Latest State Farm Headlines
All the headlines from our State Farm Topic Page, ordered by recency.
State Farm to Retain Coverage of Some Coastal Ala. Residents
Feb 20 2007 // Approximately 135 homeowners in the Fairhope-Daphne area whose policies were set to be non-renewed by State Farm Insurance are expected to have their coverage retained. Previously, State Farm notified the Alabama...
Miss. AG Hood Attacks State Farm as ‘Robber Baron’
Feb 16 2007 // In a second press conference in as many days, Mississippi Attorney General Jim Hood came out fighting against a recent decision by State Farm Insurance Co. to stop writing new home and commercial property policies in the...
Miss. Commissioner, AG Upset Over State Farm Cutback
Feb 15 2007 // Mississippi officials are concerned about the effect State Farm’s decision to curtail its insurance writings will have on rebuilding efforts and remaining insurance markets. State Farm, Mississippi’s largest...
Allstate Says It Paid Katrina Claims of Type State Farm Denied
Feb 15 2007 // Giant insurer Allstate Corp. doesn’t have much to fear from a Mississippi class-action lawsuit that seeks to have insurers in the state reopen closed Hurricane Katrina claims, according to the company’s chief...
Resetting State Farm’s Katrina punitive damages
Feb 12 2007 // At the trial of this cause of action, this Court submitted instructions to the jury for it to determine whether punitive damages should be awarded and, if so, in what amount. After deliberating, the jury returned a verdict...
Court reverses $20 million jury award to ex-State Farm agents
Feb 12 2007 // The Missouri Court of Appeals recently threw out a $20 million jury award to five former State Farm Insurance agents who claimed they were improperly terminated for criticizing the company’s treatment of...
Resetting State Farm’s Katrina punitive damages
Feb 12 2007 // At the trial of this cause of action, this Court submitted instructions to the jury for it to determine whether punitive damages should be awarded and, if so, in what amount. After deliberating, the jury returned a verdict...
Declarations
Feb 12 2007 // Different approach “From day one, USAA has adjusted Hurricane Katrina claims responsibly, and we will continue to do so until every claim is closed. According to media reports, State Farm reportedly declined coverage...
Katrina punitive damages reduced
Feb 12 2007 // The federal judge overseeing the Katrina claims cases in Mississippi has reduced a recent $2.5 million jury award of punitive damages against State Farm to $1 million. U.S. District Judge L.T. Senter ruled that a punitive...
Resetting State Farm’s Katrina punitive damages
Feb 11 2007 // At the trial of this cause of action, this Court submitted instructions to the jury for it to determine whether punitive damages should be awarded and, if so, in what amount. After deliberating, the jury returned a verdict...
Katrina punitive damages reduced
Feb 11 2007 // The federal judge overseeing the Katrina claims cases in Mississippi has reduced a recent $2.5 million jury award of punitive damages against State Farm to $1 million. U.S. District Judge L.T. Senter ruled that a punitive...
State Farm Won’t Renew 2,600 Policies in Alabama Beach Towns
Feb 5 2007 // Facing hundreds of hurricane-damage lawsuits on the Mississippi coast, State Farm Fire and Casualty Co. cited back-to-back years of storm losses in announcing Friday it will not renew coverage for about 2,600 policyholders...
USAA Defends Its Katrina Response Against Comments by Miss. AG Hood
Feb 1 2007 // In response to a recent pending settlement involving State Farm Insurance, certain victims of Hurricane Katrina and the State of Mississippi, USAA or United Services Automobile Association, came forward to define what it...
Judge Reduces State Farm’s Punitive Damages in Miss. Katrina Case
Jan 31 2007 // The federal judge overseeing the Katrina claims cases in Mississippi has reduced a recent $2.5 million jury award of punitive damages against State Farm to $1 million. U.S. District Judge L.T. Senter ruled that a punitive...
Homeowners win key water v. wind Katrina claims case against State Farm
Jan 29 2007 // Insurer then settles next case without going to trial; U.S. Rep. Taylor calls for Congressional probe of industry claims practices In a Hurricane Katrina claims decision watched closely by the insurance industry, a federal...
Southern surprise?
Jan 29 2007 // There was an important court ruling in Mississippi earlier this month that had the whole industry, not just Mississippians, watching closely. The insurance industry, or at least State Farm, was surprised when the insurer...
Declarations
Jan 29 2007 // Universal health plans “We must commit ourselves to the goal that all Kansans will have health insurance, and we must begin now.” Kansas Gov. Sebelius comments in her “state of the state” address on...
People and Places
Jan 29 2007 // Argonaut Group Inc., based in San Antonio, reported that Gregory M. Vezzosi has joined the organization as executive vice president and chief operating officer. Vezzosi will report to Mark E. Watson III, president and...
Mississippi surprise?
Jan 29 2007 // The insurance industry, or at least State Farm, was surprised earlier this month when the insurer lost a closely-watched Mississippi case involving wind and water damage from Hurricane Katrina. “We did not expect...
It Figures
Jan 29 2007 // $60 billion The record estimated income after taxes for the property casualty insurers in 2006, according to the Insurance Information Institute. $8 billion The estimate of insured catastrophe losses in 2006, down from $62...
