Latest State Farm Headlines
All the headlines from our State Farm Topic Page, ordered by recency.
Florida Jury Rules State Farm Driver Owed $3 Million in Lawsuit
Apr 14 2011 // A middle school teacher in Florida has been award $3 million in damages after a jury found State Farm refused to live up to its contract on a 2008 car accident. David Bowler sued State Farm for damages and medical costs...
Texas Lawmaker Cancels State Farm Policy Over Refund Issue
Apr 14 2011 // Texas State Rep. Joaquin Castro of San Antonio has announced he is terminating his policyholder relationship with State Farm Insurance Co. because of the company’s persistent refusal to pay back customers that have...
State Farm Plans Mileage-Based Premiums in Illinois
Apr 14 2011 // State Farm plans to begin increasing or lowering some of its Illinois policy holders’ rates next year based on how far they drive. The Bloomington-based company says its new Drive Safe and Save program will only be...
State Farm Again Ordered to Refund Texas Policyholders
Apr 12 2011 // A judge in Austin, Texas, has ruled that State Farm Insurance Co. must comply with a state insurance department directive to repay policyholders in a long running dispute between the insurer and Texas insurance regulators...
Florida Approves 18.8% State Farm Rate Increase
Apr 12 2011 // Florida Insurance Commissioner Kevin McCarty has approved a statewide average 18.8 percent rate increase in State Farm’s homeowners’ policies, which is roughly 10 percent below the 27.9 percent it initially...
State Farm Denied Rate Hike in Louisiana; Citizens Gets 6.5% Increase
Apr 4 2011 // Louisiana insurance regulators rejected a rate increase from the state’s largest insurer of homes, but the board of the state’s property insurer of last resort approved a rate hike, albeit smaller than the one...
State Farm Homeowners’ Rate Hike Rejected in Louisiana
Mar 24 2011 // Louisiana insurance regulators have rejected a rate increase from the state’s largest insurer of homes. State Farm Fire and Casualty Co. wanted an average 14.3 percent rate hike for its 301,000 customers who get...
State Farm Sponsors ‘Stay-in-School’ Campaign with Heat’s James
Mar 22 2011 // LeBron James studies statistics all the time. One in particular is jumping out at him these days. And it has nothing to do with basketball. James will help lead a new stay-in-school initiative being unveiled in Washington...
State Farm Posts $1.8 Billion Net Income for 2010 Despite Underwriting Losses
Mar 3 2011 // State Farm reported $1.8 billion in after-tax net income in 2010, compared with $800 million in 2009. The improvement “was driven by the P-C companies’ improved results,” said the bulletin, which also...
State Farm Florida Cites Sinkhole Claims in Rate Hike Bid
Feb 18 2011 // Citing sinkhole losses and higher operating expenses, State Farm Florida asked state regulators this week for a 28 percent premium increase on its homeowners policies. Sinkhole claims, which are approaching $2 billion over...
Texas Judge, a State Farm Customer, Withdraws from Overcharges Case
Feb 18 2011 // A Texas judge who’s a State Farm Insurance customer has withdrawn from hearing the company’s fight against paying $350 million in alleged overcharges. The case has been reassigned to Judge Rhonda Hurley. No new...
State Farm Florida Seeks 28% Home Insurance Rate Hike
Feb 1 2011 // State Farm of Florida is requesting a statewide average 27.7 percent homeowners insurance rate increase citing the rising costs of sinkhole claims. The request comes as Florida lawmakers are trying to broker a deal over...
State Farm Plans Small Hike in Tennessee Auto Rates
Jan 25 2011 // State Farm Mutual Automobile Insurance Co., the largest insurer of autos in Tennessee, is increasing its overall rate level in the state an average of 0.4 percent effective Feb. 21. After this rate change is implemented,...
Georgia Supreme Court Upholds Insurers in 2 Uninsured Motorist Cases
Dec 16 2010 // The Supreme Court of Georgia has ruled in favor of insurance companies in two cases involving how much people injured in car wrecks should get under uninsured motorists coverage. At issue was whether the two injured...
Insurer Launches Ad Campaign Within Facebook Game ‘Car Town’
Dec 15 2010 // Building its brand messages directly into the game play of the popular social game Car Town – the only game on Facebook built around licensed automotive brands –State Farm today launched a six-month advertising...
California Approves Pay-As-You-Drive Insurance Programs
Dec 2 2010 // California Insurance Commissioner Steve Poizner has approved filings by the Automobile Club of Southern California and State Farm Mutual Automobile Insurance to offer pay-as-you-drive insurance. The PAYD Insurance program...
Judge Schedules Motions in State Farm Whistleblower Suit in MIssissippi
Oct 29 2010 // A federal whistleblower lawsuit filed against State Farm Fire & Casualty Co. will not go to trial Dec. 1 as scheduled. Instead, U.S. District Court Judge L.T. Senter Jr. has decided to hold a status conference on the...
State Farm Florida Ratings Lowered by A.M. Best
Aug 4 2010 // A.M. Best Co. has downgraded the financial strength rating to B- (Fair) from B (Fair) and issuer credit rating to bb- from bb of State Farm Florida Insurance Co., which is based in Winter Haven. The outlook for both...
State Farm Lowers Rates in West Virginia
Aug 4 2010 // State Farm Mutual Automobile Insurance Co., the largest insurer of autos in West Virginia and in the nation, is decreasing its overall rate level in West Virginia an average of 0.2 percent effective Aug. 30. After this...
State Farm Won’t Add New Flood Policies but Agents Will Still Sell Them
Jun 21 2010 // State Farm Insurance Co. has decided to discontinue writing new flood insurance policies with the National Flood Insurance Program but the company says it will still service existing policies, and State Farm agents will...
