Farmers Insurance News

Farmers Insurance Laying Off 11% of Workforce, Citing Industry Challenges

Farmers Insurance announced it will part ways with approximately 2,400 employees – 11% of its workforce across all lines of business. “Decisions like these are never easy, and we are committed to doing our best to support those impacted by …

Farmers Insurance Further Reducing Florida Business

One month after it announced it would stop writing new homeowner policies in Florida, Farmers Insurance now says it plans to cut back further on its presence in the hurricane-prone state. The Florida Office of Insurance Regulation said Tuesday that …

Farmers Halts Homeowners Policies in Florida

Farmers Insurance has confirmed it has halted sales of new homeowners policies in Florida just as the new hurricane season is getting underway. The insurer cited rising costs as the reason. “With catastrophe costs at historically high levels and reconstruction …

Missouri Man Pleads Guilty in Arson, Insurance Fraud Scheme

A Kansas City-area man has pleaded guilty to an arson and insurance fraud scheme that allegedly destroyed three houses from 2013 to 2019. Wandale J. Fulton, 40, was accused of conspiring with six others to buy houses, create fake lease …

Texas Supreme Court Sides with Insurer on Mold-Related Policy Changes

The Texas Supreme Court on April 9 reversed lower court rulings and found that Farmers Insurance was within its rights when it decided 19 years ago not to renew homeowners’ policies that it feared would have forced it to cover …

Farmers Insurance Now Offering Direct-to-Consumer Policies in Louisiana

Farmers Insurance has launched a range of insurance products in Louisiana that consumers can customize. The company said Louisiana customers can now access quotes and purchase auto, home, condo, and renters products in a direct-to-consumer model, combining a personalized approach …

Farmers Insurance Returning to Louisiana

Louisiana insurance regulators have approved rate and form filings for Farmers Insurance in advance of California-based insurer’s re-entry into the Louisiana market. The Louisiana Department of Insurance reported that Farmers is returning to the Louisiana market in March with auto, …

Farmers Launches Direct-to-Consumer Policies in Mississippi

Farmers Insurance has launched a range of customizable insurance products in Mississippi. Customers throughout the state can now quote and purchase auto, home, condo, and renters products in a direct-to-consumer model. According to Keith Daly, president of personal lines for …

Insurers Winning Most, But Not All, COVID-19 Business Interruption Lawsuits

In the multibillion-dollar fight over insurance coverage for pandemic-related business losses, a Florida gynecologist succeeded where more than a dozen professional baseball teams and an iconic Hollywood restaurant failed. Since COVID-19 sparked government-ordered shutdowns in March, judges have dismissed more …

Farmers in California Names Conte Head of Exclusive Agent Distribution

Woodland Hills, Calif.-based Farmers Insurance has named Krista Conte head of exclusive agent distribution. Conte joins Farmers after more than 15 years at Allstate, where she was most recently field vice president in the California region. Farmers Insurance Group is …