State Farm Insurance News

Texas Insurance Industry, Local Police Team Up for Vehicle Crime Prevention

Auto burglaries and thefts affect over 250,000 motorists each year in Texas resulting in more than $1 billion in losses according to the Motor Vehicle Crime Prevention Authority (MVPCA). Now through a program sponsored by the Insurance Council of Texas, …

Texas Insurer Group, State Farm Begin North Texas ‘Storm Tour’

Severe storms in Texas last week caused an estimated $30 million in damage and generated some 6,000 wind-related insurance claims, according to the Insurance Council of Texas, which joins State Farm Insurance in conducting a “storm tour” of North and …

Some Insurance Adjusters Camping Out in Texas after Harvey

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 …

Pair in Arkansas Staged Crash Scams Get Jail Terms for Insurance Fraud

An Arkansas duo behind two fake crashes and false insurance claims have each received three-year prison sentences, the Arkansas Insurance Department announced. Jeremy Fisher, 36, and Teneshia White, 34, both of Pine Bluff, were sentenced for their roles in staged …

Pennsylvania Drivers Third Most Likely in U.S. to Have Deer-Related Accidents

Figures compiled by State Farm Insurance show that Pennsylvania drivers are the third most likely of motorists in any state to have a collision with a deer, having a one in 67 chance of a deer-related accident. With this in …

Two Plead Guilty in Insurance Fraud Cases in Arkansas

The Arkansas Insurance Department announced that two guilty pleas have been secured in relation to property theft and insurance fraud charges. The cases were handled by AID’s Criminal Investigation Division On May 17, Courtney Lawrence of Malvern pleaded guilty in …

Oklahoma Regulators Warn Insurers on Earthquake Coverage Hikes

Oklahoma regulators grappling with a massive increase in small earthquakes in the state linked to growing oil and gas production said on May 24 they were concerned with spiking rates for earthquake insurance coverage and diminishing competition among insurers. At …

Model Home Fortified Against High Winds to Be Built in Tulsa

An insurer-backed property safety research organization announced it is helping to build a model home in Oklahoma that will be designed to withstand high winds and hail. The Insurance Institute for Business & Home Safety (IBHS) said the first FORTIFIED …

New Mexico Residents Call Agents to Deal With Hail Damage

The unusually large hail that recently pounded Las Cruces, N.M. has residents scrambling to call insurance agents over damaged roofs and dented vehicles. Saturday’s storm dropped golf ball-sized hail left Sonoma Ranch Golf Course unplayable, reported Las Cruces Sun-News reported, …

North Carolina Man Charged with 8 Counts of Insurance Fraud

A Raleigh, N.C., man has been charged with eight counts of insurance fraud, eight counts obtaining property by false pretense, four counts of attempting to obtain property by false pretense and four counts of providing a false statement on an …