Latest State Farm Headlines

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

California Approves Pay-As-You-Drive Insurance Programs

Dec 2 2010 // California Insurance Commissioner Steve Poizner has approved filings by the Automobile Club of Southern California and State Farm Mutual Automobile Insurance to offer pay-as-you-drive insurance.The PAYD Insurance program...

Judge Schedules Motions in State Farm Whistleblower Suit in MIssissippi

Oct 29 2010 // A federal whistleblower lawsuit filed against State Farm Fire & Casualty Co. will not go to trial Dec. 1 as scheduled. Instead, U.S. District Court Judge L.T. Senter Jr. has decided to hold a status conference on the...

State Farm Florida Ratings Lowered by A.M. Best

Aug 4 2010 // A.M. Best Co. has downgraded the financial strength rating to B- (Fair) from B (Fair) and issuer credit rating to bb- from bb of State Farm Florida Insurance Co., which is based in Winter Haven. The outlook for both...

State Farm Lowers Rates in West Virginia

Aug 4 2010 // State Farm Mutual Automobile Insurance Co., the largest insurer of autos in West Virginia and in the nation, is decreasing its overall rate level in West Virginia an average of 0.2 percent effective Aug. 30. After this...

State Farm Won’t Add New Flood Policies but Agents Will Still Sell Them

Jun 21 2010 // State Farm Insurance Co. has decided to discontinue writing new flood insurance policies with the National Flood Insurance Program but the company says it will still service existing policies, and State Farm agents will...

State Farm Won’t Add New Flood Policies but Agents Will Still Sell Them

Jun 8 2010 // State Farm Insurance Co. has decided to discontinue writing new flood insurance policies with the National Flood Insurance Program but the company says it will still service existing policies and State Farm agents will...

State Farm First To Offer Pay-As-You-Drive Insurance in Calif.

Jun 1 2010 // State Farm Mutual Automobile Insurance Co. is the first insurer to submit an application to the California Department of Insurance to offer a program that rewards drivers who voluntarily drive fewer miles with lower auto...

State Farm First Insurer to Apply to Offer Californians Pay-As-You-Go

May 26 2010 // State Farm Mutual Automobile Insurance Co.is the first insurer to submit an application to offer an program that rewards California drivers who voluntarily drive fewer miles with lower auto insurance rates.State Farm is...

State Farm to Seek Home Insurance Rate Hike in Mississippi

May 26 2010 // State Farm will file a rate increase with Mississippi Insurance Commissioner Mike Chaney in the next few months.Company spokesman David Majors said that details are still being worked out. Last year, State Farm boosted...

State Farm Gets 9.9% Homeowners Rate Hike in Louisiana

May 10 2010 // State Farm Fire and Casualty Co., Louisiana’s largest residential insurer, has been approved for an average 9.9 percent rate increase for homeowners’ coverage in Louisiana.However, coastal areas vulnerable to...

Judge Sides with State Farm in Rate Hike Information Case

May 3 2010 // A judge in Austin has blocked regulators from posting on the Texas Department of Insurance Web site certain documents on two rate filings by State Farm Insurance Cos. that would increase homeowners insurance premiums for...

Ratings Roundup: Reserve National, Alaska Timber, State Farm (NJ)

Apr 29 2010 // Standard & Poor’s Ratings Services is keeping its ‘A’ counterparty credit and financial strength ratings on Reserve National Insurance Co. on CreditWatch with negative implications. “We had...

Auto Insurers Begin Process of Recouping Losses from Toyota

Apr 20 2010 // Insurance companies are gearing up to recoup from Toyota money they paid for claims in crashes involving sudden acceleration, the subject of major safety recalls by the Japanese automaker. It could also mean money back for...

State Farm Sues TDI; Files to Increase Homeowners Rates in Louisiana

Apr 19 2010 // State Farm Fire and Casualty Co. filed a lawsuit against the Texas Department of Insurance after the state agency took the unprecedented move of publicizing on its Web site recent rate hike proposals by the...

Judge Says Texas Can’t Post Some State Farm Rate Hike Information

Apr 19 2010 // A judge in Austin has blocked regulators from posting on the Texas Department of Insurance Web site some documents on two rate rate filings by State Farm Insurance Cos. that would increase homeowners insurance premiums for...

State Farm Sues Texas Department of Insurance Over Web Postings

Apr 1 2010 // State Farm Insurance has filed a lawsuit against the Texas Department of Insurance after the state agency took the unprecedented move of publicizing on its Web site recent rate hikes by the company.Texas’ largest...

State Farm Files to Increase Homeowners Rates in Louisiana

Mar 31 2010 // State Farm Fire and Casualty Co. has filed an average 9.9 percent rate increase request for homeowners coverage in Louisiana, according to the Associated Press.State Farm is Louisiana’s largest home insurer with just...

Business Moves

Mar 22 2010 // Kinsale CapitalKinsale Capital Group has formed a Virginia-based E&S insurer, called Kinsale Insurance Co., which will underwrite commercial property/casualty and professional liability E&S lines in 31 states and...

Ratings Recap: GIC India, Top Layer Re, AIA (Australia), PartnerRe (notes)

Mar 15 2010 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of General Insurance Corporation of India (GIC), both with stable outlooks. The ratings...

State Farm to Offer Storm Mitigation Credits in Mississippi

Mar 4 2010 // State Farm will offer discounts in Mississippi beginning May 1 for homes and rental property strengthened against wind damage.Insurance Commissioner Mike Chaney told The Sun Herald that he approved State Farm’s plan...