All the headlines from our State Farm Topic Page, ordered by recency.
Jun 26 2018 // State Farm Mutual Automobile Insurance Company plans to cut its rates in Pennsylvania.The total state-wide expected impact of this rate change for State Farm Mutual in Pennsylvania is approximately $49.5 million, set to...
Jun 20 2018 // State Farm Mutual Automobile Insurance Co. plans to lower auto insurance rates rates in Missouri by 3 percent overall.The company said the total statewide savings for all State Farm customers affected by this rate decrease...
Jun 4 2018 // Approximately 950,000 State Farm Mutual Automobile Insurance Co. personal auto insurance customers in Alabama will see rate reductions starting this month, according to the nationwide insurance company.Thanks to the...
May 24 2018 // Approximately 950,000 State Farm Mutual Automobile Insurance Co. personal auto insurance customers in Alabama will see rate reductions starting next month, according to the nationwide insurance company.Thanks to the...
Apr 10 2018 // A lawsuit against U.S. Senate appointee Cindy Hyde-Smith of Mississippi has been permanently dismissed.The Daily Leader reports Mississippi Circuit Judge David Strong dismissed the case with prejudice April 3. That means...
Apr 2 2018 // State Farm recently started a spring storm campaign to educate consumers on hail damage. The insurer collected its homeowners’ claims data for hail damage based on total paid losses for 2017. That number totaled more...
Oct 16 2017 // Motorists are more likely to crash into a deer in five Midwest states than in most other states, according to State Farm’s annual ranking of states in terms of the likelihood of deer-vehicle collisions.The insurer...
Oct 6 2017 // For the 11th consecutive year, West Virginia has topped State Farm’s list for the likelihood of vehicles crashes involving deer.Using claims data, the Bloomington, Illinois-based insurer released its annual deer...
Oct 2 2017 // A former Illinois county board chairman who also previously worked for State Farm Insurance Co. as a consultant has been sentenced to 12 months and a day in federal prison after being convicted of a wire fraud scheme.In...
Sep 15 2017 // A former Illinois county board chairman who also previously worked for State Farm Insurance Co. as a consultant has been sentenced to 12 months and a day in federal prison after being convicted of a wire fraud scheme.In...
Jul 18 2017 // A.M. Best has upgraded the Financial Strength Rating (FSR) to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a-” from “bbb+” of State Farm Lloyds in...
May 11 2017 // California Insurance Commissioner Dave Jones announced today that State Farm has issued refunds totaling $13.3 million for overcharged premiums to 241,356 California consumers in compliance with his rate reduction order...
May 9 2017 // California Insurance Commissioner Dave Jones has approved rate reductions for two State Farm inland marine policies that he said will bring millions of dollars in premium savings for tens of thousands of boat owners and...
May 8 2017 // State Farm is planning to close its Tulsa operations center in 2019, and the state’s insurance commissioner is none too happy about it.According to the Associated Press, spokesman Justin Tomczak said the company will...
May 4 2017 // State Farm Mutual Automobile Insurance Co., the largest U.S. home and auto insurer, plans to shut 11 U.S. facilities, displacing about 4,200 workers, after a $7 billion annual underwriting loss last year on auto...
Apr 3 2017 // It took Jaclyn Bentley nearly three years to prove she didn’t burn her house down for the insurance money, allegations she and her lawyer say were born of the junk practice of analyzing cellphone tower data.She was...
Mar 30 2017 // U.S. personal auto underwriters increased premium rates “significantly” in 2016. But here’s the thing: it wasn’t enough.Loss trends are still outpacing rate changes. Also, the U.S. P/C industry...
Mar 20 2017 // The Mississippi Supreme Court won’t dismiss a state lawsuit against an insurance company over Hurricane Katrina claims.The Sun Herald reports that Attorney General Jim Hood’s lawsuit against insurance giant...
Mar 1 2017 // State Farm joined the ranks of property/casualty insurers reporting challenges in their auto insurance line of business. State Farm said it lost $7 billion on its auto insurance underwriting in 2016.The State Farm...
Feb 13 2017 // Washington Insurance Commissioner Mike Kreidler issued fines in January totaling $15,000 against insurance companies, agents and brokers for violating state insurance regulations.Following are the entities, the fines and...