State Farm News

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State Farm Paid a ‘Hail’ of a Lot of Claims in 2025

Apr 23 2026 // Providing its annual report of hail-related claims, State Farm said that it paid out $5.6 billion nationally for such claims in 2025, and $1.4 billion in Texas alone. The giant insurer’s report on hail claims...

State Farm Agrees to $15M Settlement for Underpaid Vehicle Claims

Apr 17 2026 // A federal judge last month approved a preliminary class settlement resolving allegations State Farm underpaid Arkansas policyholders for total loss vehicle claims by applying an erroneous valuation method. Under the...

State Farm’s 17% California Homeowners Rate Hike to Remain Under New Agreement

Mar 9 2026 // The California Department of Insurance, State Farm, Consumer Watchdog agreed on rate request from the carrier to raise homeowners rates. The interim rate of 17% will remain in place, meaning there will be no additional...

How State Farm, USAA Boost Customer Retention: Historic Dividends

Mar 5 2026 // While competition in personal auto insurance is rising to levels high enough to dent customer retention at GEICO, a giant mutual insurer and a reciprocal exchange have both tapped into a customer-friendly option...

State Farm to Issue $136M in Dividends to Louisiana Drivers

Feb 27 2026 // 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...