All the headlines from our State Farm Topic Page, ordered by recency.
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...
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...
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...
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...
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...
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 –...
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...
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...
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...
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...
Feb 6 2012 // Illinois-based State Farm Insurance said it will hire 3,000 people across the U.S. and Canada, filling many positions left empty during the recession, and add 900 agents.The news follows an announcement by Chrysler that it...
Jan 9 2012 // Two insurers that together hold the lion’s share of the homeowners insurance market in Texas are either in the process of raising rates or have filed for increases.Insurance Commissioner Eleanor Kitzman on Dec. 1,...
Dec 16 2011 // State Farm Insurance has asked an appeals court to throw out an order requiring the company to refund about $350 million to Texas customers.A three-judge panel of the 3rd Court of Appeals in Austin took the case under...
Dec 9 2011 // Louisiana has allowed its largest insurer of homes to raise its rates by an average 7.8 percent.State Farm Fire and Casualty Co. spokeswoman Molly Quirk told The Associated Press that the $32.2 million increase goes into...
Dec 2 2011 // A new insurance commissioner has allowed State Farm to charge higher rates and deductibles in Texas.State Farm Insurance on Dec. 1 was authorized to switch many of its 1.2 million homeowner policies to a higher deductible....
Nov 16 2011 // If you live in Texas, Illinois or Ohio, you’re more likely to experience a cooking fire on Thanksgiving Day than those in other states.That’s according to claims data from Illinois-based State Farm Insurance....
Nov 7 2011 // U.S. Sen. Richard Blumenthal (D-Conn.) recently called on State Farm to drop its hurricane deductible for Connecticut residences whose homes were damaged by Tropical Storm Irene. But State Farm shows no sign of giving in...
Oct 26 2011 // Drivers in Alabama insured through State Farm will be paying slightly less for coverage beginning next month. State Farm Mutual Automobile Insurance Co. announced it would reduce its Alabama auto insurance rates by a...
Oct 17 2011 // Tornadoes and thunderstorms in the South and Midwest made the 2011 second quarter tumultuous for U.S. property writers.The industry loss ratio, before consideration of reinsurance, climbed to 70.6 percent, marking the...
Oct 14 2011 // State Farm Insurance says U.S. Senator Richard Blumenthal’s request that the company drop Irene-related hurricane deductibles in Connecticut would actually be unfair to policyholders and introduce all sorts of...