Farmers Insurance Exchange News

Wyoming Department of Insurance Fines Farmers Insurance Exchange $150K

The Wyoming Department of Insurance announced the resolution of a matter against Farmers Insurance Exchange that resulted in monetary penalties against the carrier. The department entered an order approving a settlement with Farmers Insurance Exchange which included a civil penalty …

Minnesota: Farmers Insurance Exchange Overcharged Renters for Auto Coverage

Minnesota Commerce Commissioner Mike Rothman has ordered an insurance company to refund more than $300,000 to Minnesota drivers who were charged higher auto insurance rates solely because they were renters rather than homeowners. According to the Minnesota Commerce Department Insurance …

Farmers to Pay $225K to Settle EEOC Race Discrimination Case in California

Farmers Insurance Exchange will pay $225,000 to settle a race discrimination and retaliation lawsuit filed by the U.S. Equal Employment Opportunity Commission in Northern California, the federal agency announced. The suit filed by the EEOC alleges Farmers Insurance Exchange terminated …

Farmers Settles Suit with Radiological Firms Over Alleged Billing Fraud

Los Angeles, Calif.-based Farmers Insurance Exchange has reached a settlement in a lawsuit involving alleged billing fraud by two radiological companies and their owners. The complaint alleges that two radiological corporations and their owners submitted false and misleading documentation to …

Nebraska Court: No Insurance Coverage for Woman Bitten by Dog

A woman who had part of her lower lip bitten off by a dog she was watching for friends has no right to seek payment of medical expenses from the owners’ home insurance company, the Nebraska Supreme Court ruled on …

Farmers Sues Radiological Corporations for $3 Million

Los Angeles-based Farmers Insurance Exchange filed a lawsuit in the Superior Court of California against two radiological corporations and their owners for allegedly submitting false documentation to get paid for services they didn’t provide. The civil complaint seeks restitution for …

Farmers Insurance Exchanges in California Commence Cash Tender Offers

Farmers Insurance Exchange, Fire Insurance Exchange and Truck Insurance Exchange announced that Farmers Insurance Exchange commenced a cash tender offer for any and all of its outstanding 8.625 percent surplus notes due 2024. It was also announced that the exchanges …

Farmers Launches New Corporate Logo

Farmers Insurance has unveiled a new corporate logo as part of the company’s next “evolutionary step,” the Los Angeles-based carrier announced on Wednesday. New York City based-Lippincott is the creative partner on the new Farmers logo. Lippincott is the firm …

Farmers Insurance Pulling Out of Louisiana

Farmers Insurance Exchange, which has around 23,000 homeowner and 7,000 auto policies in Louisiana, is dropping those lines of business in the state, but a company spokesman said Friday it will retain more than 100,0000 policies in Louisiana under three …