Yearly Archives: 2025

California approves State Farm’s 17% home insurance rate hike

May 14, 2025 By KAREN VELIE Starting next month, State Farm can raise homeowner and other insurance rates by 17%. A judge ruled Monday that State Farm provided evidence of “extraordinary financial distress” following the Los Angeles-area wildfires. State...

California Clears State Farm to Hike Rates Next Month After Massive LA Fire Losses

“In the middle of this insurance crisis, we want to make sure that companies continue to do business in California, and that more companies actually come back,” Michael Soller, a spokesperson at the California Department of Insurance, told...

Court rules in favor of policyholder in American Select Insurance firearm injury case

But the appellate panel disagreed. Writing for the court, Judge...

Bill give Landry political ammo insurance commissioner

The latest salvo in the ongoing insurance reform battle between Louisiana Insurance Commissioner Tim Temple and Governor Jeff Landry will...

How State Farm’s newest rate hike could impact Bay Area towns like Orinda

ORINDA — If you have home insurance from State Farm, you will soon be paying more. That's after an administrative law judge in Oakland endorsed an emergency rate hike for the largest insurer in...

Judge backs State Farm’s 17% emergency rate hike for homeowners – Insurance News

An administrative law judge endorsed a request by State Farm General to increase its homeowner rates by 17%, at least partially due to losses it suffered in the Jan. 7 fires in Los Angeles County. The decision also...
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