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SoCal Matters

State Farm to Raise Wildfire Rates After Wildfire Losses

5/30/2025 | 2mVideo has Closed Captions

State Farm approved to raise insurance rates by up to 38% after wildfire losses.

State Farm secured approval to raise insurance rates by up to 38% after citing major wildfire losses. Consumer advocates opposed the hike, but the Insurance Commissioner approved it as a temporary measure pending a full hearing later this year.

05/30/2025

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SoCal Matters is a local public television program presented by PBS SoCal

SoCal Matters

State Farm to Raise Wildfire Rates After Wildfire Losses

5/30/2025 | 2mVideo has Closed Captions

State Farm secured approval to raise insurance rates by up to 38% after citing major wildfire losses. Consumer advocates opposed the hike, but the Insurance Commissioner approved it as a temporary measure pending a full hearing later this year.

05/30/2025

Problems playing video?   | Closed Captioning Feedback

Report a Problem

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