All the headlines from our State Farm Topic Page, ordered by recency.
Jun 20 2005 // Efforts to improve auto insurance markets in New Jersey and Massachusetts, two of the worst states in which to write auto coverage, have yielded several important conclusions.One of the most important is the realization...
Jun 15 2005 // A.M. Best Co. has downgraded the financial strength rating to B+ (Very Good) from A- (Excellent) for State Farm Florida Insurance Company (State Farm Florida) (Winter Haven, Fla.). The rating has been removed from under...
Jun 6 2005 // FLORIDAFla. CFO: “Prepare Now for Hurricanes” After an un-precedented hurricane season last year and experts predicting the formation of more than 13 named Atlantic storms this season, Florida’s Chief...
May 24 2005 // New competitive intelligence from Keynote Systems, The Internet Performance Authority, reported that the Web is the primary resource for auto insurance consumers with 87 percent visiting sites with the intention of...
May 23 2005 // A State Farm Insurance request for a 10 percent decrease for private passenger automobile insurance customers has been approved by the West Virginia Insurance Commission. The request was submitted last month Gov. Joe...
May 23 2005 // As of May 1, State Farm Insur-ance began accepting applications from West Virginia homeowners and businesses for new insurance policies. The company is the largest property and casualty insurer in West Virginia and in the...
May 23 2005 // GEORGIALicensing System Changes The Georgia Insurance Comm-ission held “Ind-ustry Day Meet-ings” across the state in May to discuss recent changes to the licensing system.In an effort to be responsive to agent...
May 17 2005 // Two State Farm Insurance Co. customers have filed suit, claiming the company illegally converted the homeowner policies of hundreds of thousands of Louisiana residents in ways that effectively raised their rates and...
May 11 2005 // Delaware Insurance Commissioner Matt Denn announced that State Farm Insurance, the state’s largest insurer of homes and second largest insurer of automobiles, would cut its automobile and homeowners insurance rates...
May 2 2005 // Insurers in West Virginia, reacting to the legislation singed last week that eliminates third-party, bad-faith lawsuits, have begun to take the first steps toward lowering insurance rates.State Farm Insurance Friday...
Apr 26 2005 // State Farm Insurance has announced that as of May 1 it will begin accepting applications from West Virginia homeowners and businesses for new insurance policies. The company is the largest property and casualty insurer in...
Apr 18 2005 // California Insurance Commissioner John Garamendi has approved a 4.2 percent reduction in personal auto policy rates for “loyal” State Farm customers, a savings of more than $110 million for those policyholders....
Apr 5 2005 // Insurance Commissioner John Garamendi has approved a -4.2 percent reduction in personal auto policy rates for “loyal” State Farm customers, a savings of more than $110 million for those policyholders.The...
Apr 1 2005 // The New York Court of Appeals has upheld the right of an insurance company to refuse to reimburse fraudulently incorporated medical providers for no-fault auto insurance claims even when the medical care provided is...
Feb 28 2005 // Despite a hurricane-ravaged third quarter, property/casualty insurers reported profits of $28.1 billion in the first nine months of 2004, representing a 22.4 percent increase over the $22.9 billion earned during the same...
Feb 21 2005 // The State Farm Insurance Bank is in a turf war, which pits North Carolina regulators against the federal Office of Thrift Supervision to determine who has jurisdiction over State Farm’s sale of $100,000-plus...
Feb 7 2005 // A California appellate court in San Francisco dismissed the claims of two former State Farm insurance agents in a lawsuit filed against the giant insurer over wrongful termination. The court also ordered a new trial in the...
Feb 3 2005 // The State Farm Insurance Bank is embroiled in a turf war which pits North Carolina regulators and the federal Office of Thrift Supervision to determine who has jurisdiction over State Farm’s sale of $100,000-plus...
Jan 23 2005 // State Farm Mutual Automobile Insurance Co., which insures about one out of every three cars in Louisiana, is cutting auto insurance rates by an average of 2.1 percent, according to the Associated Press.The cut is effective...
Jan 21 2005 // Indiana’s new Republican Gov. Mitch Daniels has named W. Harold Calloway, a State Farm agent, as the state’s new insurance commissioner. Calloway, 58, takes over an agency with a $15 million budget and 75...