Latest State Farm Headlines

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

State Farm Sponsors Tollway Help in $1.8M Deal

Sep 4 2013 // State Farm Insurance is spending $1.8 million to sponsor tow trucks that rescue motorists who are stranded on the Illinois Tollway.WJBC Radio reports the three-year sponsorship is the first of its kind of the northern...

Mississippi Auto Body Shops Ask Court to Halt State Farm’s Parts-Finder System

Aug 30 2013 // More than two dozen body shops are asking a Mississippi court to block an insurance company’s program that would change the way they find auto parts.The Mississippi Collision Repair Association and the body shops...

Judges Reject Challenge to Texas State Farm Rates

Aug 21 2013 // Two administrative law judges have rejected a consumer challenge to a recent 20-percent rate hike for Texas homeowners covered by State Farm Lloyd’s.The judges decided on Aug. 19 that the premiums for 1.2 million...

State Farm Targets NV Energy for Subrogation Over Reno Wildfire

Jul 29 2013 // State Farm Insurance plans to seek action against NV Energy for claims stemming from a November 2011 wildfire in Reno, Nev. sparked by arcing power lines.The wind-whipped fire destroyed 26 homes and damaged 17. It also...

Insurers Abandon Long Island After Superstorm, N.Y. Senator Schumer Says

Jun 25 2013 // Allstate Corp. is among insurers retreating from the Long Island, New York, homeowners market after superstorm Sandy and should be compelled to offer coverage there, New York Senator Charles Schumer said.Liberty Mutual...

Best Affirms RenaissanceRe; Top Layer Re Ratings; Outlooks Stable

Jun 13 2013 // RenRe and AffiliatesA.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Renaissance Reinsurance Ltd. (RenRe) and Renaissance...

Best Affirms State Farm Companies, Affiliates and Subs Ratings

May 31 2013 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+” of State Farm Mutual Automobile Insurance Company (SFMAIC) and its...

State Farm Appeals Katrina Fraud Ruling in Mississippi

May 20 2013 // State Farm Fire and Casualty Co. is asking a judge to void a jury’s finding that the company defrauded the government in a case involving a policyholder claim after Hurricane Katrina.The verdict came in April in a...

On a Leash: Dog Bite Insurance Claim Trends

May 15 2013 // Dog bites accounted for more than one-third of all homeowners insurance liability claim dollars paid out in 2012, costing more than $489 million, according to the industry’s Insurance Information Institute (III) and...

State Farm Appeals Katrina Fraud Ruling in Mississippi

May 13 2013 // State Farm Fire and Casualty Co. is asking a judge to void a jury’s finding that the company defrauded the government involving a policyholder claim after Hurricane Katrina.Motions filed in U.S. District Court in...

Top 10 States for Hail Claims: State Farm

May 6 2013 // Damage caused by wind and hail cost State Farm Insurance and its policyholders more than $3.9 billion in 2012, the company said. According to State Farm, the top 10 states for wind/hail losses are: Texas — 47,000...

2 Judges Consider State Farm Rates in Texas

Apr 26 2013 // The state’s consumer advocate has challenged State Farm Insurance Co.’s 20 percent rate hike for Texas homeowners as being too high. Public Insurance Counsel Deeia Beck on April 24 urged two administrative law...

State Farm: 4,400 Wind-Hail Damage Claims in West Virginia in 2012

Apr 22 2013 // State Farm says the most common homeowner insurance claims in West Virginia are from wind and hail damage. The insurance company says there were nearly 4,400 such claims in the state last year. State Farm says the average...

Mississippi Jury: State Farm Defrauded Flood Program

Apr 22 2013 // A federal jury in Mississippi recently found that State Farm Fire and Casualty Co. avoided covering a policyholder’s wind losses by blaming the damage on storm surge, which is covered by the federal flood...

Top 10 States for Hail Claims: State Farm

Apr 17 2013 // Damage caused by wind and hail cost State Farm and its policyholders more than $3.9 billion in 2012. According to State Farm, the states with the most wind/hail losses include: Texas—47,000 claims Illinois—41,000...

Jury Finds State Farm Defrauded Flood Insurance Program

Apr 10 2013 // A federal jury in Mississippi has found that State Farm Fire and Casualty Co. avoided covering a policyholder’s wind losses by blaming the damage on storm surge, which is covered by federal flood insurance.The...

Analysis Highlights Sandy’s Impact on Underwriting Results

Mar 25 2013 // Financial information firm SNL Financial’s preliminary analysis of more than 2,600 individual P/C filer’s 2012 statutory data illustrates how big of an impact Superstorm Sandy had on the filers’...

SNL Analysis Highlights Sandy’s Impact on P/C Underwriting Results

Mar 14 2013 // Financial information firm SNL Financial’s preliminary analysis of more than 2,600 individual property/casualty filer’s statutory data illustrates how big of an impact Superstorm Sandy had on the filers’...

State Farm: No Plans to Move Illinois Headquarters

Feb 25 2013 // State Farm Insurance Co. says it isn’t moving its headquarters from Bloomington, despite recent media reports that the Illinois-based company is adding major office space in Dallas, Atlanta and Phoenix.News reports...

California Commissioner Fingers Insurers for Iran Investments

Feb 25 2013 // California Insurance Commissioner Dave Jones in mid-February singled out eight insurers licensed to do business in the state that continue to have investments tied to Iran’s energy, military and nuclear...