Latest State Farm Headlines
All the headlines from our State Farm Topic Page, ordered by recency.
Declarations
Sep 22 2008 // Alabama Beach Progress “Unlike a hurricane which can strike swiftly and forcibly, it often takes time and deliberation to implement changes in policy but members of the Beach Pool are proud to report the significant...
Court: Insurer Can’t Bring Subrogation Claim Against Attorney
Sep 17 2008 // Insurers are not allowed to bring equitable subrogation actions premised on professional negligence against attorneys, the Colorado Court of Appeals has ruled. According to State Farm Fire and Casualty Co., as subrogee of...
Update: Mississippi Couple in Settlement with State Farm over Katrina
Sep 16 2008 // State Farm Fire & Casualty Co. paid $250,000 to settle a lawsuit brought by a Biloxi, Miss. couple over damage to their home from Hurricane Katrina in 2005. Terms of the settlement were not disclosed Sept. 15 in U.S....
Florida Orders State Farm to Refund $120 Million for Mitigation Discounts
Sep 10 2008 // Florida Insurance Commissioner Kevin McCarty ordered State Farm Florida to issue credits or refunds totaling $120 million to current and former policyholders who did not apply for or who did not receive the windstorm loss...
Judge Dismisses Portions of Katrina Lawsuit in Mississippi
Sep 10 2008 // A Mississippi couple who accused their insurance company of using fraudulent Hurricane Katrina damage reports to keep from paying claims now says there’s no evidence the insurer acted negligently or in bad faith. A...
Florida Regulator Rejects State Farm Request for Rate Hearing
Sep 5 2008 // The Florida Office of Insurance Regulation rejected State Farm Florida’s petition for a formal hearing on after the state disapproved the company’s 47.1 percent proposed statewide average increase. Florida...
State Farm, Allstate Agree on Mississippi Homeowners Rates
Sep 1 2008 // After months of separate discussion, State Farm and Allstate insurance companies reached an agreement with Mississippi Insurance Commissioner Mike Chaney on homeowners insurance rate filings. Allstate will see a statewide...
State Farm Wins One in Dispute Over Homeowners Rates in Texas
Sep 1 2008 // In a long running dispute between the Texas Department of Insurance and State Farm over homeowners insurance rates, the 3rd Court of Appeals in Austin on Aug. 22 ruled that state regulators did not have the authority to...
Auto Rates Rising for State Farm, Allstate Customers
Sep 1 2008 // Allstate and State Farm are raising their auto rates in Texas. State Farm filed with the Texas Department of Insurance increases of 2.4 percent and 7.3 percent, respectively, for its two auto insurance subsidiaries, State...
Study: Only 42% of Teen Passengers Report Wearing Seat Belts
Aug 27 2008 // A new study on teen driving habits and safety found that 59 percent of teens always buckled up in the driver seat but only 42 percent always wore seat belts as passengers. However, only 38 percent of all teens in the study...
State Farm Handed Win in Texas Rate Dispute Case
Aug 25 2008 // A state appeals court ruled Aug. 22 that Texas insurance regulators did not have the authority to issue a disciplinary order against State Farm Lloyds, the state’s largest home insurer, for charging rates it had...
Mississippi Regulator Reaches Agreements with State Farm, Allstate
Aug 22 2008 // After months of separate discussion and negotiations, State Farm and Allstate insurance companies reached an agreement with Mississippi Insurance Commissioner Mike Chaney on details of homeowners insurance rate...
State Farm, Allstate Raising Auto Rates in Texas
Aug 21 2008 // Allstate and State Farm, two of the largest auto insurers in Texas, are raising their rates, saying the boost is needed to offset a rising number of claims. In filings with the Texas Department of Insurance, State Farm...
Florida Regulators May Reject State Farm Rate Increase
Aug 14 2008 // A State Farm rate increase appears in jeopardy after regulators grilled company officials for hours about a request to jack up rates in Florida by 47.1 percent. Florida’s insurance consumer advocate office told...
Mississippi Attorney General Settles with State Farm
Aug 6 2008 // Mississippi Attorney General Jim Hood announced the settlement of the state’s breach of contract suit against State Farm. Hood said the suit was filed after State Farm refused to comply with a January 2007 Hinds...
It Figures
Aug 4 2008 // $41 Million The amount Florida residents saved last year thanks to a 10-day sales tax reprieve on back-to-school and hurricane supplies. They will not see similar savings this year because the temporary suspension of the...
State Farm: 47.1% Florida Hike
Aug 4 2008 // State Farm Florida Insurance Co. filed an average 47.1 percent homeowners insurance rate increase with the Florida Office of Insurance Regulation. Ed Domansky, spokesperson for the OIR, said a public hearing will be held...
Lawyer Suggests Scruggs got Witness Help from Former Mississippi Senator
Aug 1 2008 // An insurance company’s attorney suggested during a sworn deposition that former Mississippi U.S. Sen. Trent Lott urged witnesses to give false information in a Hurricane Katrina lawsuit, according to court...
Convicted Mississippi Lawyer Scruggs wants Testimony Sealed
Jul 30 2008 // Convicted Mississippi attorney Richard “Dickie” Scruggs and his son want to prevent their sworn testimony in a Hurricane Katrina lawsuit from becoming public and “undermining the presumption of...
State Farm Raises Rates for Coastal Alabama
Jul 25 2008 // Citing growth and hurricane threats on Alabama’s coast, State Farm will boost its homeowners insurance rates by 12 percent to 18 percent in Mobile and Baldwin counties. The Alabama Department of Insurance approved...