Latest State Farm Headlines
All the headlines from our State Farm Topic Page, ordered by recency.
County Chairman in Illinois Accused of Defrauding State Farm
Jan 7 2016 // Federal prosecutors in Chicago have indicted the chairman of the McLean County Board for defrauding State Farm and a consulting firm of more than $400,000 in unearned consulting fees. Matt Sorensen and co-defendant Navdeep...
Ex-McKinsey Consulting Partner Charged with Fraud Against State Farm
Jan 5 2016 // A former partner at consulting firm McKinsey & Co has been arrested on charges that he engaged in a scheme to submit fraudulent invoices and expenses to the company and clients, including State Farm, for more than...
Southeast Storm Update: Significant Auto Losses Expected
Oct 6 2015 // A pickup truck rests against the side of Gills Creek near a bridge in Columbia, S.C., Monday, Oct. 5, 2015. Days of torrential rains kept much of South Carolina and its capital gripped by floodwaters early Monday. (AP...
South Carolina Insurance Director: Insurers Ready for Claims from ‘Devastating’ Storm
Oct 5 2015 // The insurance industry is bracing itself for an expected onslaught of claims in the wake of what South Carolina officials are calling a 1 in 1,000 year storm. “This is an extremely devastating event,” said...
Odds of Drivers Having Collision with Animal: 1 Out of 169
Sep 14 2015 // The odds drivers will have a claim from hitting a deer, elk or moose is 1 out of 169, the same as in 2014. That likelihood more than doubles during October, November and December, when deer collisions are most prevalent,...
Appeals Court Denies State Farm’s Rehearing Request in Katrina Fraud Case
Sep 7 2015 // A federal appeals court has decided that a jury’s ruling to uphold an insurance fraud decision will stand, allowing whistleblowers who sued State Farm Fire and Casualty Co. to seek more evidence of fraud after...
Sierra Club Dragging State Farm into Climate Change Battle
Aug 27 2015 // A State Farm executive is coming under fire from activists for his position on the board of what some consider to be a “climate denier” group. Sierra Club, a progressive investor group and other activist...
Louisiana AG: Lawsuit Against State Farm to Be Heard in State Court
Aug 20 2015 // A federal judge has ruled that Louisiana Attorney General James D. “Buddy” Caldwell’s lawsuit against State Farm Auto Insurance over vehicle repair tactics will be heard in Louisiana state court, where it...
Appeals Court Denies State Farm’s Rehearing Request in Katrina Fraud Case
Aug 14 2015 // A federal appeals court has decided that last month’s upholding of a jury’s insurance fraud ruling will stand, allowing whistleblowers who sued State Farm Fire and Casualty Co. to seek more evidence of fraud...
Arizona Supreme Court Ruling May Expose Agents to Lawsuits
Aug 3 2015 // An Arizona Supreme Court ruling in July may expose agents who write auto policies to malpractice lawsuits if they are accused of failing to inform their customers about uninsured and underinsured motorists coverage —...
U.S. Appeals Court Rules for State Farm Whistleblowers in Katrina Fraud Case
Aug 3 2015 // A federal appeals court has ruled that whistleblowers who sued State Farm Fire and Casualty Co. can seek more evidence of fraud against the U.S. government after 2005’s Hurricane Katrina. In its decision, the New...
Insurers Warned to ‘Think Before You Snap’ as Florida Drone Privacy Law Takes Flight
Jul 29 2015 // The new Florida drone privacy law could have some unintended consequences for insurers looking to use or insure unmanned aircraft systems (UAM) technology. The Freedom from Unwarranted Surveillance Act (FUSA), which took...
Bad Faith Liability and an Insurer’s Refusal to Settle
Jul 22 2015 // Did you know that that an insurer can be liable for bad faith failure to settle even if it never receives a firm settlement offer? The Louisiana Supreme Court recently ruled that it can and also that an insurer can be...
Insurer’s Refusal to Settle Can Lead to Bad Faith Liability
Jul 20 2015 // Did you know that that an insurer can be liable for bad faith failure to settle even if it never receives a firm settlement offer? The Louisiana Supreme Court recently ruled that it can and also that an insurer can be...
Arizona Supreme Court Ruling May Expose Agents to Lawsuits
Jul 17 2015 // An Arizona Supreme Court ruling may expose agents who write auto policies to malpractice lawsuits if they are accused of failing to inform their customers about uninsured and underinsured motorists coverage – even with a...
U.S. Appeals Court Rules for Whistleblowers in State Farm Katrina Fraud Case
Jul 16 2015 // Whistleblowers who sued State Farm Fire and Casualty Co. can seek more evidence of fraud against the U.S. government after 2005’s Hurricane Katrina, a federal appeals court ruled July 13. In its decision, the New...
Agents in Indiana Say Insurance Increased Prior to Home Explosion
Jul 9 2015 // The girlfriend of a man accused of blowing up an Indianapolis, Ind. house, devastating a subdivision and killing two neighbors, nearly doubled the insurance coverage for the contents of her home 11 months before the...
People – East
Jun 15 2015 // Michael Tipsord, State Farm president and chief operating officer who first joined the insurer in 1988, will succeed outgoing CEO Edward B. Rust Jr. in September as chief executive officer. Rust, in speaking during a...
State Farm: Georgia Files Most Lightning Strike Claims
Jun 8 2015 // State Farm says Georgia residents file the most claims for lightning strikes in the country. The insurer’s officials told WSB-TV that it paid more than $16 million for lightning-related claims in 2014. The owner of...
Tipsord to Succeed Rust as State Farm CEO
Jun 5 2015 // Michael Tipsord, State Farm president and chief operating officer who first joined the insurer in 1988, will succeed outgoing CEO Edward B. Rust Jr. in September as chief executive officer. Rust, in speaking during a...
