Latest State Farm Headlines
All the headlines from our State Farm Topic Page, ordered by recency.
State Farm Study Tabs Funniest Intersection Names
Jul 2 2001 // State Farm Insurance researchers recently conducted a study detailing the country’s most dangerous intersections. Along the way, they found the funniest intersection names. The “funny” list was made...
Liberty Mutual May Take the Highway
Jun 18 2001 // One of New Jersey’s top five auto insurers is considering its options as a result of an announcement last week by State Farm Indemnity Co. which indicated it was withdrawing from selling auto insurance in the Garden...
State Farm Indemnity Pulls Out of N.J. Auto Market, Gets A.M. Best Downgrade
Jun 14 2001 // State Farm Indemnity announced on June 12 that it intends to stop writing automobile business in New Jersey. The announcement was immediately followed by A.M. Best Co. downgrading the financial strength rating of the...
State Farm Indemnity To Exit NJ Auto Market
Jun 13 2001 // State Farm Indemnity, New Jersey’s largest auto insurer, announced plans to withdraw from the market citing a failure to obtain regulatory reforms and consistently poor loss experience over the last three...
STATE FARM PUTS MORATORIUM ON CALIF. HOMEOWNERS’ INSURANCE
May 13 2001 // Saying the company’s top priority is to its current customers, State Farm has put a moratorium on issuing homeowners’ policies in California until further notice. “We’ve been facing some real...
Oregon Court Decision Forces Insurers to Change Auto Policy Language
May 7 2001 // The Oregon Supreme Court is at it again, although on a much smaller scale. Less than two years after the Oregon high court called into question the validity of every ex-clusion in an insurance policy with its decision in...
Get Them When They Need It
Apr 23 2001 // I have to say one thing for those direct writers—they sure do their market research homework. I recently moved to a new address, and no sooner had I finished putting in new shelf liner than I got a fat envelope in the...
Illinois Appellate Court Affirms State Farm Aftermarket Part Decision
Apr 9 2001 // Last week, an Illinois state Appellate Court upheld most of a lower court’s verdict in a nationwide class-action lawsuit against State Farm Mutual Automobile Insurance Co. The court, in its affirmation of the trial...
DRAMA in the Nonstandard Arena: The NONSTANDARD AUTO MARKET gets ready for action that will include
Mar 19 2001 // The nonstandard auto market enjoyed above-average growth and profitability across the country through much of the 1990s. In fact, by the late ’90s, low entry barriers, including modest surplus levels required to...
STATE FARM REPORTS DROP
Mar 12 2001 // State Farm Insurance Cos., the nation’s largest personal lines insurer, announced Feb. 28 that its net income dropped 60 percent in 2000 due to a combination of increased claims and reduced rates. Net income from all...
State Farm Earnings Plunge 60 Percent
Mar 1 2001 // State Farm Insurance Cos., the nation’s largest personal lines insurer, announced yesterday that its net income dropped 60 percent in 2000 due to a combination of increased claims and reduced rates. Net income from...
State Farm Agent Faces Charges in Alleged Insurance Scam
Feb 21 2001 // Editor’s note: In a response to a question which read, have you ever at any time been under indictment for any crime, Dr. Saracino’s answer is yes. On Feb. 13, 2001, Barbara and her husband were indicted for a...
Welcome to our First Ever
Jan 8 2001 // The demarcation between years always seems to take on a contemplative aspect. We look back to where we’ve been, and then look forward to weigh our expectations. Will the market continue to harden? Will the dot-coms...
State Farm Introduces Vehicle Safety Discount
Nov 29 2000 // State Farm Mutual Automobile Insurance Company is implementing a new auto insurance discount. Using its actual claim payments for driver and passenger injuries by make and model of vehicle, the company is awarding...
State Farm the Focus of News Show Investigation
Nov 28 2000 // Syndicated television news magazine “Inside Edition” reported Monday that State Farm is buying wrecks, fixing them and putting them back on the road with clean rather than salvage titles. According to a news...
Federal Appellate Court Rules Again on Slab Damage Claim
Nov 6 2000 // In 1998, the Texas Supreme Court addressed the question of whether the standard Texas homeowners’ policy covered damage to a home’s foundation resulting from a plumbing leak. The court decided that the standard...
Former Red Bluff Insurance Agent Gets Prison Term, Fine
Nov 3 2000 // A Tehama County Superior Court judge sentenced David Michael Chene, a former Red Bluff insurance agent to nine years in state prison on Nov. 1. Chene was also ordered to pay $273,000 in restitution plus 10 percent interest...
AON, STATE FARM PEN AGREEMENT
Oct 23 2000 // Aon Corp. and State Farm Mutual Automobile Insurance Company have signed an agreement in which State Farm will market commercial insurance specialty products developed and serviced by AON. The products, which will be sold...
AON, State Farm Pen Agreement
Oct 12 2000 // Aon Corp. and State Farm Mutual Automobile Insurance Company have signed an agreement in which State Farm will market commercial insurance specialty products developed and serviced by AON. The products, which will be sold...
State Farm Gets Nod to Offer Nationwide Banking
Oct 11 2000 // Services State Farm Insurance Cos. has received federal approval to offer banking services nationwide by late 2001. The company opened State Farm Bank in 1999, and began training Chicago-area agents to sell its bank...
