Latest State Farm Headlines
All the headlines from our State Farm Topic Page, ordered by recency.
Top 10 States for Hail Claims: State Farm
Apr 17 2013 // Damage caused by wind and hail cost State Farm and its policyholders more than $3.9 billion in 2012. According to State Farm, the states with the most wind/hail losses include: Texas—47,000 claims Illinois—41,000...
Jury Finds State Farm Defrauded Flood Insurance Program
Apr 10 2013 // A federal jury in Mississippi has found that State Farm Fire and Casualty Co. avoided covering a policyholder’s wind losses by blaming the damage on storm surge, which is covered by federal flood insurance. The...
Analysis Highlights Sandy’s Impact on Underwriting Results
Mar 25 2013 // Financial information firm SNL Financial’s preliminary analysis of more than 2,600 individual P/C filer’s 2012 statutory data illustrates how big of an impact Superstorm Sandy had on the filers’...
SNL Analysis Highlights Sandy’s Impact on P/C Underwriting Results
Mar 14 2013 // Financial information firm SNL Financial’s preliminary analysis of more than 2,600 individual property/casualty filer’s statutory data illustrates how big of an impact Superstorm Sandy had on the filers’...
State Farm: No Plans to Move Illinois Headquarters
Feb 25 2013 // State Farm Insurance Co. says it isn’t moving its headquarters from Bloomington, despite recent media reports that the Illinois-based company is adding major office space in Dallas, Atlanta and Phoenix. News reports...
California Commissioner Fingers Insurers for Iran Investments
Feb 25 2013 // California Insurance Commissioner Dave Jones in mid-February singled out eight insurers licensed to do business in the state that continue to have investments tied to Iran’s energy, military and nuclear...
State Farm Plans to Expand Phoenix Metro Area
Feb 21 2013 // The State Farm insurance company is planning to grow its Arizona operations in the Phoenix metropolitan area. A State Farm spokesman confirmed Tuesday that the company will boost its established operations in metro Phoenix...
California Commissioner Fingers Insurers for Iran Investments
Feb 13 2013 // California Insurance Commissioner Dave Jones on Wednesday singled out eight insurers licensed to do business in the state that continue to have investments tied to Iran’s energy, military and nuclear sectors. During...
California Commissioner: $160M in Homeowner’s Rate Reductions
Feb 7 2013 // An average of a 12.6 percent insurance rate reductions is in store for California homeowners insured with State Farm General Insurance Co., according to an announcement from California Insurance Commissioner Dave Jones on...
State Farm Homeownes Rate Increase Denied in Louisiana
Jan 28 2013 // Louisiana Insurance Commissioner Jim Donelon has declined to approve a recent homeowners rate request filed by State Farm Fire and Casualty Co. (State Farm). State Farm submitted the request for the +16.6 percent rate...
CFA Report: Largest Auto Insurers Often Charge Higher Premiums to Safe Drivers
Jan 28 2013 // In its latest report on auto insurance premiums charged by the largest auto insurers, the Consumer Federation of America said these insurers frequently charge higher premiums to safe drivers than to those who recently...
State Farm, Sandusky End Insurance Coverage Dispute
Jan 28 2013 // State Farm Fire and Casualty Co. resolved its dispute against former Penn State assistant football coach Jerry Sandusky over the insurer’s homeowners coverage. At issue was whether State Farm would be obligated to...
Louisiana Commissioner Says ‘No’ to State Farm Regional Deductible Plan
Jan 25 2013 // Louisiana Commissioner of Insurance Jim Donelon has denied a request by State Farm Fire & Casualty Co. (State Farm) to introduce a regional deductible plan for its Louisiana homeowner’s program. Donelon said the...
State Farm, Sandusky End Insurance Coverage Dispute
Jan 16 2013 // State Farm Fire and Casualty Co. resolved its dispute against former Penn State assistant football coach Jerry Sandusky over the insurer’s homeowners coverage. At issue was whether State Farm would be obligated to...
Delaware Regulators Fine State Farm $150K Over Non-Renewal Notices
Dec 14 2012 // Delaware’s insurance department announced it has fined State Farm Fire and Casualty Company a $150,000 penalty for failing to include in some of its non-renewal notices a written explanation of the specific reasons...
Adjusters Battling Power, Phone Outage, Long Gas Lines, Blocked Roads
Nov 15 2012 // Major insurers have deployed thousands of claims adjusters in the Northeast in the wake of Superstorm Sandy — they are working from dawn until late night to make contacts with policyholders, complete the estimate...
Sandy Claims Figure Update From State Farm, Nationwide
Nov 6 2012 // Sandy-related claims are coming in at a fast pace, major insurers say. State Farm Insurance said it received approximately 90,000 Sandy-related claims (76,100 property claims and 13,900 auto claims) as of end of day Nov....
Some Sandy Victims Wait As Insurance Adjusters Wait for Access, Prioritize Claims
Nov 5 2012 // Pat Groover called her insurance company on Tuesday morning, the day after a massive tree gave in to storm Sandy’s winds, ripped the front off a neighbor’s house and pulled siding and gutters off of...
Sandy Claims Continue to Pour In at Quick Pace
Nov 2 2012 // Insurers said Sandy-related claims have been pouring in at a rapid pace in the immediate days after the storm — and that as some sense of normalcy returns, many more claims are expected. The Progressive Corp. CEO...
Florida Court Weighs When Not Meeting Policy Terms Means Coverage Forfeiture
Nov 1 2012 // Florida’s high court is debating whether a driver forfeited her uninsured motorist coverage by refusing to meet the insurer’s specific requirement to undergo a scheduled medical exam. The state Supreme Court...
