Latest State Farm Headlines

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

Allstate, State Farm, USAA Sue California Utility Over Wildfires

Jan 8 2019 // Several insurance companies have filed lawsuits blaming Pacific Gas & Electric Co. for a deadly California wildfire that destroyed 14,000 homes and triggered billions of dollars in insurance claims.The lawsuits filed...

Trial Lawyers Cite ‘Worst Corporate Conduct’ of 2018

Dec 31 2018 // Not surprisingly, the American Association for Justice—representing the country’s trial lawyers– takes a very different view of the civil justice system than does the U.S. Chamber’s Institute for Legal...

Farmers Expects $2.1B in Claims from California Wildfires

Dec 5 2018 // Farmers Insurance expects $2.1 billion in claims from the California wildfires in November.The Los Angeles, Calif.-based carrier said it has so far received more than 9,000 claims combined for the Camp Fire in Northern...

Morgan Stanley: State Farm, Allstate Largest Insurers Exposed to Alaska Quake

Dec 3 2018 // State Farm, Allstate and USAA have the lion’s share of exposure from the magnitude 7.0 earthquake that struck Alaska on Nov. 30, according to a Morgan Stanley Research brief put out on Monday.The epicenter was...

Former California Insurance Agent Arraigned on 40 Felony Grand Theft Counts

Nov 6 2018 // Anna Gabriela Garcia, 46, of Capistrano Beach, Calif., was arraigned and charged with 40 felony counts of grand theft after allegedly collecting premium payments from customers and diverting the funds of over $195,000 for...

RenaissanceRe to Acquire Tokio Millennium Re in $1.5 Billion Deal

Oct 30 2018 // Bermuda-based RenaissanceRe Holdings has agreed to pay about $1.5 billion to acquire Tokio Marine’s reinsurance platform (TMR), which includes Tokio Millennium Re AG and Tokio Millennium Re (UK).If closing tangible...

State Farm Gets OK to Deploy Drones to Inspect Florence Damage

Sep 21 2018 // The Federal Aviation Administration (FAA) recently granted a waiver to State Farm to allow the insurer the ability to inspect damage caused by Hurricane Florence.The approval, received just last week, allows State Farm to...

State Farm Purchases Naming Rights to Atlanta Hawks Arena

Sep 17 2018 // Philips Arena in Atlanta is being renamed for State Farm after a $192.5 million renovation.The Atlanta Hawks and the insurance company announced Aug. 29 they have reached a 20-year deal on naming rights for the arena,...

State Farm Settles, Avoids Racketeering Trial

Sep 17 2018 // Insurance giant State Farm on Sept.4 reached a $250 million preliminary settlement in a federal class-action lawsuit claiming the company funneled money to the campaign of an Illinois Supreme Court candidate.The lawsuit...

State Farm to Cut Rates in New York

Sep 17 2018 // State Farm Mutual Automobile Insurance Co. has announced plans to cut its rates in New York state.As a result, the company’s overall personal auto rate in New York will drop by 3.4 percent. The total statewide...

Georgia Woman Arrested for Torching Home, Filing Claim with State Farm

Sep 11 2018 // A Habersham County, Ga., woman has been charged with first-degree arson for allegedly setting fire to her home and one count of insurance fraud for submitting a fraudulent insurance claim, according to a statement from...

State Farm Scores 2 Sports Venue Naming Rights Deals

Sep 7 2018 // One of the sports world’s biggest advertisers, State Farm doubled down this week, buying the naming rights for the home venues of the Atlanta Hawks and Arizona Cardinals.State Farm Arena and State Farm Stadium,...

State Farm Inks Naming Rights Deal for Arizona Cardinals Stadium

Sep 6 2018 // The Arizona Cardinals’ home field is changing its name to State Farm Stadium.The team announced this week that it has reached an 18-year naming rights deal with the insurance giant. The facility has been known as...

State Farm Agrees to Pay $250 Million, Avoids Racketeering Trial

Sep 4 2018 // State Farm agreed to pay $250 million on the brink of a trial to customers who claimed the company tried to rig the Illinois justice system to wipe out a $1 billion jury verdict from 19 years ago.The customers were seeking...

RICO Case Against State Farm Set for Trial in Illinois Federal Court

Aug 31 2018 // A class action lawsuit against insurance giant, State Farm, alleging the company recruited a judge to run for an opening on the Illinois Supreme Court and funded, without disclosing it, his 2004 election campaign is set to...

State Farm Mutual Automobile Insurance Company Announces New York Rate Cut

Aug 31 2018 // State Farm Mutual Automobile Insurance Company has announced it will cut its rates in New York.As a result, its overall personal auto rate will drop by 3.4%. The total state-wide expected impact for State Farm Mutual by...

State Farm Purchases Naming Rights to Atlanta Hawks Arena

Aug 31 2018 // Philips Arena in Atlanta is being renamed for State Farm after a $192.5 million renovation.The Atlanta Hawks and the insurance company announced Wednesday they have reached a 20-year deal on naming rights for the arena,...

State Farm to Cut Auto Rates in North, South Carolina

Jul 16 2018 // State Farm Mutual Automobile Insurance Co. will decrease its auto rates in North and South Carolina, impacting more than 2 million customers in both states.According to a statement from the insurer, State Farm’s...

State Farm to Cut Auto Rates in Penn.

Jul 16 2018 // State Farm Mutual Automobile Insurance Co. plans to cut its rates in Pennsylvania. The total statewide expected impact of this rate change for State Farm Mutual in Pennsylvania is approximately $49.5 million, set to affect...

State Farm to Cut Auto Rates in North, South Carolina

Jun 29 2018 // State Farm Mutual Automobile Insurance Co. will decrease its auto rates in North and South Carolina, impacting more than 2 million customers in both states.According to a statement from the insurer, State Farm’s...