State Farm VP Apologizes to Homeowner While Allstate Gets Grilled at Senate Hearing May 15, 2025 By William Rabb It’s not just a few Florida-domiciled insurance carriers that have allegedly altered field adjusters’ reports on property damage in recent...
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...
Dog Bite Claims Soar in Frequency and Cost: Report April 25, 2025 Insurers in the U.S. paid out about $1.6 billion in dog-related injury claims in 2024, according to data compiled by...
Lawsuits Accuse Insurers of Colluding to Drop Coverage in Fire-Prone Parts of California April 23, 2025 By Trân Nguyen Two lawsuits filed in Los Angeles allege major home insurance companies have colluded to limit coverage in California communities at...
State Farm’s California Emergency Rate Request Dropped to 17% April 9, 2025 By Susanne Sclafane Lawyers for State Farm General, the California Department of Insurance and Consumer Watchdog presented opening arguments in a hearing to...
State Farm Has Paid Out $2.5 Billion for LA Wildfires March 28, 2025 By Don Jergler State Farm has reported paying out $2.5 billion for the Los Angeles wildfires in January, more than double what the...
State Farm Insurance Agents Can Now Offer Personal Loans March 27, 2025 By Andrew G. Simpson In the latest expansion of the alliance between State Farm and U.S. Bank, State Farm customers can apply for U.S....
State Farm Wins Dismissal of Homeowners’ Class Action Over Use of Xactimate Software March 27, 2025 By Andrew G. Simpson A federal judge has dismissed a proposed class action filed on behalf of Pennsylvania homeowners who believe that State Farm...
California Insurance Commissioner Provisionally OKs State Farm’s 22% Rate Request March 14, 2025 By Don Jergler California Insurance Commissioner Ricardo Lara provisionally approved State Farm’s request for a 22% interim homeowners insurance rate hike, the California...
State Farm 2024 Underwriting Losses Shrink on Auto Results March 3, 2025 By Susanne Sclafane After reporting underwriting losses of $13 billion in 2022 and $14 billion in 2023, State Farm recorded another underwriting loss...