All the headlines from our State Farm Topic Page, ordered by recency.
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,...
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...
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...
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...
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...
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...
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,...
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...
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...
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...
Nov 9 2014 // Oklahoma Attorney General Scott Pruitt is warning citizens of his state about the practice of “steering” — where insurers strongly push consumers to take their vehicles to “preferred” auto body...
Nov 3 2014 // State Farm Insurance is seeking federal approval to test drones in evaluating property damage and responding to natural disasters.The (Bloomington) Pantagraph reported that the Bloomington, Ill.-based company has filed an...
Oct 27 2014 // State Farm insurance company is seeking federal approval to test drones in evaluating property damage and responding to natural disasters.The (Bloomington) Pantagraph reported that the Bloomington-based company has filed...
Sep 22 2014 // Texas’ insurance commissioner has allowed the three largest home insurers to impose significant rate hikes on many policyholders despite the objections of a state consumer advocate.Insurance Commissioner Julia...
Sep 15 2014 // The Texas insurance commissioner has allowed the three largest home insurers to impose significant rate hikes on many policyholders despite the objections of a state consumer advocate.Insurance Commissioner Julia Rathgeber...
Sep 8 2014 // When an insurance agent is sued for professional negligence, a question arises as to whether the breach of the agent’s duty of care requires the testimony of another insurance agent or broker who testifies that the...
Sep 8 2014 // Alleging “a culture of unsafe business practices” in its handling of vehicle repairs, Louisiana’s attorney general has filed suit against insurance giant State Farm.Attorney General Buddy Caldwell’s...
Aug 28 2014 // State Farm has added object recognition technology to their Pocket Agent app to make submitting an auto claim via a mobile device easier and simplify the claims process. This new technology reduces the need for typing by...
Aug 19 2014 // Alleging “a culture of unsafe business practices” in its handling of vehicle repairs, Louisiana’s attorney general has filed suit against insurance giant State Farm.Attorney General Buddy Caldwell’s...
Aug 11 2014 // Insurers writing predominantly personal lines of insurance do a better job in satisfying their small business customers than insurers focused more on commercial lines, a new survey contends.According to the J.D. Power 2014...