State Farm’s California Emergency Rate Request Dropped to 17% April 9, 2025 By Susanne Sclafane Lawyers for State Farm General, the California Department of Insurance and Consumer Watchdog presented opening arguments in a hearing to...
State Farm Has Paid Out $2.5 Billion for LA Wildfires March 28, 2025 By Don Jergler State Farm has reported paying out $2.5 billion for the Los Angeles wildfires in January, more than double what the...
State Farm Insurance Agents Can Now Offer Personal Loans March 27, 2025 By Andrew G. Simpson In the latest expansion of the alliance between State Farm and U.S. Bank, State Farm customers can apply for U.S....
State Farm Wins Dismissal of Homeowners’ Class Action Over Use of Xactimate Software March 27, 2025 By Andrew G. Simpson A federal judge has dismissed a proposed class action filed on behalf of Pennsylvania homeowners who believe that State Farm...
California Insurance Commissioner Provisionally OKs State Farm’s 22% Rate Request March 14, 2025 By Don Jergler California Insurance Commissioner Ricardo Lara provisionally approved State Farm’s request for a 22% interim homeowners insurance rate hike, the California...
State Farm 2024 Underwriting Losses Shrink on Auto Results March 3, 2025 By Susanne Sclafane After reporting underwriting losses of $13 billion in 2022 and $14 billion in 2023, State Farm recorded another underwriting loss...
Failure to Produce Proof of Purchase Dooms Insurer’s Product Liability Case December 6, 2024 A federal court in Pennsylvania recently affirmed that plaintiffs seeking to hold a seller or distributor liable for a faulty...
State Farm Settles Immigration Discrimination Case with Justice Department October 29, 2024 The Justice Department announced that it secured a settlement agreement with State Farm resolving the department’s determination that one of...
S&P Reveals Top 50 Largest P/C Insurers October 25, 2024 As the third-fastest growing company on a list of the world’s top 50 largest insurers, State Farm Mutual Automobile Insurance...
State Farm Campaign Aims to Provide Smoke Alarms to 1,300+ Texas Homes October 22, 2024 State Farm will provide smoke alarms to more than 1,300 Texas homes during the Out to Alarm Texas 2024 campaign,...