A proposed settlement means some State Farm policyholders won’t see additional increases, and others could get refunds.
In April, the company argued the emergency rate hike would help State Farm rebuild its capital after the wildfires.
State Farm reaches settlement over emergency insurance rate hikes after last year’s Los Angeles County fires.
LOS ANGELES, March 7, 2026 /PRNewswire/ -- Consumer Watchdog today announced a settlement filed in State Farm General's pending California homeowner insurance rate cases that, if approved, will save ...
Home insurance premiums will rise across the Bay Area, the state and the country again this year, mostly sparked by billions of dollars in damage claims from extreme weather events, a national ...
The Department of Insurance approved a 6.9% rate increase for Mercury Insurance and CSAA Insurance Group in December 2025. By the end of 2025, the FAIR Plan had added over 21,000 policies to its ...
Car insurance rates are skyrocketing in California. The top 10 insurers in California got the nod last year to raise premiums ...
As State Farm’s financial condition improves, policyholders will get a one-time, 2.5% premium discount when they renew.