Shutterstock.com_2311877229/frank_peters

14 May 2025Insurance

California feinted, then folded; State Farm gets its rate hike

California signed off on a hotly contended emergency rate request from its largest homeowners' carrier State Farm, working to soften the tone from a 15% to 38% hit to insurance customers with a reminder of the state's insurance crisis and vows for further review.

Already registered?

Login to your account

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Sompo bulks up on Aspen; commercial and reinsurance boom

14 August 2026 First full quarter with Aspen dovetails with strong renewals; reinsurance revenue up 92%.

D&O rate slide slows in Q2 as higher-risk sectors face modest increases

14 August 2026 AI emerges as D&O double act: opportunity on one side, governance headache on the other.

Convex improves trailing combined ratio, even if Q2 gets bumpy

14 August 2026 Property pricing under ‘pressure’ says CEO but sees upside from casualty, PVT.

More articles

Sompo bulks up on Aspen; commercial and reinsurance boom

Accelerant shifts further toward third-party capital as exchange premium grows 23%

RiverStone takes on $1.6bn QBE reserves through LPT deals

D&O rate slide slows in Q2 as higher-risk sectors face modest increases

Pelagos adds new quota share, eyes ILS and retro to manage margin

Convex improves trailing combined ratio, even if Q2 gets bumpy

QBE grinds out first half with flat profit and margins

Westfield Specialty’s GWP climbs to $1.2bn on US, international growth

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze