During the recent hearing in California and in the process that ensued, State Farm was forced to make some concessions — lowering the rate hike to 17 percent, from nearly 22 percent, as well as ...

A check from California’s largest property insurer, which says it has paid billions of dollars in claims from the LA-area ...

State Farm’s newly approved emergency rate hike for homeowners insurance is triggering concerns about affordability and increased strain on the housing market.

State Farm can soon start raising premiums by 17% for its California home insurance customers. State Insurance Commissioner Ricardo Lara approved the rate hike Tuesday.

The state of California approved State Farm's request for an emergency 17% increase in homeowners insurance rates as the company deals with financial challenges after the Los Angeles wildfires.

State Farm seeks to boost California home insurance rate hike to 30%. Skip to content. All Sections. Subscribe Now. 62°F. Sunday, July 13th 2025 Today's e-Edition. Home Page. News. News; ...

Between 2022 and January 2025, after the wildfires ravaged Southern California, State Farm's surplus plunged from $2.24 billion to approximately $620 million, Seligman found, ...

SAN DIEGO (FOX 5/KUSI) — State Farm’s newly approved emergency rate hike for homeowners insurance is triggering concerns about affordability and increased strain on the housing market.

State Farm gets California nod to hike homeowner policies 17% Policyholders will see higher premiums beginning June 1, with renters and condo owners paying 15% more, and rental owners paying 38% more.

State Farm can raise homeowner and other rates starting next month, becoming the first insurance company to win approval to do so on an emergency interim basis in California.