What's changed at State Farm

Every update we've tracked for State Farm, newest first. Each one links to the full note.

  1. OIR cites State Farm auto rate cut request of 10 percent

    OIR said it has approved multiple State Farm auto rate reductions since 2024, with the latest request a 10 percent decrease for drivers. A Jan 13, 2026 release put the cumulative auto cut at 20 percent.

  2. AM Best affirms State Farm Florida at A-, downgrades parent to A+

    AM Best affirmed State Farm Florida at A- (Excellent) and moved its outlook to stable. It cut State Farm Mutual and pooled affiliates to A+ (Superior) from A++. It cited auto and home loss ratios and weather losses.

  3. State Farm Florida returns to new home and renters business

    State Farm Florida said it would sell new home and renters policies. It was the first time since 2009. It would be in a limited way, for current customers moving in state, people moving to Florida and some new customers.

  4. State Farm Florida settles with OIR and stays in Florida

    After OIR denied a 47.1 percent rate request in 2009 and State Farm filed to leave, the two settled. State Farm stayed, got a 14.8 percent increase, and dropped about 125,000 of 810,000 policies over 18 months.

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