All the headlines from our State Farm Topic Page, ordered by recency.
Aug 26 2019 // Louisiana Insurance Commissioner James Donelon has issued a cease and desist order against State Farm in a dispute over hurricane deductibles before Hurricane Barry.The state Department of Insurance received a complaint...
Aug 19 2019 // An insurer’s payment of the appraisal value after disputing a claim does not establish that it was liable, nor does that payment prevent a policyholder from pursuing penalties under the Prompt Payment of Claims Act,...
Aug 7 2019 // State Farm said it is reducing its Kansas homeowners insurance rates by an average of 2.2 percent. The total statewide expected savings impact for State Farm customers by this rate decrease is approximately $5.1...
Aug 7 2019 // AM Best has upgraded the FSR to A- (Excellent) from B++ (Good) and the Long-Term ICR to “a-” from “bbb+” of State Farm Florida Insurance Co. (State Farm Florida) based in Winter Haven, Fla. The...
Aug 2 2019 // An insurer’s payment of the appraisal value after disputing a claim does not establish that it was liable, nor does that payment prevent a policyholder from pursuing penalties under the Prompt Payment of Claims Act,...
Jul 16 2019 // State Farm Mutual Automobile Insurance Co. will cut its rates in Hawaii for the third time in two years, the company announced. As a result, its overall personal auto rate will drop by 2.6 percent. The total state-wide...
Jul 1 2019 // Two more carriers are planning to lower their auto insurance rates in Louisiana, the state’s insurance department reported in June.Both Progressive Security Insurance Co. and Louisiana Farm Bureau have filed to...
Jun 19 2019 // The nation’s largest insurer has stepped up its investment in telematics, announcing this week an upgrade to its usage-based insurance program that allows policyholders to check on their driving habits trip-by-trip...
Jun 17 2019 // Louisiana Farm Bureau is following the downward trend in auto insurance rates started by State Farm and Progressive insurance companies, the Louisiana Department of Insurance reported.Louisiana Farm Bureau has filed for a...
Jun 5 2019 // State Farm said last week it had received over 6,000 homeowner claims and more than 5,000 auto claims related to severe weather that pummeled the Midwest on May 27 and 28.The company reported around 6,110 total homeowner...
May 28 2019 // State Farm Mutual Automobile Insurance Co. said it plans to cut overall personal auto rates in West Virginia by 5.5%. The expected total statewide impact for State Farm Mutual by this rate decrease in West Virginia will be...
May 21 2019 // State Farm has reduced its homeowners insurance rates by an average of 14.4 percent in Florida for current and future home insurance customers.The new rates went into effect May 15, 2019 for new business and July 1, 2019...
May 9 2019 // State Farm Mutual Automobile Insurance Co. is lowering its rates in Kansas, for the second time in two years.As a result, its overall personal auto rate will drop by 2.3 percent. The total state-wide expected impact for...
Apr 26 2019 // A bill aimed at lowering Louisiana’s sky-high auto insurance rates has passed the state House of Representatives.On April 23, House lawmakers passed HB 372, named the “Omnibus Premium Reduction Act of 2019,...
Apr 1 2019 // The importance of drones and aerial imagery rose to a new level in the wake of 2018 natural catastrophes as insurers made them an integral part of their disaster recovery procedures, particularly following the hurricanes...
Mar 21 2019 // A rare hailstorm hit normally sunny Southern California on Wednesday, as residents flocked to social media to post pictures of driveways, lawns and roofs blanketed in white nickel-size ice chunks.The National Weather...
Mar 19 2019 // State Farm Insurance Companies will cut its rates in Maryland for the second time in two years.As a result, its overall personal auto rate will drop by 1.4 percent. The total state-wide expected impact for State Farm by...
Mar 19 2019 // A new report from State Farm says that Illinois and Missouri were among the top states in the nation for hail damage in 2018, according to a new report from State Farm.Illinois ranks third with $330 million in paid hail...
Mar 18 2019 // Severe storms in Texas last week caused an estimated $30 million in damage and generated some 6,000 wind-related insurance claims, according to the Insurance Council of Texas, which joins State Farm Insurance in conducting...
Mar 18 2019 // State Farm Mutual Automobile Insurance Companies, the largest auto insurer in South Carolina, will cut its auto rates in the state for the second time in two years, according to a statement from the insurer.Overall...