Latest State Farm Headlines

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

State Farm Sues Sandusky Over Policy Coverage

Aug 6 2012 // State Farm has filed a lawsuit in Pennsylvania on July 19 against former Penn State assistant football coach Jerry Sandusky. In its complaint, State Farm Fire and Casualty Co. asked a judge to declare that the...

State Farm Pulling Its Ads From Penn State Football Broadcasts

Jul 26 2012 // State Farm is pulling its ads from Penn State football broadcasts, while General Motors is reconsidering its sponsorship deal and Wall Street is threatening to downgrade the school’s credit rating, suggesting the...

Florida Regulators Question State Farm’s 57% Rate Hike for Landlords

Jul 26 2012 // Florida regulators are expressing concern over a State Farm Florida proposed statewide average 57.3 percent rate hike in insurance rates for landlords that will result in higher premiums while the insurer continues not to...

State Farm: Sandusky’s Homeowners Policy Doesn’t Cover His Legal Bills

Jul 23 2012 // State Farm has filed a lawsuit in Pennsylvania last Thursday against former Penn State assistant football coach Jerry Sandusky.In its complaint, State Farm asked a judge to declare that the insurer’s...

State Farm’s Ziemann Elected IASA President

Jul 3 2012 // The Insurance Accounting & Systems Association Inc. (IASA) has elected Louise Ziemann of State Farm to serve as president of the association for the 2012 – 2013 fiscal year.Ziemann holds both the CPCU and CLU...

J.D. Power: Auto Insurance Satisfaction Reaches All-Time High

Jul 2 2012 // Overall customer satisfaction with auto insurance companies has reached an all-time high, according to the Westlake Village, Calif.-based J.D. Power and Associates’ 2012 U.S. Auto Insurance Study.The satisfaction...

State Farm Seeks 14.9% Jump in Florida Property Insurance Rates

Jun 28 2012 // Florida’s third largest property insurer is seeking a statewide average 14.9 percent increase in property rates as part of a plan to shore-up its fiscal condition while revamping the deductibles and discounts it...

Customer Satisfaction with Auto Insurers at New High: J.D. Powers

Jun 26 2012 // Overall customer satisfaction with auto insurance companies has reached an all-time high, according to the J.D. Power and Associates 2012 U.S. Auto Insurance Study.The satisfaction rate was driven primarily by increases in...

Geico Spends 6.5% of Premiums on Advertising

Jun 26 2012 // Geico, billionaire investor Warren Buffett’s auto insurer, spent far more than property insurance peers on advertising in 2011, both on an absolute basis and as a percentage of the business the company wrote,...

State Farm to Hire 500 for Operations Center in Atlanta

Jun 18 2012 // Georgia Gov. Nathan Deal announced that Georgia’s largest writer of homeowners policies will bring 500 jobs to a new operations center in metro Atlanta. Deal made the announcement last Friday that the jobs for State...

Best Affirms State Farm Mutual, Affiliates & Subs Ratings

Jun 4 2012 // 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...

Ratings Roundup: Top Layer Re, Ardellis, BEST RE

May 22 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit rating (ICR) of “aa-” of Bermuda-based Top Layer Reinsurance Ltd., both with stable outlooks. Best...

Texas Attorney General Fighting State Farm Non-Renewal Plans

May 21 2012 // Texas Attorney General Greg Abbott is taking issue with one of the nation’s largest homeowners insurer’s plan to non-renew thousands of policies for properties along the Gulf Coast.Abbott said his office is...

Woof! California Top Dog In Bites

May 16 2012 // California is the top dog in State Farm’s annual list of dog bite claims, and the state’s reported 527 dog bite claims and more than $20 million paid out in 2011 by the Bloomington, Ill.-based carrier...

Texas Attorney General Takes on State Farm Non-Renewal Plans

May 4 2012 // Texas Attorney General Greg Abbott is taking issue with one of the nation’s largest homeowners insurer’s plan to non-renew thousands of policies for properties along the Gulf Coast.Abbott said his office is...

Actuary Analyzes Insurance Twitter Messages, Wins Prize

Apr 11 2012 // Usually actuaries focus on insurance rates and loss reserves, not advertisements. But according to one actuary: Jake, the State Farm agent whom a jealous housewife was convinced was up to no good with her husband –...

Look Out Gecko and Flo, ‘Mayhem’ Man, QB and Professor Are Gaining On You!

Mar 29 2012 // The gecko, caveman and sales clerk Flo might want to check their retirement plans. Their brands are getting overshadowed by competition from “upstarts” like the Allstate mayhem man, State Farm’s QB Aaron...

Agents Say Some Are Gaming System, Overselling Citizens’ Policies

Mar 19 2012 // Independent agents in Florida are calling on the state-run property insurer Citizens Property Insurance Corp. to staunch the flow of policies from agents employed by direct writers.The independent agents, who represent...

State Farm Profit Took Hit in Stormy 2011

Mar 1 2012 // State Farm lost $4.5 billion on its property/casualty underwriting in 2011 – which is $1.3 billion more than it lost in 2010. The Bloomington, Illinois-based mutual insurer cited catastrophe claims as the main reason for...

State Farm to Hire 3,000

Feb 20 2012 // Illinois-based State Farm Insurance plans to hire 3,000 people across the U.S. and Canada, filling many positions left empty during the recession, and add 900 agents. Bloomington, Ill.-based State Farm said it is accepting...