Louisiana’s Temple Seeks Reform in Response to State Farm’s California Cuts March 28, 2024 By Ezra Amacher Louisiana Insurance Commissioner Tim Temple pointed to State Farm’s decision to non-renew policies in the California market as a warning...
State Farm Announces New CEO; Farney Succeeding Tipsord June 1 March 15, 2024 The State Farm Mutual board of directors has selected President Jon Farney as the company’s next chief executive officer. Farney...
State Farm Sets Another Record With $14B Underwriting Loss in 2023 March 1, 2024 A year after recording the largest underwriting loss in the company’s 100-year history, State Farm eclipsed it in 2023. The...
State Farm Sues Norfolk Southern Over Ohio Train Derailment Damages February 26, 2024 By Ezra Amacher State Farm Insurance brought forth a subrogation lawsuit last week against Norfolk Southern over damages to a pair of East...
Top West Insurance Journal Stories of 2023 December 29, 2023 By Don Jergler Insurers pulling back from an increasingly risky California market grabbed the attention of Insurance Journal readers this year. This was...
5th Circuit Reverses Class Certification in Lawsuit Alleging State Farm Undervalued Total-Loss Claims December 28, 2023 A federal appellate court reversed a trial court’s decision to certify a class of plaintiffs in a lawsuit that alleged...
Catalytic Converter Thefts Down by Half as Precious Metal Prices Drop November 8, 2023 By Jim Sams The number of insurance claims filed for catalytic converter thefts plummeted this year after rising dramatically in 2021 and 2022....
Contributory Doesn’t Nix Subsequent Negligence, Alabama Court Says in UM Case October 24, 2023 By Insurance Journal Staff Reports The Alabama Supreme Court has handed down two decisions that could have an impact on uninsured motorist claim payouts and...
State Farm Seeks $1.5M From Owners of Manhattan Garage That Collapsed July 27, 2023 By Andrew G. Simpson The collapse of a New York City garage in April was caused by the negligence of the owners of the...
Former Employee With Bladder Condition Sues State Farm Alleging Disability, Racial Bias July 19, 2023 By Andrew G. Simpson A Georgia woman who was employed by State Farm Automobile Insurance Co. for 20 years is suing the insurer alleging...