 and $14 billion in 2023, State Farm recorded another underwriting loss for 2024—but narrowed it thanks to its auto insurance results. State Farm reported a 2024...
S&P Puts State Farm General on CreditWatch
Feb 26 2025 // Potential downgrades of State Farm’s California homeowners insurer came closer to reality yesterday when S&P Global Ratings put the “AA” financial strength and issuer credit ratings of State Farm...
California Insurance Commissioner Rejects State Farm’s 22% Rate Request
Feb 14 2025 // California Insurance Commissioner Ricardo Lara did not approve an emergency, interim 22% rate request from State Farm, instead calling a meeting with the carrier to get some answers about the carrier’s financial...
State Farm Seeking Interim 22% Rate Hike for Homeowners in Wake of LA Wildfires
Feb 3 2025 // State Farm General said on Monday it is asking the California Department of Insurance to immediately approve interim rate increases, including 22% average for homeowners. The carrier, the state’s top homeowners...
State Farm Settles Immigration Discrimination Case with Justice Department
Oct 29 2024 // The Justice Department announced that it secured a settlement agreement with State Farm resolving the department’s determination that one of State Farm’s corporate offices in Richardson, Texas, violated the...
