Latest State Farm Headlines
All the headlines from our State Farm Topic Page, ordered by recency.
Ratings Recap: QBE (US); HSBC; Genworth; State Farm; Mystic Re II
Jun 7 2007 // A.M. Best Co. has affirmed the financial strength rating (FSR) of “A” (Excellent) and the issuer credit ratings (ICR) of “a” of New York-based QBE Re Group U.S. and its members. Best also removed...
State Farm Trial Scheduled on Claims by Mississippi Coast Resident
Jun 6 2007 // State Farm Fire & Casualty Co. was scheduled to be back in federal court in Gulfport, Miss., on Monday in a lawsuit filed by a Pass Christian homeowner over damages from Hurricane Katrina. The lawsuit was filed by...
If Fla. No-Fault Expires, State Farm’s Rates Could Drop 16%
Jun 1 2007 // State Farm will be able to cut its car insurance rates by about 16 percent on average if lawmakers do not continue the state’s no-fault accident system, state insurance regulators ruled this week. The Office of...
Fla. Plaintiffs Settle with State Farm on Hurricane Damaged Screen Enclosures
May 25 2007 // A Broward County Court has approved a class action settlement on behalf of more than 12,000 State Farm Insurance policyholders in Florida who will receive 100 percent of the damages they requested in a $6.8 million...
News Currents
May 21 2007 // State Farm to reopen 350 hurricane claims in Louisiana Holly Beach, La., October 3, 2005 – Nothing is left of the community of Holly Beach, once home to 300 residents and a favorite destination for thousands of...
Judge denies State Farm new trial in $1.2 million Katrina case
May 21 2007 // A federal judge has denied State Farm Fire & Casualty Co.’s request for a new trial in a Hurricane Katrina case that could cost the company more than $1.2 million. Judge L.T. Senter Jr. saw no reason to grant a...
Declarations
May 21 2007 // No means ‘no’ “I find no merit in State Farm’s contention that the assignment of these insurance proceeds deprives the plaintiffs, the named insureds, of standing to pursue a claim under the...
Declarations
May 21 2007 // Declarations No means ‘no’ “I find no merit in State Farm’s contention that the assignment of these insurance proceeds deprives the plaintiffs, the named insureds, of standing to pursue a claim...
State Farm Claims at $12 Million After Deadly Kansas Tornado
May 21 2007 // State Farm Insurance Co. has paid out about $12 million in claims with more still coming in after a Kansas tornado that destroyed a town two weeks ago and killed at least a dozen people, the company said. Home and auto...
Insurers Try to Prevent Losses in Wildfire Hotspots
May 21 2007 // Spooked by devastating wildfire seasons, the nation’s top insurers are inspecting homes in high-risk areas throughout the West and threatening to cancel coverage if owners don’t clear brush or take other...
Actor Tom Sizemore Settles Lawsuit with State Farm
May 16 2007 // Actor Tom Sizemore has settled lawsuits brought against him by State Farm Insurance and his former girlfriend, one-time Hollywood madam Heidi Fleiss. Papers filed in Superior Court in California said that resolutions were...
Lawsuit Claims Paralysis Caused by Denial of Claim
May 15 2007 // A 39-year-old Washington woman paralyzed from injuries caused in a car crash sued her insurer for denying coverage for surgery doctors agree could have prevented her paralysis. Tara Sadler, a Yakima, Wash., resident and...
La. Commissioner: State Farm to Reopen Katrina and Rita ‘Slab’ Claims
May 11 2007 // Lousiana Commissioner of Insurance Jim Donelon announced that State Farm has agreed to reevaluate all of the claims it denied from Louisiana policyholders whose homes or businesses were reduced to their foundations due to...
Judge Denies State Farm Motion to Dismiss Miss. Lawsuit
May 9 2007 // A federal judge has denied State Farm Fire and Casualty Co.’s request to dismiss a lawsuit against the insurer because the policyholders received an emergency Small Business Administration loan to help rebuild their...
Declarations
May 7 2007 // Did Lott settle for lots? “We are pleased to have reached a tentative agreement to settle Senator Lott’s claim and to have avoided litigation that might have been lengthier and more expensive for both...
Declarations
May 7 2007 // Declarations Elephant in room “State Farm’s intentional mishandling of the slab cases has been the elephant in the living room from day one in the post-Katrina insurance debacle.” Attorney Richard...
News Currents
May 7 2007 // State Farm has resolved 99 percent of all Katrina-related claims filed by policyholders. Sen. Lott settles Katrina claim with State Farm U.S. Sen. Trent Lott, R – Miss., has agreed to settle the lawsuit he filed...
Miss. AG Suit, MetLife P&C Settlement Latest Katrina Claims Developments
May 3 2007 // Plaintiff attorneys at the Scruggs Katrina Group, headed by Richard “Dickie” Scruggs, said they have brokered an out-of-court settlement for 34 Met Life Property & Casualty policyholders in Mississippi...
Jones Named to State Farm’s Chairman’s Council
May 3 2007 // Greg Jones, senior vice president of State Farm’s California operations, has accepted a promotion to the Illinois-based corporation’s thirteen-member Chairman’s Council effective May 1. The...
Proposal Would Give La. AG Muscle in Insurance Disputes
Apr 30 2007 // Mississippi Attorney General Jim Hood didn’t wait long to take on the insurance industry for denying the claims of thousands of policyholders after Hurricane Katrina. Less than a month after the Aug. 29, 2005, storm...
