Latest State Farm Headlines
All the headlines from our State Farm Topic Page, ordered by recency.
State Farm Faces Class Action Lawsuit
May 15 2008 // A class action lawsuit was filed in U.S. Federal Court, Central District, alleging that State Farm Mutual Automobile Insurance Co. is enriching itself with payments rightfully belonging to its insureds in violation of...
State Farm Files Request for California Rate Increase
May 9 2008 // Reflecting the general upward trends in the cost of property and liability insurance claims, State Farm General Insurance Co. has filed a request for an average statewide 6.9 percent rate increase with the California...
Katrina Plaintiff Lawyers Deny Infiltrating State Farm Database
May 1 2008 // A team of plaintiffs lawyers that includes a former high-ranking federal prosecutor denies infiltrating an insurance company’s computer database to help build a case against the insurer after Hurricane...
Judge in Mississippi Rejects Fraud Claim against State Farm in Katrina Suit
Apr 23 2008 // A federal judge on Monday dismissed claims of fraud in a key Hurricane Katrina lawsuit that accused State Farm Fire & Casualty Co. of using different engineering reports to deny a Mississippi couple’s insurance...
State Farm Nonrenewing Some Jersey Shore Policies
Apr 22 2008 // A major insurer is telling some Jersey shore customers that their home insurance policies will not be renewed. State Farm Insurance Company says it is trying to limit its exposure of catastrophic property loss. The company...
Texas Regulators Explain State Farm Homeowners Rate Hike
Apr 14 2008 // In its “Straight Talk About Insurance” column on its Web site, the Texas Department of Insurance has updated information on the decision to approve an increase in State Farm Insurance Company’s homeowners...
Appeals Court Vacates $1 Million Award in Mississippi Katrina Case
Apr 10 2008 // A federal appeals court threw out a $1 million punitive damage award Monday to a Mississippi couple who sued the nation’s largest insurance company over Hurricane Katrina damage. The 5th U.S. Circuit Court of Appeals...
Mississippi: Insurer Wants Sisters to Pay for Providing Katrina Claims Records to Scruggs
Apr 10 2008 // State Farm Fire and Casualty Co. wants a federal judge to sanction two sisters who secretly copied Hurricane Katrina claims documents and gave them to a Mississippi lawyer whose clients were suing the company. Cori and...
State Farm Restricts Storm Coverage for Coastal Alabama
Mar 21 2008 // Reacting to Gulf Coast hurricanes and potential future storm losses, State Farm said it will limit coverage in Alabama for new policies in Mobile and Baldwin counties beginning April 1. State Farm, based in Bloomington,...
Financial Reports Show Texas Insurers Profitable in 2007
Mar 14 2008 // In 2007, Texas insurers recorded one of their most profitable years of the decade, prompting some consumer advocates to call for tougher state regulation on homeowner rates. Financial reports released by the Texas...
State Farm Reports 3% Profit Increase For 2007
Mar 10 2008 // Bloomington, Ill.-based State Farm Insurance announced that profit rose 3 percent last year on the strength of higher auto policyholder dividends despite a steep decline in property casualty underwriting. The company said...
Business Moves
Mar 10 2008 // State Farm, Florida Florida’s largest private insurer, State Farm, has decided to cease writing new policies for homes. The move is not expected to affect most of the company’s 1 million current policyholders....
State Farm Says Neb. 2007 Auto Rates Fell by 18 Percent
Mar 3 2008 // Bloomington, Ill.-based State Farm Insurance said recently that many drivers in Nebraska should see lower car insurance rates because there have been fewer accidents. State Farm insurance says its auto insurance rates in...
Miss. A.G.: Didn’t Know Men Allegedly Buying Influence
Feb 29 2008 // Mississippi Attorney General Jim Hood says he would not have met with two men now entangled in a judicial bribery case had he known they were allegedly paid $500,000 to try to influence his investigation of an insurance...
FBI: Scruggs Paid 2 Men to Persuade Miss. A.G. not to Indict State Farm
Feb 28 2008 // A lawyer accused of trying to bribe a judge also paid two associates $500,000 to convince Mississippi Attorney General Jim Hood not to file criminal charges against an insurance company over its handling of Hurricane...
Miss. A.G. Withheld State Farm Settlement Money Pledged to Charities
Feb 25 2008 // The Mississippi attorney general’s office says it plans to pay $1 million in settlement money that was pledged to charities nearly a year ago after a deal was struck with State Farm Fire and Casualty Cos. Boys and...
Neb. High Court Nixes Reinstatement of Suit against State Farm
Feb 25 2008 // The Nebraska Supreme Court has refused to reinstate a lawsuit against State Farm in a dispute over whether the insurance company delivered the medical coverage it promised in its automobile policies. The Supreme...
E-mail May Scuttle Truce Between State Farm, Miss. Attorney General
Feb 21 2008 // With the press of a button, a lawyer for the nation’s largest insurance company may have ended a brief truce in its bitter dispute with Mississippi Attorney General Jim Hood. In an e-mail mistakenly sent to reporters...
Miss. Attorney Asks Judge to Dismiss Katrina-Related Contempt Case
Feb 11 2008 // Attorneys for Mississippi attorney Richard “Dickie” Scruggs asked a federal judge to dismiss criminal contempt charges that he ignored a court order to turn over documents about insurance claims after Hurricane...
Court Records: Miss. Lawyer to Take 5th in State Farm Suit
Feb 1 2008 // Plaintiffs attorney Richard “Dickie” Scruggs, facing corruption and contempt charges in unrelated cases, will invoke the Fifth Amendment if forced to testify in a federal lawsuit involving Mississippi’s...
