State farm News

State Farm and Generali Join Investors in Computer Vision Startup Nexar

State Farm and Generali joined the $53 million financing round for Nexar, an artificial intelligence computer vision startup based in New York. The technology startup provides crowdsourced visual data that is contextualized with AI and is designed to provide insights …

Court Rules California Insurance Commissioner Cannot Make State Farm Pay Refunds for Overcharges

California Insurance Commissioner Ricardo Lara cannot force insurers to repay consumers when they charge excessive rates, the California Court of Appeal in San Diego has ruled. The court held that State Farm will not have to pay more than $100 …

Fungus Endorsement Outweighs Resulting Loss in Florida State Farm Case

A Florida appeals court has reversed a trial judge, finding that a homeowner’s State Farm policy did not cover damages from a septic tank leak because of a fungus endorsement on the policy. In State Farm Florida Insurance Co. vs. …

Insurers in Louisiana Could Be Fined for Refusal to Cover Ida Evacuation Expenses

Insurance companies could face fines or be suspended from doing business for refusing to comply with Louisiana Insurance Commissioner Jim Donelon’s order to cover the temporary living expenses of policyholders who evacuated during Hurricane Ida. But the one thing Donelon …

Former California Insurance Agent Sentenced for Embezzling Nearly $200K

Anna Gabriela Garcia, also known as Anna Nuno-Garcia, 48, of Capistrano Beach, Calif., was sentenced in Orange County Superior Court in Santa Ana after pleading guilty to two felony counts of embezzlement and grand theft for collecting premium payments from …

Tony the Tennessee Arson Detection Dog Loves His Job

Tony is an unusual dog. He never eats his food out of a bowl, always feeding from his human’s hand. He has a distinct physical appearance, having lost part of his tail as a puppy. And he’s an accelerant detection …

State Farm Returning $400M to California Auto Customers

State Farm is returning $400 million to California mutual auto insurance customers due to better than anticipated claim results, the company announced this week. The announcement comes as the California Insurance Commissioner Ricardo Lara on Thursday said insurers in California …

Nevada Lawsuits Filed Against Auto Insurers over Rates in Pandemic

Class action lawsuits were filed in Nevada against 10 major auto insurance companies this week, contending that the companies charged excessive insurance premiums during the pandemic by failing to account for a drop in driving and crashes. The lawsuits acknowledge …

National Fire Protection Association, State Farm Funding Wildfire Preparedness

The National Fire Protection Association and State Farm have kicked off a funding awards application period for the eighth national Wildfire Community Preparedness Day on Saturday, May 1, which helps communities prepare for, and reduce, their risk of wildfire damage. …

The Results Are In: How NFL QBs/Insurance Salesmen Mahomes, Rodgers, Mayfield Rate

Last week, Insurance Journal polled football fans, asking them to compare three NFL quarterbacks who also appear in insurance TV ads. The poll asked readers to rate Green Bay Packers future Hall-of-Famer QB Aaron Rodgers who sells for State Farm; …