Farmers Insurance expects $2.1 billion in claims from the California wildfires in November. The Los Angeles, Calif.-based carrier said it has so far received more than 9,000 claims combined for the Camp Fire in Northern California and the Woolsey Fire …
Andrew Barcoma Go, 51, of Bellflower, Calif., was arrested on seven felony counts including six for identity theft and one for grand theft after allegedly falsifying information on insurance applications to steal over $34,000 from Farmers Insurance. After receiving a …
Woodland Hills, Calif.-based Farmers Insurance has named Paul Wilson the new chief information officer. Wilson will serve as a member of the insurer group’s senior leadership team and oversee the development and application of all strategic IT initiatives. Wilson joins …
Los Angeles, Calif.-based Farmers Insurance has been named Rob Howard chief claims officer Howard was head of claims shared services. He joined Farmers in 1987 as a claims representative in St. Louis, Mo., relocating to Southern California in 2000 when …
The Hartford has agreed to acquire Foremost Insurance branded small commercial lines business from Farmers. The Hartford is acquiring the renewal rights on $200 million in small commercial lines premium sold through about 5,000 independent agents and brokers. The business …
Farmers Insurance reported it has received more than 4,000 claims from the Northern California wildfires to date at an estimated gross cost of $1.2 billion. With reinsurance, the Los Angeles-based carrier estimates its incurred loss will be $140 million, and …
Farmers Insurance has filed a lawsuit in California against a pair of former employees and the Automobile Club of Michigan alleging the theft of trade secrets. The suit alleges violations of the California Trade Secrets Act, unfair competition, breach of …
To process tens of thousands of auto and property claims with losses already well into the billions of dollars, insurance companies have adjusters camping out across Texas. The Houston Chronicle reports in one case, the adjusters — many of whom …
Farmers Insurance has named new presidents for two of its key business units. Sharon Fernandez, most recently president of Bristol West Insurance, has been appointed president of Business Insurance at Farmers. In addition, Eric Kappler, previously head of product management …
An insurance provider whose imprisoned client drove into a crowd at Oklahoma State University’s 2015 homecoming parade will provide $100,000 to the victims. A judge is expected to decide how the money will be divided during an August hearing, The …
