January 22, 2021
Three well-known television insurance salesmen competing for business are also competing in the National Football League playoffs. Only those totally cut off from television could not have seen at least one of the insurance commercials starring NFL quarterbacks. Green Bay …
December 18, 2020
A federal district court in Virginia has ruled that a spa’s COVID-19-related business income loss lawsuit can move forward despite a virus exclusion in its insurance policy. The United States District Court for the Eastern District of Virginia, Norfolk Division, …
November 17, 2020
State Farm is sending sensors that can detect hazards in electric wiring to 40,000 homeowners in California, Arizona and Texas as part of a pilot project that will measure potential savings and customer acceptance. Mike Fields, a State Farm vice …
October 6, 2020
A new carrier has joined the rideshare insurance market, offering coverage to Lyft drivers in 11 states. At the same time, ridesharing firm Lyft’s drivers now also have access to coverage from Allstate and Liberty Mutual in a handful of …
July 27, 2020
A federal appellate court has cleared the way for a class-action lawsuit to proceed against State Farm Fire and Casualty Insurance Co. that may force the insurer to correct underpayments paid to some 65,000 policyholders. A 6th Circuit Court of …
April 13, 2020
Louisiana Insurance Commissioner Jim Donelon has approved overall base rate decreases of 3.5% for homeowners’ policies issued by State Farm Insurance Co., which follows his approval of an additional decrease of 2.3% for State Farm auto policies in March. “In …
March 16, 2020
A federal appellate court threw out most of the claims by automotive body shops in Indiana, Utah and Mississippi that alleged that major insurers violated antitrust laws and engaged in anticompetitive practices by steering policyholders to “approved” shops. The 11th …
December 10, 2019
The Texas Windstorm Insurance Association board of directors voted today to assess member insurance companies $90 million based on losses from Hurricane Harvey and voted to defer further consideration of action regarding TWIA insurance rates on residential and commercial policies …
August 26, 2019
Louisiana Insurance Commissioner James Donelon has issued a cease and desist order against State Farm in a dispute over hurricane deductibles before Hurricane Barry. The state Department of Insurance received a complaint July 17 from a policyholder who claimed the …
August 7, 2019
State Farm said it is reducing its Kansas homeowners insurance rates by an average of 2.2 percent. The total statewide expected savings impact for State Farm customers by this rate decrease is approximately $5.1 million. The rate decrease is effective …