Latest Farmers Insurance Headlines
All the headlines from our Farmers Insurance Topic Page, ordered by recency.
Confessions of Owning a Farmers Insurance Agency
Oct 17 2024 // This post is part of a series sponsored by Darkhorse Insurance. Ever wondered what it’s like to be a Farmers Insurance agent? In this eye-opening blog, a former Farmers agent spills the beans on the inside scoop. Get...
AM Best Revises Outlooks to Negative for Farmers Insurance of Flemington
Oct 2 2024 // AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Farmers Insurance Company of...
People Moves: Farmers Insurance Names Coleman President of Business Insurance
Apr 10 2024 // Farmers Insurance Names Coleman President of Business Insurance Farmers Insurance announced that Eric Coleman has joined the organization as president of Business Insurance, effective April 10. In this role, Coleman is...
Farmers Insurance Laying Off 11% of Workforce, Citing Industry Challenges
Aug 28 2023 // Farmers Insurance announced it will part ways with approximately 2,400 employees – 11% of its workforce across all lines of business. “Decisions like these are never easy, and we are committed to doing our best to...
Farmers Insurance Further Reducing Florida Business
Jul 11 2023 // One month after it announced it would stop writing new homeowner policies in Florida, Farmers Insurance now says it plans to cut back further on its presence in the hurricane-prone state. The Florida Office of Insurance...
Texas Supreme Court Sides with Farmers Insurance on Mold-Related Policy Changes
May 3 2021 // The Texas Supreme Court on April 9 reversed lower court rulings and found that Farmers Insurance was within its rights when it decided 19 years ago not to renew homeowners’ policies that it feared would have forced...
Farmers Insurance to Pay $25M in Settlement Over Oklahoma Earthquake Claims
Apr 19 2021 // Oklahoma has reached a $25 million settlement with Farmers Insurance over the company’s handling of earthquake claims, state officials say. Oklahoma Attorney General Mike Hunter and Insurance Commissioner Glen...
Indiana Farmers Insurance Will Enter Ohio in 2021
Apr 9 2021 // Indiana Farmers Insurance plans to enter the Ohio property/casualty insurance market this year. The Carmel, Indiana-based company, which distributes its products through independent insurance agents, will write commercial...
Oklahoma, Farmers Insurance Reach $25M Settlement Over Earthquake Claims
Apr 5 2021 // Oklahoma has reached a $25 million settlement with Farmers Insurance over the company’s handling of earthquake claims, state officials say. Oklahoma Attorney General Mike Hunter and Insurance Commissioner Glen...
Farmers Insurance Now Offering Direct-to-Consumer Policies in Louisiana
Mar 23 2021 // Farmers Insurance has launched a range of insurance products in Louisiana that consumers can customize. The company said Louisiana customers can now access quotes and purchase auto, home, condo, and renters products in a...
Farmers Insurance Returning to Louisiana
Mar 10 2021 // Louisiana insurance regulators have approved rate and form filings for Farmers Insurance in advance of California-based insurer’s re-entry into the Louisiana market. The Louisiana Department of Insurance reported...
Wyoming Department of Insurance Fines Farmers Insurance Exchange $150K
Aug 10 2020 // The Wyoming Department of Insurance announced the resolution of a matter against Farmers Insurance Exchange that resulted in monetary penalties against the carrier. The department entered an order approving a settlement...
Wyoming Department of Insurance Fines Farmers Insurance Exchange $150K
Jul 24 2020 // The Wyoming Department of Insurance announced the resolution of a matter against Farmers Insurance Exchange that resulted in monetary penalties against the carrier. The department entered an order approving a settlement...
Smith to Retire from Indiana Farmers Insurance; Search on for New CEO
Mar 9 2020 // Kimberly O. Smith, J.D, president and CEO of Carmel, Indiana-based Indiana Farmers Insurance, has announced she will retire effective January 2022. The board of directors has engaged the Carlisle Group, an executive search...
Farmers Insurance Expands Into South Carolina with Online Auto Insurance Policy
Feb 20 2020 // Farmers Insurance has launched its first auto insurance product in South Carolina, delivered exclusively through a new digital and customizable auto insurance policy available on Farmersdirect.com. The digital auto...
Farmers in California Names Noh CFO of Farmers Insurance Exchanges
Jun 4 2019 // Woodland Hills, Calif.-based Farmers Insurance has named Thomas Noh chief financial officer of the Farmers Insurance Exchanges. He succeeds Ron Myhan, who retired after nearly 40 years with Farmers. Noh is a finance...
Plymouth Rock Assurance Entering N.Y. Insurance Market With Latest Acquisition
Apr 17 2018 // Plymouth Rock Assurance Corporation (PRAC) is entering the New York insurance market with its acquisition of 21st Century National Insurance Company (National). PRAC previously brought its insurance portfolio to...
Minnesota Fines Farmers Insurance Exchange for Auto Coverage Overcharges
Aug 7 2017 // Minnesota Commerce Commissioner Mike Rothman has ordered an insurance company to refund more than $300,000 to Minnesota drivers who were charged higher auto insurance rates solely because they were renters rather than...
Farmers Insurance on the Hook for $100K in 2015 Oklahoma State Homecoming Crash
Jul 24 2017 // An insurance provider whose imprisoned client drove into a crowd at Oklahoma State University’s 2015 homecoming parade will pay out $100,000 to the victims. A judge is expected to decide how the money will be divided...
Minnesota: Farmers Insurance Exchange Overcharged Renters for Auto Coverage
Jul 21 2017 // Minnesota Commerce Commissioner Mike Rothman has ordered an insurance company to refund more than $300,000 to Minnesota drivers who were charged higher auto insurance rates solely because they were renters rather than...
