Latest State Farm Headlines
All the headlines from our State Farm Topic Page, ordered by recency.
Higher Homeowners Insurance Rates on the Horizon in Texas
Jan 9 2012 // Two insurers that together hold the lion’s share of the homeowners insurance market in Texas are either in the process of raising rates or have filed for increases. Insurance Commissioner Eleanor Kitzman on Dec. 1,...
Appeals Court in Texas Accepts State Farm Refunds Case
Dec 16 2011 // State Farm Insurance has asked an appeals court to throw out an order requiring the company to refund about $350 million to Texas customers. A three-judge panel of the 3rd Court of Appeals in Austin took the case under...
State Farm Gets 7.8% Homeowners Rate Hike in Louisiana
Dec 9 2011 // Louisiana has allowed its largest insurer of homes to raise its rates by an average 7.8 percent. State Farm Fire and Casualty Co. spokeswoman Molly Quirk told The Associated Press that the $32.2 million increase goes into...
State Farm Hikes Homeowner Policy Rates, Deductibles in Texas
Dec 2 2011 // A new insurance commissioner has allowed State Farm to charge higher rates and deductibles in Texas. State Farm Insurance on Dec. 1 was authorized to switch many of its 1.2 million homeowner policies to a higher...
State Farm: Texas, Illinois, Ohio Top 3 States for Thanksgiving Cooking Fires
Nov 16 2011 // If you live in Texas, Illinois or Ohio, you’re more likely to experience a cooking fire on Thanksgiving Day than those in other states. That’s according to claims data from Illinois-based State Farm Insurance....
State Farm and Sen. Blumenthal Debate Hurricane Deductible
Nov 7 2011 // U.S. Sen. Richard Blumenthal (D-Conn.) recently called on State Farm to drop its hurricane deductible for Connecticut residences whose homes were damaged by Tropical Storm Irene. But State Farm shows no sign of giving in...
State Farm Lowering Alabama Auto Rates
Oct 26 2011 // Drivers in Alabama insured through State Farm will be paying slightly less for coverage beginning next month. State Farm Mutual Automobile Insurance Co. announced it would reduce its Alabama auto insurance rates by a...
Auto Insurers’ Loss Ratios Rise in Q2 2011
Oct 17 2011 // Tornadoes and thunderstorms in the South and Midwest made the 2011 second quarter tumultuous for U.S. property writers. The industry loss ratio, before consideration of reinsurance, climbed to 70.6 percent, marking the...
State Farm: Its Conn. Deductible Decision Grounded in Fairness
Oct 14 2011 // State Farm Insurance says U.S. Senator Richard Blumenthal’s request that the company drop Irene-related hurricane deductibles in Connecticut would actually be unfair to policyholders and introduce all sorts of...
Sen. Blumenthal Asks State Farm to Drop Hurricane Deductible for Irene
Oct 13 2011 // U.S. Senator Richard Blumenthal (D-Conn.) called on State Farm Insurance to drop its hurricane deductible for Connecticut residences whose homes were damaged by Tropical Storm Irene. Blumenthal was joined at his Hartford...
State Farm Raises Rates on Alabama Inland Homes
Oct 7 2011 // For the second time in three years, one of the largest homeowners in Alabama has indicated it will not raises rates along the coastline in lieu of a statewide average five percent increase on inland properties. State Farm...
Auto Insurers’ Loss Ratios Rise in Q2: SNL Insurance
Oct 6 2011 // Tornadoes and thunderstorms in the South and Midwest made the 2011 second quarter tumultuous for U.S. property writers. The industry loss ratio, before consideration of reinsurance, climbed to 70.6 percent, marking the...
Number of U.S. Deer-Vehicle Collisions Falls 7 Percent
Oct 5 2011 // For the third consecutive year, the number of deer-vehicle collisions in the U.S. has dropped, according to Illinois-based State Farm Insurance. And the downturn is accelerating. The percentage decline over the last year...
State Farm to Stop Insuring Churches in Florida
Oct 4 2011 // Florida churches are having to seek insurance elsewhere after one of the state’s provider of coverage to houses of worship has decided to leave the market. State Farm Florida recently announced it will exit the...
Cross Border Claims Frustrate Auto Carriers
Oct 3 2011 // Staged automobile accidents in Canada’s most populated province of Ontario pose a unique problem for American auto insurers that must deal with Ontario’s stringent no-fault benefits. Some U.S.-based adjusters...
State Farm: Weather Claims Reach $5 Billion
Oct 3 2011 // State Farm Insurance has paid $5 billion to its customers for weather-related catastrophes — damage to cars, homes and other property so far this year — the company said. That payout has been increased by wildfires,...
People
Oct 3 2011 // State Auto Insurance’s previously announced Austin, Texas, claims facility is now operational, the company reported. The following individuals serve on the claims team at the Austin facility: Sandra Robinson, claims...
State Farm: Weather Claims Reach $5 Billion
Oct 3 2011 // State Farm Insurance has paid $5 billion to its customers for weather-related catastrophes — damage to cars, homes and other property so far this year — the company said. That payout has been increased by wildfires,...
Texas Denies State Farm’s Catastrophe Petition
Sep 26 2011 // The Texas Department of Insurance has denied a catastrophe determination petition submitted by State Farm Insurance Cos. in response to wildfires that have plagued the state in September. The department said it denied the...
State Farm: Weather Claims This Year Reach $5 Billion
Sep 26 2011 // State Farm Insurance has paid $5 billion to its customers for weather-related catastrophes — damage to cars, homes and other property so far this year — the largest U.S. insurer of homes and cars said...
