State Farm’s California subsidiary put on negative credit watch by S&P
  • X
  • LinkedIn
  • Show more sharing options
  • X
  • LinkedIn
  • Free trial
  • Log in
Lines of business
Personal lines

State Farm’s California subsidiary put on negative credit watch by S&P

State Farm General has asked California regulators for an emergency rate increase.

By Clark Mindock
February 27, 2025
  • X
  • LinkedIn
  • Show more sharing options
  • X
  • LinkedIn
state farm logo.png

Ratings agency S&P has placed the ‘AA’ financial strength and issuer credit ratings of State Farm’s California subsidiary on credit watch with negative implications, citing a deteriorating capital position and worsening regulatory solvency ratios.

The

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

California Regulation Personal lines State Farm News Wildfire
Gift this article