A Critical Look at the California State Farm Rate Ruling: A Stabilizing Act or a Regulatory Surrender?
Property Insurance Coverage Law
MAY 14, 2025
A California Administrative Law Judge issued a decision approving a stipulation between State Farm General Insurance Company and the California Department of Insurance that allows significant interim rate increases for three of the companys major lines of residential insurance. 1 These increases include a 17 percent hike for homeowners non-tenant HO-3 policies, 15 percent for … The post A Critical Look at the California State Farm Rate Ruling: A Stabilizing Act or a Regulatory Surrender?
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