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...
New Hampshire Body Shop Owner ‘Winging’ Own Case Beats State Farm in High Court November 17, 2022 By Jim Sams Collision repair shop owner Steve Piispanen didn’t hire an attorney because he considers them to be “not educated” when it...
Intensifying Storms Are Fueling a Record $17 Billion Bond Barrage September 29, 2022 By Scott Carpenter Bonds sold to help US utilities recoup losses from natural disasters are seeing an unprecedented boom, with the latest burst...
Appeals Court Won’t Certify Class Action on State Farm’s Diminished Value Formula September 28, 2022 By William Rabb Auto and property insurers in the last three months have settled class-action lawsuits in Southern states alleging the carriers systematically...
State Farm Agrees to Settle Katrina Claims Lawsuit with Mississippi AG September 19, 2022 Mississippi has quietly settled its lawsuit against State Farm Fire and Casualty Co. for allegedly minimizing its Hurricane Katrina payments...
State Farm Invests $1.2B in ADT; Adopts ‘Predict and Prevent’ Mindset September 7, 2022 By Susanne Sclafane State Farm and ADT, a smart home provider, announced that State Farm will make a $1.2 billion equity investment in...
Personal Auto Results Slow to Recover; GEICO, Progressive to Pass State Farm July 19, 2022 With an overall combined ratio in excess of 100 for the first time since 2017, private passenger auto joined homeowners...