State Farm California Customers May Get Wildfire Refunds
March 10, 2026·3 days ago·via Realtor.com
Big news for State Farm policyholders in California - you could see refunds after those hefty 2025 wildfire-related rate hikes! A new settlement with the Department of Insurance and Consumer Watchdog rolls back some increases, with refunds plus 10% interest for many starting retroactively from June 2025. This comes amid massive losses from LA fires, estimated at $7.6 billion for State Farm, mostly covered by reinsurance. Read more about this...