State farm News

Private Auto Premiums See Largest Q3 Growth in 10 Years: SNL

Private auto insurance industry direct premiums written rose 5.13 percent in the third quarter of 2014, the largest third-quarter year-over-year growth in the past 10 years, according to an analysis by SNL Financial. The 30 largest auto writers by market …

Juror Witnesses Firsthand What the Hail Is Going on in Texas

Alejandro Stolarski is a United States citizen who emigrated from Mexico. Stolarski resides in Dallas County. Like hundreds of other Dallas County residents each week, Stolarski received a notice in the mail for jury duty. But unlike most Dallas County …

State Farm Raising Auto Insurance Rates in Louisiana

Auto insurance rates will increase by an average of 4.4 percent beginning Dec. 8 for Baton Rouge, La., customers of State Farm Mutual Automobile Insurance Co. State Farm is Louisiana’s largest auto insurer, covering about one in three vehicles. The …

Homeowner Insurance Rate Hikes not Challenged by Texas Commissioner

The Texas insurance commissioner has allowed the three largest home insurers to impose significant rate hikes on many policyholders despite the objections of a state consumer advocate. Insurance Commissioner Julia Rathgeber can reject any new rates that are deemed excessive …

Insurer Says OK to Settlement in Wrongful Death Suit Against Hawaii Driver

A $1.1 million settlement has been reached in a wrongful death lawsuit involving the death of a 26-year-old pedestrian. The settlement came in a civil lawsuit against Robert Wayne Yount, 83, and the civil case will be dismissed, The Garden …

Washington Sheriff’s Deputy Charged With Insurance Fraud

Jeremy B. Jeske, 43, a Spokane County Sheriff’s deputy, has been charged with two counts of insurance fraud in connection with a case that was investigated by Washington Insurance Commissioner Mike Kreidler’s Special Investigations Unit. According to the investigators, Jeske …

Louisiana Commissioner Asks State Farm to Offer Lower Hurricane Deductible

Insurance Commissioner Jim Donelon has asked State Farm Fire and Casualty Co. (State Farm) to offer its Louisiana policyholders Louisiana the option of a 2 percent hurricane deductible on their homeowners’ insurance policies by paying the actuarially needed difference in premium, if …

State Farm Increases Hurricane Deductible in Louisiana to 5%

One month into the hurricane season, State Farm’s 308,000 Louisiana homeowner’s customers are confronting an unpleasant change: their policies now include a mandatory 5 percent hurricane deductible. State Farm spokesman Gary Stephenson tells The Advocate the hurricane deductible was included …

Dogs Take Big Bite Out of Liability Insurance

Dog bites accounted for more than one-third of all homeowners insurance liability claim dollars paid out in 2013, costing more than $483 million, according to the Insurance Information Institute (III) and State Farm, the nation’s largest writer of homeowners insurance. …

Florida Court: ‘Exploding Corpse’ Not Covered Under Property Policy

A Florida circuit court has found that a condominium owner’s property policy did not include coverage for the “explosion” of an advanced decompose body since it did not fall under a name peril listed in the insured’s policy. Florida’s Fourth …