Latest State Farm Headlines

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

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

Jul 16 2015 // 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, a federal appeals court ruled July 13.In its decision, the New...

Agents in Indiana Say Insurance Increased Prior to Home Explosion

Jul 9 2015 // The girlfriend of a man accused of blowing up an Indianapolis, Ind. house, devastating a subdivision and killing two neighbors, nearly doubled the insurance coverage for the contents of her home 11 months before the...

People – East

Jun 15 2015 // Michael Tipsord, State Farm president and chief operating officer who first joined the insurer in 1988, will succeed outgoing CEO Edward B. Rust Jr. in September as chief executive officer.Rust, in speaking during a...

State Farm: Georgia Files Most Lightning Strike Claims

Jun 8 2015 // State Farm says Georgia residents file the most claims for lightning strikes in the country. The insurer’s officials told WSB-TV that it paid more than $16 million for lightning-related claims in 2014. The owner of...

Tipsord to Succeed Rust as State Farm CEO

Jun 5 2015 // Michael Tipsord, State Farm president and chief operating officer who first joined the insurer in 1988, will succeed outgoing CEO Edward B. Rust Jr. in September as chief executive officer.Rust, in speaking during a...

Court Rejects Claim That Insurer Was to Blame for Crash Costs

Jun 1 2015 // A lower court was right to dismiss a man’s claim that his auto insurance company should pay his costs in a wrongful death case for a crash he caused because the insurer didn’t push him to have more coverage,...

State Farm Signs on as ‘Safety Patrol’ Sponsor of North Carolina Motorist Program

May 13 2015 // North Carolina’s initiative to help stranded roadside motorists for free now has a “good neighbor” supporting it.The state Department of Transportation announced this week that it has signed a four-year...

Mississippi AG Sues Over State Farm Katrina Claims

May 4 2015 // Mississippi Attorney General Jim Hood has sued State Farm Fire and Casualty Co. for allegedly shifting hundreds of millions of dollars in Hurricane Katrina wind claims to the state by mislabeling them flood claims.The...

Mississippi AG Hood Sues State Farm, Alleges Katrina Claims Fraud

Apr 21 2015 // Mississippi Attorney General Jim Hood has sued State Farm Fire and Casualty Co. for allegedly shifting hundreds of millions of dollars in Hurricane Katrina wind claims to the state by mislabeling them flood claims.The...

State Farm to Pay $352.5M to Settle Texas Residential Overcharges Case

Mar 9 2015 // A settlement has been reached in a long-running dispute between the nation’s largest homeowners insurer and the state of Texas over premium overcharges.The Texas Office of Public Insurance Counsel (OPIC) announced on...

State Farm Reports 2014 Underwriting Loss, Operating Profit

Mar 4 2015 // State Farm reported an underwriting loss in 2014, though investment and other income still helped leave it with an operating profit.The insurer’s combined property/casualty underwriting loss landed at $939 million,...

A.M. Best: State Farm Lloyds Ratings Unchanged After Texas Settlement

Mar 4 2015 // A.M. Best says the financial strength rating of B++ (Good) and the issuer credit ratings of “bbb” of State Farm Lloyds in Dallas are unchanged following the announcement that it has reached a settlement...

State Farm to Pay $352.5M to Settle Texas Residential Overcharge Case

Feb 27 2015 // A settlement has been reached in a long-running dispute between the nation’s largest homeowners insurer and the state of Texas over premium overcharges.The Texas Office of Public Insurance Counsel (OPIC) announced...

Mississippi Supreme Court to Hear Katrina Case of Home Hit by Casino Barge

Jan 26 2015 // The Mississippi Supreme Court will consider whether a judge was wrong in finding that an insurance company was not liable for damage caused when the Grand Casino barge was torn from its moorings during Hurricane Katrina...

Katrina Whistleblower Case Set for Arguments in February

Jan 26 2015 // State Farm Fire and Casualty Co. has appealed an order that it pay legal fees and damages of $3 million in a whistleblower lawsuit in which a jury found the insurer defrauded the government in a policyholder claim after...

Sisters’ Whistleblower Case Over State Farm’s Katrina Claims Nears Court Date

Jan 5 2015 // State Farm Fire and Casualty Co. has appealed an order that it pay legal fees and damages of $3 million in a whistleblower lawsuit in which a jury found the insurer defrauded the government in a policyholder claim after...

Juror Witnesses Firsthand What the Hail Is Going on in Texas

Dec 8 2014 // The trial was representative of thousands of hail damage lawsuits presently pending in courts across Texas. The homeowner alleged that her roof was damaged in an April 2011 hail storm. Three months later, on June 23, 2011,...

State Farm Raising Auto Insurance Rates in Louisiana

Dec 1 2014 // State Farm is increasing auto insurance premiums in Louisiana for liability, collision and comprehensive coverage by a statewide average of 3.7 percent.The auto rate increase will generate $40.4 million annually from State...

State Farm Raising Auto Insurance Rates in Louisiana

Nov 19 2014 // Auto insurance rates will increase by an average of 4.4 percent beginning Dec. 8 for Baton Rouge, La., customers of State Farm Mutual Automobile Insurance Co.State Farm is Louisiana’s largest auto insurer, covering...

Oklahoma AG Warns of Insurer ‘Steering’ to Body Shops

Nov 17 2014 // Oklahoma Attorney General Scott Pruitt has issued a warning to citizens of his state regarding the practice of “steering” — where insurance companies strongly push consumers to take their vehicles to...