State Farm News

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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 on property damage in recent years. It’s also major national insurers, according to adjusters...

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...

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