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State Farm Group
  
1 through 20 of 285 matching documents, newest pages first.   Sort by relevance

State Farm Says LA Wildfire Losses Hit $5 Billion as County, Regulators Investigate Claims Handling
State Farm General Insurance Co.'s handling of claims submitted in the wake of the Easton and Palisades fires in January. It seeks a trove of documents related to human and ...
Source: BestWire   Date: December 9, 2025
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AM Best Downgrades Credit Ratings of State Farm Mutual Automobile Insurance Company and Affiliates, Takes Various Credit Rating Actions on Subsidiaries
Farm Life Group (State Farm Life). The outlook of these Credit Ratings (ratings) has been revised to stable from negative. AM Best has also taken ratings actions on separate ...
Source: BestWire   Date: November 14, 2025
Illinois Insurance Director Files Lawsuit to Force State Farm National Homeowners Data Release
Illinois customers or the cost of their insurance." A hearing is set for Dec. 15 in the Circuit Court of Cook County, Illinois. The Illinois Department of Insurance's demand in the ...
Source: BestWire   Date: October 15, 2025
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Illinois Governor's Opposition to State Farm Rate Hike Could Have Industry Repercussions
General Assembly for a legislative solution." State Sen. Michael Hastings on July 11 termed State Farm's rate hike a "slap in the face to consumers and lawmakers." He said ...
Source: BestWire   Date: July 15, 2025
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California Regulator Only Investigating State Farm General Post-LA Fires Claims Handling With Exam
Gabriel Sanchez told BestWire. Any exam the department initiates of the claims practices of other insurance companies would be based upon "specific issues facing those insurers and ...
Source: BestWire   Date: June 16, 2025
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California Insurance Regulator Investigating 'Troubling' Claims Patterns at State Farm
State Farm General Insurance Co. said it is cooperating with a market conduct examination started by the California Department of Insurance to investigate what the regulator called ...
Source: BestWire   Date: June 13, 2025
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LA Wildfire Victims Urging California Regulator to Investigate State Farm's Claim Practices
State Farm was a possibility. The comment came after hearing from a slew of policyholders who have faced months of delays, lowball offers and outright denials, according to a ...
Source: BestWire   Date: May 13, 2025
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Regulators Support State Farm General Interim Homeowner Rate Hike Absent Impact Calculations
January wildfires in Los Angeles. Shaw said higher property rates on their own aren't likely to be enough to boost SFG's financial condition. Under questioning, she said the ...
Source: BestWire   Date: April 11, 2025
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State Farm General Interim Rate Hike Approval Comes With a Catch in California
Watchdog during a March 11 video conference. Lara wants State Farm to halt all California nonrenewals and cancellations through the end of the year. And he called on parent State ...
Source: BestWire   Date: March 14, 2025
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State Farm Urges Swift Action on California Rate Request, Refutes Manipulation
... General Treasurer Mark Schwamberger said. He signed the March 11 letter to Lara, along with Krause and State Farm General General Counsel Keesha-Lu Mitra. It included SFG's ...
Source: BestWire   Date: March 12, 2025
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State Farm General CEO Sounds Dire Warning at California Regulatory Rate Hike Meeting
Mark Schwamberger said. "When you're in that position where you don't have rate adequacy, you don't believe you can be self-sustaining, that is the emergency need," Schwamberger ...
Source: BestWire   Date: February 28, 2025
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California Regulator: State Farm Hasn't Met Burden of Proof for Emergency Interim Rate Hikes
State Farm explain the significant decrease in its policyholder surplus?" the commissioner asked in a Feb. 14 letter to the company. "What has State Farm done to prevent its ...
Source: BestWire   Date: February 14, 2025
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State Farm General Says It Seeks Major California Property Rate Hikes to Protect Solvency
State Farm General Insurance Co., wants to hike property/casualty rates 30% to 55% by the start of next year to protect its solvency, it said in a state Department of Insurance ...
Source: BestWire   Date: July 2, 2024
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California Homeowners Leader State Farm Secures Rate-Hike Approval
State Farm General Insurance Co., which called for statewide average increases of 20% for both non-tenant homeowners and condominium unit owners coverage of 20.8%, according to ...
Source: BestWire   Date: December 28, 2023
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APCIA: Prop 103 Contributes to State Farm’s California Property Insurance Freeze
State Farm General Insurance Co.'s decision to halt writing new property coverage in California due to the threat of wildfires was driven at least in part by the state's "outdated" ...
Source: BestWire   Date: May 30, 2023
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Florida OIR Orders 1% Emergency Assessment to Pay Guaranty Association Claims
Michael and Ian and potentially others, the order said. FIGA asked the Florida Insurance Assistance Interlocal Agency to float a short-term bond anticipation note of $150 million ...
Source: BestWire   Date: April 18, 2023
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Insurance Groups: Proposed California Rate Regulation Linked to Wildfire Mitigation ‘Problematic’
Vice President Christian Rataj. The regulations will send a strong signal to consumers and businesses to better prepare for extreme wildfires, although more needs to be done to ...
Source: BestWire   Date: September 8, 2022
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Florida Governor Vetoes No-Fault Repeal Bill
...Santis said the repeal bill, S.B. 54, would have caused other problems. "While the PIP system has flaws and Florida law regarding bad faith is deficient... SB 54 does not address ...
Source: BestWire   Date: June 30, 2021
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New York DFS Settles With Four P/C Carriers for $12.7 Million in Fines, Restitution
New York, regulators said. Under the agreement, Allstate Insurance Group, State Farm Insurance Group, AIG Property Casualty Co., and Tri-State Consumer Insurance Co., paid a ...
Source: BestWire   Date: November 3, 2020
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Progressive, Farm Bureau Seek Lower Auto Rates in Louisiana
Insurance Commissioner Jim Donelon. If approved, the decreases will take effect in late summer on new and renewed policies, according to a statement from Donelon's office. The ...
Source: BestWire   Date: June 17, 2019
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