August 12, 2021
State Farm is collaborating with Traverse City, Michigan-based Hagerty to introduce a new insurance product for classic vehicles, State Farm Classic+, beginning in 2022. Hagerty is an automotive lifestyle brand and a provider of specialty insurance for classic, vintage and …
July 6, 2020
State Farm Insurance Co. has been approved for an overall auto insurance rate decrease of 9.6% in Louisiana, the state insurance department reported. State Farm’s rate reduction most recently approved by Louisiana Insurance Commissioner Jim Donelon follows approved decreases of …
September 15, 2017
A former Illinois county board chairman who also previously worked for State Farm Insurance Co. as a consultant has been sentenced to 12 months and a day in federal prison after being convicted of a wire fraud scheme. In November, …
November 8, 2016
California Insurance Commissioner Dave Jones on Tuesday issued a decision requiring State Farm Insurance Co. to reduce its dwelling insurance rates by an average of 7.0 percent, resulting is $78.6 million in annual savings for California policyholders. State Farm requested …
October 27, 2014
State Farm insurance company is seeking federal approval to test drones in evaluating property damage and responding to natural disasters. The (Bloomington) Pantagraph reported that the Bloomington-based company has filed an application with the U.S. Department of Transportation. It asks …
April 26, 2013
The state’s consumer advocate has challenged State Farm Insurance Co.’s 20 percent rate hike for Texas homeowners as being too high. Public Insurance Counsel Deeia Beck on April 24 urged two administrative law judges in Austin to roll back State …