State Farm Mutual Automobile Insurance Co. News

State Farm Lowering Auto Insurance Rates in Texas

State Farm Mutual Insurance Co. is cutting its Texas auto insurance rates for the fourth consecutive time in a year, the insurer said. on Feb. 18, the overall personal auto rate will drop by 4.3 percent for 2.9 million State …

State Farm to Cut Auto Insurance Rates for Michigan Customers

State Farm Mutual Automobile Insurance Co. announced it is cutting its overall personal auto insurance rate will drop by 3.5 percent in Michigan. The total state-wide expected impact for State Farm Mutual by this rate decrease in Michigan will be …

State Farm Cuts Auto Insurance Rates in Missouri

State Farm Mutual Automobile Insurance Co. says it is cutting its rates in Missouri. As a result, its overall personal auto rate will drop by 3.9 percent. The total state-wide expected impact for State Farm Mutual by this rate decrease …

State Farm to Again Lower Auto Insurance Rates in Louisiana

Beginning in April, Louisiana customers of State Farm Mutual Automobile Insurance Co. will see a decrease in their auto insurance rates, the insurance department announced. It will be the third rated decrease filed by the company in less than a …

State Farm to Cut Auto Rates in North, South Carolina

State Farm Mutual Automobile Insurance Co. will decrease its auto rates in North and South Carolina, impacting more than 2 million customers in both states. According to a statement from the insurer, State Farm’s overall personal auto rate will drop …

State Farm to Cut Auto Insurance Rates in Missouri

State Farm Mutual Automobile Insurance Co. plans to lower auto insurance rates rates in Missouri by 3 percent overall. The company said the total statewide savings for all State Farm customers affected by this rate decrease in Missouri will be …

Judge Dismisses State Farm Car Crash Suit Against Mississippi U.S. Senate Appointee

A lawsuit against U.S. Senate appointee Cindy Hyde-Smith of Mississippi has been permanently dismissed. The Daily Leader reports Mississippi Circuit Judge David Strong dismissed the case with prejudice April 3. That means the lawsuit can be appealed to a higher …

Credit Ratings of Texas’ State Farm Lloyds Upgraded

A.M. Best has upgraded the Financial Strength Rating (FSR) to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a-” from “bbb+” of State Farm Lloyds in Richardson, Texas. A.M. Best also has affirmed the …

State Farm Latest Company to Stop Donating to N.J. Rep. Garrett

Add the nation’s largest property-casualty insurer to the growing list of financial companies that won’t be donating to U.S. Representative Scott Garrett in the wake of his alleged anti-gay remarks. State Farm Mutual Automobile Insurance Co., which contributed $2,000 to …

State Farm: No Unusual Claims Activity in Northeast From Weekend Snowstorm

State Farm Mutual Automobile Insurance Co. says last weekend’s snowstorm that dropped as much as 17 inches of snow in parts of the Northeast didn’t have much of an impact in terms of claims activities in the area. “We did …