Latest State Farm Headlines
All the headlines from our State Farm Topic Page, ordered by recency.
Insurance Experts: Does It Really Take One to Know One?
Sep 8 2014 // When an insurance agent is sued for professional negligence, a question arises as to whether the breach of the agent’s duty of care requires the testimony of another insurance agent or broker who testifies that the...
Louisiana AG Files Suit Against State Farm over Auto Repair Practices
Sep 8 2014 // Alleging “a culture of unsafe business practices” in its handling of vehicle repairs, Louisiana’s attorney general has filed suit against insurance giant State Farm. Attorney General Buddy...
State Farm Enhances Claims Reporting App with Object Recognition Technology
Aug 28 2014 // State Farm has added object recognition technology to their Pocket Agent app to make submitting an auto claim via a mobile device easier and simplify the claims process. This new technology reduces the need for typing by...
Louisiana AG Files Suit Against State Farm Over Auto Repair Practices
Aug 19 2014 // Alleging “a culture of unsafe business practices” in its handling of vehicle repairs, Louisiana’s attorney general has filed suit against insurance giant State Farm. Attorney General Buddy...
Small Businesses to Commercial Insurers: ‘You’ve Lost That Loving Feeling’
Aug 11 2014 // Insurers writing predominantly personal lines of insurance do a better job in satisfying their small business customers than insurers focused more on commercial lines, a new survey contends. According to the J.D. Power...
State Farm Hurricane Deductibles in Louisiana Jump to 5%
Jul 21 2014 // State Farm’s 308,000 Louisiana homeowner’s customers are confronting an unpleasant change: their policies now include a mandatory 5 percent hurricane deductible. State Farm spokesman Gary Stephenson told The...
Washington Sheriff’s Deputy Charged With Insurance Fraud
Jul 18 2014 // Jeremy B. Jeske, 43, a Spokane County Sheriff’s deputy, has been charged with two counts of insurance fraud in connection with a case that was investigated by Washington Insurance Commissioner Mike Kreidler’s...
Louisiana Commissioner Asks State Farm to Offer Lower Hurricane Deductible
Jul 17 2014 // Insurance Commissioner Jim Donelon has asked State Farm Fire and Casualty Co. (State Farm) to offer its Louisiana policyholders Louisiana the option of a 2 percent hurricane deductible on their homeowners’ insurance...
State Farm Increases Hurricane Deductible in Louisiana to 5%
Jul 10 2014 // One month into the hurricane season, State Farm’s 308,000 Louisiana homeowner’s customers are confronting an unpleasant change: their policies now include a mandatory 5 percent hurricane deductible. State Farm...
Best Upgrades State Farm General’s ICR; Affirms State Farm and Subs FSR’s
Jun 2 2014 // A.M. Best has upgraded the issuer credit rating (ICR) to “a+” from “a” and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) of State Farm General Insurance Company, and...
Insurers See Claims Rising in Pennsylvania Following Last Week’s Hail Storm
May 29 2014 // Some insurers say they are seeing an increased volume of claims in Pennsylvania following last Thursday’s freak hail storm that caused widespread damage in communities in the eastern part of the state. State Farm...
Florida Court: ‘Exploding Corpse’ Not Covered Under Property Policy
May 8 2014 // A Florida circuit court has found that a condominium owner’s property policy did not include coverage for the “explosion” of an advanced decompose body since it did not fall under a name peril listed in...
State Farm Stuck on ‘Pause’ in Face of NBA Owner’s Ban
Apr 29 2014 // In the face of Los Angeles Clippers owner Donald Sterling’s banishment from the National Basketball Association on Tuesday State Farm Mutual Automobile Insurance reaffirmed its stance that it’s taking...
NBA Team Owner’s Racist Comments Prompt State Farm ‘Pause’
Apr 28 2014 // Virgin America Inc. and CarMax Inc. ended their sponsorships with the Los Angeles Clippers, while State Farm Mutual Automobile Insurance and Kia Motors Corp. suspended their involvement with the team being investigated by...
Indiana Body Shops Sue Insurers over Compensation for Vehicle Repairs
Apr 22 2014 // Indiana body shops and auto insurers are on a collision course over repair compensation practices, a dispute that could cost millions of dollars to patch up. In a federal lawsuit, 14 Indiana shops accuse State Farm...
State Farm CEO: Headquarters Not Moving from Bloomington
Apr 14 2014 // State Farm Insurance Co. CEO Ed Rust Jr. says the company’s plans to expand in Arizona, Texas and Georgia will not affect the company’s headquarters in Bloomington, Ill. According to The Pantagraph in...
State Farm Ordered to Pay $3M in Damages to Mississippi Katrina Whistleblowers
Mar 16 2014 // A federal judge has ordered State Farm Fire and Casualty Co. to pay legal fees and damages of $3 million in a whistleblower lawsuit after a jury found the insurer defrauded the government in a policyholder claim after...
State Farm Wants to Increase Homeowners Business in Florida… a Bit
Mar 6 2014 // One of Florida’s largest homeowner insurers has announced it will once again begin writing new business in the state, just several years after canceling a substantial portion of its book of business. State Farm...
State Farm Managed Underwriting Profit in 2013 Despite Loss on Auto
Mar 5 2014 // Even though State Farm’s auto businesses suffered a loss in 2013, the property/casualty companies reported a $230 million underwriting gain, State Farm reported. The $230 million gain of $230 million on earned...
Wisconsin Court’s Uninsured Motorist Decision Goes Against State Farm
Feb 24 2014 // The Wisconsin Supreme Court ruled against State Farm Insurance Co. in a case in which a policyholder who was in an accident in 2010 tried to apply uninsured motorist coverage from another vehicle they owned to collect more...
