Latest State Farm Headlines

All the headlines from our State Farm Topic Page, ordered by recency.

State Farm Latest Company to Stop Donating to N.J. Rep. Garrett

Mar 25 2016 // Add the nation’s largest property-casualty insurer to the growing list of financial companies that won’t be donating to U.S. Representative Scott Garrett in the wake of his alleged anti-gay remarks.State Farm...

State Farm Reports Investments Overcame Underwriting Loss in 2015

Feb 28 2016 // State Farm Mutual Automobile Insurance Co., the largest U.S. property/casualty insurer, said 2015 profit rose 48 percent on investment gains tied to pharmaceutical holdings.Net income increased to $6.2 billion from $4.2...

State Farm Introduces Ridehsare Coverage in Colorado

Feb 2 2016 // State Farm will offer customers a new endorsement in Colorado to cover insurance gaps for policyholders who use personal vehicles to provide rides for transportation network companies like Uber and Lyft.The optional...

California Commissioner OKs New insurance Products to Fill Ridesharing Gap

Jan 21 2016 // California Insurance Commissioner Dave Jones approved a new insurance product by USAA designed to close the gap in insurance coverage for drivers driving for all ridesharing companies.The product is now available to...

Accused of Defrauding State Farm, County Exec in Illinois Quits

Jan 14 2016 // The in central Illinois has resigned in the wake of his indictment on federal fraud charges.Republican Matt Sorensen submitted a resignation letter to an executive committee meeting, The Pantagraph in Bloomington reported....

County Chairman in Illinois Accused of Defrauding State Farm

Jan 7 2016 // Federal prosecutors in Chicago have indicted the chairman of the McLean County Board for defrauding State Farm and a consulting firm of more than $400,000 in unearned consulting fees.Matt Sorensen and co-defendant Navdeep...

Ex-McKinsey Consulting Partner Charged with Fraud Against State Farm

Jan 5 2016 // A former partner at consulting firm McKinsey & Co has been arrested on charges that he engaged in a scheme to submit fraudulent invoices and expenses to the company and clients, including State Farm, for more than...

Southeast Storm Update: Significant Auto Losses Expected

Oct 6 2015 // Claims are already starting to trickle in from the major storm that hit South Carolina over the weekend and that is now causing additional flooding problems in North Carolina.According to State Farm Spokesman Justin...

South Carolina Insurance Director: Insurers Ready for Claims from ‘Devastating’ Storm

Oct 5 2015 // The insurance industry is bracing itself for an expected onslaught of claims in the wake of what South Carolina officials are calling a 1 in 1,000 year storm.“This is an extremely devastating event,” said South...

Odds of Drivers Having Collision with Animal: 1 Out of 169

Sep 14 2015 // The odds drivers will have a claim from hitting a deer, elk or moose is 1 out of 169, the same as in 2014. That likelihood more than doubles during October, November and December, when deer collisions are most prevalent,...

Appeals Court Denies State Farm’s Rehearing Request in Katrina Fraud Case

Sep 7 2015 // A federal appeals court has decided that a jury’s ruling to uphold an insurance fraud decision will stand, allowing whistleblowers who sued State Farm Fire and Casualty Co. to seek more evidence of fraud after...

Sierra Club Dragging State Farm into Climate Change Battle

Aug 27 2015 // A State Farm executive is coming under fire from activists for his position on the board of what some consider to be a “climate denier” group.Sierra Club, a progressive investor group and other activist...

Louisiana AG: Lawsuit Against State Farm to Be Heard in State Court

Aug 20 2015 // A federal judge has ruled that Louisiana Attorney General James D. “Buddy” Caldwell’s lawsuit against State Farm Auto Insurance over vehicle repair tactics will be heard in Louisiana state court, where it...

Appeals Court Denies State Farm’s Rehearing Request in Katrina Fraud Case

Aug 14 2015 // A federal appeals court has decided that last month’s upholding of a jury’s insurance fraud ruling will stand, allowing whistleblowers who sued State Farm Fire and Casualty Co. to seek more evidence of fraud...

Arizona Supreme Court Ruling May Expose Agents to Lawsuits

Aug 3 2015 // An Arizona Supreme Court ruling in July may expose agents who write auto policies to malpractice lawsuits if they are accused of failing to inform their customers about uninsured and underinsured motorists coverage —...

U.S. Appeals Court Rules for State Farm Whistleblowers in Katrina Fraud Case

Aug 3 2015 // A federal appeals court has ruled that whistleblowers who sued State Farm Fire and Casualty Co. can seek more evidence of fraud against the U.S. government after 2005’s Hurricane Katrina.In its decision, the New...

Insurers Warned to ‘Think Before You Snap’ as Florida Drone Privacy Law Takes Flight

Jul 29 2015 // The new Florida drone privacy law could have some unintended consequences for insurers looking to use or insure unmanned aircraft systems (UAM) technology.The Freedom from Unwarranted Surveillance Act (FUSA), which took...

Bad Faith Liability and an Insurer’s Refusal to Settle

Jul 22 2015 // Did you know that that an insurer can be liable for bad faith failure to settle even if it never receives a firm settlement offer? The Louisiana Supreme Court recently ruled that it can and also that an insurer can be...

Insurer’s Refusal to Settle Can Lead to Bad Faith Liability

Jul 20 2015 // Did you know that that an insurer can be liable for bad faith failure to settle even if it never receives a firm settlement offer? The Louisiana Supreme Court recently ruled that it can and also that an insurer can be...

Arizona Supreme Court Ruling May Expose Agents to Lawsuits

Jul 17 2015 // An Arizona Supreme Court ruling may expose agents who write auto policies to malpractice lawsuits if they are accused of failing to inform their customers about uninsured and underinsured motorists coverage – even with a...