Farmers Insurance Group News

Farmers Introduces Rideshare Insurance Coverage in Arkansas

Los Angeles-based Farmers Insurance has launched Rideshare Insurance Coverage for ride-hailing drivers in Arkansas. Farmers worked with representatives of the Arkansas Insurance Department, legislators and leaders of Transportation Network Companies (TNCs) to develop a product specifically designed to provide ride-hailing …

Farmers and Foremost to Pay South Dakota $750K after Probe

South Dakota insurance regulators and two insurance groups have reached a settlement that will result in a $750,000 total penalty against the companies. The state’s Division of Insurance announced the settlement with Farmers Insurance Group and Foremost Insurance Group. The …

Dead L.A. Stadium $5.8M in Free Publicity for Farmers

Farmers Insurance Group received nearly $6 million in free media exposure for putting its name on a downtown Los Angeles stadium that will never be built. Anschutz Entertainment Group this week announced that it was no longer pursuing a $1.2 …

Farmers Files Suit Against Multiple N.Y. No-Fault Medical Providers

Los Angeles-based Farmers Insurance Group announced that Farmers Insurance Exchange, one of the insurers comprising Farmers Insurance Group, and affiliates have filed a lawsuit in the state Supreme Court of New York against more than six New York no-fault medical …

Former Oklahoma Police Officer Sentenced in Auto Insurance Scam

A former police officer has been sentenced to serve 10 days of weekend imprisonment and three years of supervised probation in an auto insurance fraud case, according to Sanford C. Coats, U.S. Attorney for the Western District of Oklahoma. Clinton …

Texas Insurance Community Aims High in United Way Campaign

Texas insurance companies and agency partners are challenging themselves and other insurance industry professionals to raise the bar for philanthropy and volunteerism on behalf of the United Way for Greater Austin. So far they are on track, with contributions coming …

Best Affirms Members of Farmers Insurance Group Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of the members of Farmers Insurance Group and Farmers Reinsurance Company. Best also affirmed the ICR of “a” of Farmers’ …

Farmers to Close 21st Century Insurance Call Center in N.Y.

Los Angeles-based Farmers Insurance Group is continuing its integration effort with 21st Century Insurance, an auto insurance company it acquired from American International Group for approximately $1.9 billion in 2009. This month, Farmers announced that it will be closing a …

Utah Man Accused of Killing Officer Sues Insurer

An Ogden man accused of killing a police officer during a drug raid at his home is suing his insurance company over its rejection of his homeowner’s damage claim stemming from the shootout. Matthew Stewart, in his complaint filed Jan. …