All the headlines from our State Farm Topic Page, ordered by recency.
Jul 18 2017 // A.M. Best has upgraded the Financial Strength Rating (FSR) to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a-” from “bbb+” of State Farm Lloyds in...
May 11 2017 // California Insurance Commissioner Dave Jones announced today that State Farm has issued refunds totaling $13.3 million for overcharged premiums to 241,356 California consumers in compliance with his rate reduction order...
May 9 2017 // California Insurance Commissioner Dave Jones has approved rate reductions for two State Farm inland marine policies that he said will bring millions of dollars in premium savings for tens of thousands of boat owners and...
May 8 2017 // State Farm is planning to close its Tulsa operations center in 2019, and the state’s insurance commissioner is none too happy about it.According to the Associated Press, spokesman Justin Tomczak said the company will...
May 4 2017 // State Farm Mutual Automobile Insurance Co., the largest U.S. home and auto insurer, plans to shut 11 U.S. facilities, displacing about 4,200 workers, after a $7 billion annual underwriting loss last year on auto...
Apr 3 2017 // It took Jaclyn Bentley nearly three years to prove she didn’t burn her house down for the insurance money, allegations she and her lawyer say were born of the junk practice of analyzing cellphone tower data.She was...
Mar 30 2017 // U.S. personal auto underwriters increased premium rates “significantly” in 2016. But here’s the thing: it wasn’t enough.Loss trends are still outpacing rate changes. Also, the U.S. P/C industry...
Mar 20 2017 // The Mississippi Supreme Court won’t dismiss a state lawsuit against an insurance company over Hurricane Katrina claims.The Sun Herald reports that Attorney General Jim Hood’s lawsuit against insurance giant...
Mar 1 2017 // State Farm joined the ranks of property/casualty insurers reporting challenges in their auto insurance line of business. State Farm said it lost $7 billion on its auto insurance underwriting in 2016.The State Farm...
Feb 13 2017 // Washington Insurance Commissioner Mike Kreidler issued fines in January totaling $15,000 against insurance companies, agents and brokers for violating state insurance regulations.Following are the entities, the fines and...
Jan 27 2017 // Superior Court Judge Katherine Bacal has denied State Farm’s request for a temporary restraining order in an attempt to delay California Insurance Commissioner Dave Jones’ enforcement of his order directing the...
Jan 17 2017 // The California Department of Insurance has issued a noncompliance notice to State Farm General Insurance Co. for refusing to reduce policyholders’ rates as mandated by an order from Insurance Commissioner Dave Jones...
Dec 8 2016 // California Superior Court Judge Katherine Bacal has denied State Farm’s emergency request to stay Insurance Commissioner Dave Jones’s order directing State Farm to reduce homeowner and renter rates by 7...
Dec 6 2016 // The Supreme Court on Tuesday handed a victory to two whistleblower sisters by upholding a jury verdict that found State Farm defrauded the U.S. government when the insurance company assessed damage caused by Hurricane...
Nov 21 2016 // The Supreme Court appeared unlikely to throw out a jury verdict against State Farm that found the insurance company defrauded the U.S. government when it assessed damage caused by Hurricane Katrina along the Gulf of Mexico...
Nov 8 2016 // California Insurance Commissioner Dave Jones on Tuesday issued a decision requiring State Farm Insurance Co. to reduce its dwelling insurance rates by an average of 7.0 percent, resulting is $78.6 million in annual savings...
Nov 7 2016 // California Insurance Commissioner Dave Jones late last month announced he obtained an agreement from State Farm General Insurance Co. to reduce their rental dwelling program policyholders’ rates statewide by an...
Nov 2 2016 // The Supreme Court on Tuesday appeared unlikely to throw out a jury verdict against State Farm that found the insurance company defrauded the U.S. government when it assessed damage caused by Hurricane Katrina along the...
Oct 19 2016 // California Insurance Commissioner Dave Jones on Wednesday announced he has obtained an agreement from State Farm General Insurance Co. to reduce their rental dwelling program policyholders’ rates statewide by an...
Oct 4 2016 // Alabama motorists are getting a costly reminder to look out for deer while driving. State Farm, Alabama’s largest auto insurer, says in a statement that there were 28,794 insurance claims connected to deer collisions...