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

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

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

Insurance
24 March 2026   Governance gaps persist as 43% lack formal AI risk frameworks.
Insurance
24 March 2026   Public entity report says carriers more selective, embrace AI, rethink pricing.
Insurance
24 March 2026   Promotion reflects appointee’s ‘deep operational expertise’.