Loading...
Market
State Farm files for bankruptcy by mid-2025?
4
Resolution / Starting Odds
No • 50%
Yes • 50%
Official court filings or announcements from State Farm
Story
State Farm Seeks 30% Home Insurance Rate Hike, Largest in California
Jun 28, 2024, 04:11 PM
State Farm has requested a significant increase in home insurance rates in California, seeking a 30% hike for homeowners and even higher rates for condos and renters. This move has raised serious questions from the state insurance commissioner, who has questioned the company's financial stability. The proposed rate increase is the largest ever requested by State Farm, indicating potential financial challenges for the state's largest insurer.
View original story
Similar markets
State Farm remains solvent • 33%
State Farm declares insolvency • 33%
State Farm exits California market • 33%
State Farm increases market share • 25%
State Farm maintains market share • 25%
State Farm loses market share • 25%
State Farm exits market • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
