State Farm Stops Taking New Applications for Business, Personal Lines P/C in California May 27, 2023 An insurer group was quick to respond over the weekend after State Farm announced it will cease accepting new applications...
Dog-Related Injuries Cost Insurers More Than $1 Billion in 2022 April 12, 2023 Insurers paid out more than $1 billion in dog-related injury claims in 2022, a 28% increase over 2021 even though...
Texas Auto, Homeowners Premiums Grew Double Digits in 2022, Report Shows April 4, 2023 By Ezra Amacher The Texas market for auto and homeowners insurance grew double digits in 2022, according to an annual report put out...
Investigation Leads to Woman’s Insurance Fraud Conviction in Washington March 6, 2023 An Edmonds, Washington, woman pled guilty to committing insurance fraud after an investigation completed by Insurance Commissioner Mike Kreidler’s Criminal...
State Farm P/C Businesses Report $13B Underwriting Loss March 1, 2023 Late last year, State Farm’s chief executive broke the news that the auto giant would record the largest underwriting loss...
Tesla, Insurers Address Expensive Repairs in Sharply Different Ways January 27, 2023 By Paul Lienert Tesla Inc.’s electric vehicles are expensive to repair – so much so that the automaker and insurers are addressing the...
Top 10 Midwest Insurance Journal Stories of 2022 December 29, 2022 By Ezra Amacher Allstate buying office space in downtown Chicago, State Farm suing Tesla over a car fire, and Geico being ordered to...
Lawsuit Against State Farm Alleges Racial Discrimination in Claims Handling December 16, 2022 By Chad Hemenway State Farm’s claims handling process is the subject of a new lawsuit alleging disparities between the insurer’s treatment of claims...
State Farm Still Dealing With Return of its Workforce: CEO Tipsord December 12, 2022 By Chad Hemenway State Farm CEO Michael Tipsord said the nation’s top property/casualty insurer will likely never be the same following the pandemic...
State Farm Will Start Hiking Auto Rates, Allstate CEO Predicts December 9, 2022 By Susanne Sclafane Allstate’s chief executive officer said his company will likely continue pushing for auto insurance rate hikes next year, and he...