All the headlines from our State Farm Topic Page, ordered by recency.
Feb 13 2009 // Florida Insurance Commissioner Kevin McCarty has offered a withdrawal plan for State Farm Florida Insurance Co. and its parent company with major conditions that were not in the original plan submitted by the insurer.In...
Feb 6 2009 // After State Farm announced it would be leaving behind 1.2 million property policyholders within the next two years, state officials expressed confidence that the private insurance market, including a number of relatively...
Feb 5 2009 // State Farm Florida has lost hundreds of millions of dollars in the state in the last decade and risks insolvency if it continues writing property insurance here, company executives told a legislative committee this...
Feb 4 2009 // Florida Chief Financial Officer Alex Sink is urging State Farm Florida to “immediately” let its agents do business with other insurance companies for their more than one million policyholders now that State...
Feb 3 2009 // Louisiana homeowners stunned by their rising insurance rates should remember that it could be worse. They could live in Florida.State Farm announced recently that it will stop doing business in Florida, the first big firm...
Jan 30 2009 // State Farm says it will resume selling renters insurance in parts of Mississippi away from the Gulf Coast. Company spokesman David Majors said that State Farm will still not selling new homeowners policies anywhere in the...
Jan 30 2009 // Standard & Poor’s Ratings Services has issued a bulletin indicating that “its ‘3’ Lloyd’s Syndicate Assessment (LSA) on Chaucer – Syndicate 1084 is not affected by the announcement...
Jan 30 2009 // State Farm’s withdrawal from Florida’s property insurance market hasn’t changed its Alabama coastal coverage.State Farm spokesman David Majors said the company will resume offering wind coverage in small...
Jan 30 2009 // Florida Insurance Commissioner Kevin McCarty has issued a subpoena to State Farm Florida Insurance Co. requesting detailed information about the company’s Florida property insurance policyholders.The request comes in...
Jan 27 2009 // Florida is losing its largest property insurance company.State Farm Florida Insurance announced today it is beginning the process that will allow it to non-renew policies and halt all sales of homeowners or other...
Jan 25 2009 // Dozens of Hurricane Katrina-related lawsuits filed by Richard “Dickie” Scruggs for policyholders against State Farm Fire and Casualty Co. have been settled. Terms of the settlements are confidential. Officials...
Jan 25 2009 // Florida Insurance Commissioner Kevin McCarty has affirmed the ruling of an administrative law judge and officially disapproved a State Farm Insurance homeowners rate filing that has been in dispute since last July.McCarty...
Jan 20 2009 // Bloomington, Illinois-based State Farm Insurance Cos. has cut ties to an Indian company mired in a $1 billion fraud scandal, according to a published report.State Farm terminated a contract with longtime vendor Satyam...
Jan 15 2009 // Dozens of Hurricane Katrina-related lawsuits filed by Richard “Dickie” Scruggs for policyholders against State Farm Fire and Casualty Co. have been settled.Terms of the settlements are confidential. Officials...
Jan 13 2009 // Florida Insurance Commissioner Kevin McCarty has affirmed the ruling of an administrative law judge and officially disapproved a State Farm Insurance homeowners rate filing that has been in dispute since last July.McCarty...
Jan 11 2009 // A federal judge in New Orleans in late December 2008 dismissed an antitrust lawsuit Louisiana’s former attorney general filed against some of the nation’s largest insurance companies after hurricanes Katrina...
Dec 19 2008 // A federal judge in New Orleans has dismissed an antitrust lawsuit Louisiana’s former attorney general filed against some of the nation’s largest insurance companies after hurricanes Katrina and Rita.The suit,...
Dec 15 2008 // An administrative law judge in Florida on Friday rejected a 47.1 percent average rate increase sought by State Farm Florida, the state’s largest privately owned property insurer.The Florida-only affiliate of...
Nov 24 2008 // California Insurance Commissioner Steve Poizner has approved homeowners insurance rate increases for State Farm and Farmers, increasing premiums by a combined $115 million.State Farm customers will soon face an average 6.9...
Nov 24 2008 // The 2008 hurricane season came very close to presenting, on a large scale, the potential quandary caused by successive losses. On Sept.1, 2008, Hurricane Gustav came ashore and caused substantial damage from the Louisiana...