Latest State Farm Headlines
All the headlines from our State Farm Topic Page, ordered by recency.
State Farm Gets 9.9% Homeowners Rate Hike in Louisiana
May 10 2010 // State Farm Fire and Casualty Co., Louisiana’s largest residential insurer, has been approved for an average 9.9 percent rate increase for homeowners’ coverage in Louisiana. However, coastal areas vulnerable to...
Judge Sides with State Farm in Rate Hike Information Case
May 3 2010 // A judge in Austin has blocked regulators from posting on the Texas Department of Insurance Web site certain documents on two rate filings by State Farm Insurance Cos. that would increase homeowners insurance premiums for...
Ratings Roundup: Reserve National, Alaska Timber, State Farm (NJ)
Apr 29 2010 // Standard & Poor’s Ratings Services is keeping its ‘A’ counterparty credit and financial strength ratings on Reserve National Insurance Co. on CreditWatch with negative implications. “We had...
Auto Insurers Begin Process of Recouping Losses from Toyota
Apr 20 2010 // Insurance companies are gearing up to recoup from Toyota money they paid for claims in crashes involving sudden acceleration, the subject of major safety recalls by the Japanese automaker. It could also mean money back for...
State Farm Sues TDI; Files to Increase Homeowners Rates in Louisiana
Apr 19 2010 // State Farm Fire and Casualty Co. filed a lawsuit against the Texas Department of Insurance after the state agency took the unprecedented move of publicizing on its Web site recent rate hike proposals by the...
Judge Says Texas Can’t Post Some State Farm Rate Hike Information
Apr 19 2010 // A judge in Austin has blocked regulators from posting on the Texas Department of Insurance Web site some documents on two rate rate filings by State Farm Insurance Cos. that would increase homeowners insurance premiums for...
State Farm Sues Texas Department of Insurance Over Web Postings
Apr 1 2010 // State Farm Insurance has filed a lawsuit against the Texas Department of Insurance after the state agency took the unprecedented move of publicizing on its Web site recent rate hikes by the company. Texas’ largest...
State Farm Files to Increase Homeowners Rates in Louisiana
Mar 31 2010 // State Farm Fire and Casualty Co. has filed an average 9.9 percent rate increase request for homeowners coverage in Louisiana, according to the Associated Press. State Farm is Louisiana’s largest home insurer with...
Business Moves
Mar 22 2010 // Kinsale Capital Kinsale Capital Group has formed a Virginia-based E&S insurer, called Kinsale Insurance Co., which will underwrite commercial property/casualty and professional liability E&S lines in 31 states...
Ratings Recap: GIC India, Top Layer Re, AIA (Australia), PartnerRe (notes)
Mar 15 2010 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of General Insurance Corporation of India (GIC), both with stable outlooks. The ratings...
State Farm to Offer Storm Mitigation Credits in Mississippi
Mar 4 2010 // State Farm will offer discounts in Mississippi beginning May 1 for homes and rental property strengthened against wind damage. Insurance Commissioner Mike Chaney told The Sun Herald that he approved State Farm’s plan...
State Farm Follows ‘Lose-One, Write-One’ Policy in Mississippi
Feb 26 2010 // State Farm gave consumers one part of its policy change when it announced eight months ago it would resume issuing insurance policies in Mississippi. What the company didn’t say is it is writing policies on a...
New Florida Legislative Session Faces Familiar Insurance Problems
Feb 24 2010 // Randi Schuknecht worried that her longtime, established insurance company was about to leave Florida — and leave her without a homeowner’s policy. So she found a new insurer — one she wouldn’t have...
State Farm Homeowners Rate Increase Denied in Louisiana
Feb 21 2010 // Louisiana Insurance Commissioner Jim Donelon declined to approve a rate request filed by State Farm Fire and Casualty Company that would have raised homeowners insurance rates by a statewide average of 19.1 percent. State...
Louisiana Commissioner Denies State Farm’s 19% Rate Increase
Feb 11 2010 // Louisiana Insurance Commissioner Jim Donelon has declined to approve a rate request filed by State Farm Fire and Casualty Company that would have raised homeowners insurance rates by a statewide average of 19.1...
State Farm Says It Warned U.S. Officials About Toyota Accident Trend in 2007
Feb 8 2010 // Private insurer State Farm informed a U.S. government regulator of a worrying trend of vehicle-caused accidents involving Toyota Motor Corp. as far back as late 2007, an official at the company said. “When you start...
State Farm Begins Sending Non-Renewal Notices in Florida This Week
Feb 1 2010 // Thousands of State Farm Florida property insurance customers will be seeing notices in their mailboxes this week saying their policies will not be renewed, a company spokesman said. The first wave of notices will be mailed...
State Farm to Drop 1,650 Policies on North Carolina’s Barrier Islands
Jan 15 2010 // State Farm will drop as many as 1,650 insurance policies on homes on North Carolina’s coastal barrier islands, according to state officials. Kristin Millam, public information director for the North Carolina...
State Farm Seeking 19.1 Percent Statewide Rate Hike in Louisiana
Jan 11 2010 // State Farm Fire and Casualty Co., Louisiana’s largest homeowners insurer, has asked insurance regulators for a rate increase that would average 19.1 percent statewide with coastal residents taking the brunt. The...
It Figures
Jan 10 2010 // $19 Million The amount being funneled to the Mississippi wind pool from the Mississippi Insurance Department this month. Insurance Commissioner Mike Chaney said the funds should help stabilize premium rates for wind pool...
