Latest State Farm Headlines
All the headlines from our State Farm Topic Page, ordered by recency.
Georgia Supreme Court Blocks ‘Stacking’ of Auto Insurance Policies
Oct 20 2009 // The Georgia Supreme Court has ruled that injured motorists are not entitled to maximize their insurance coverage by combining commercial auto insurance policies on several vehicles to cover one accident, a tactic known as...
Nationwide to Drop 60,000 Policies in Florida
Oct 19 2009 // Nationwide Insurance Co. of Florida plans to reduce its personal lines property exposure in the state of Florida by nonrenewing 60,000 homeowners policies across the state. Nationwide said that Tower Hill Group, a Florida...
Florida Insurance Chief Grilled by Lawmakers
Oct 8 2009 // Some insurance companies could go out of business if a major hurricane hits Florida, the state’s insurance commissioner told a Senate panel this week. But after more than an hour grilling by lawmakers, Commissioner...
Nationwide Insurance to Drop 60,000 Home Policies in Florida
Oct 8 2009 // Nationwide Insurance Co. of Florida plans to reduce its personal lines property exposure in the state of Florida by nonrenewing 60,000 homeowners policies across the state. Nationwide said that Tower Hill Group, a Florida...
Mississippi Ruling on State Farm Rate Hike Expected Next Month
Oct 7 2009 // Mississippi Insurance Commissioner Mike Chaney says he will decide soon whether State Farm can boost homeowners’ rates in three coastal counties. Chaney told the editorial board of The Clarion-Ledger newspaper that...
Florida Home Insurers Losing Money; Will State Farm Stay?
Oct 5 2009 // Homeowners insurers doing business in Florida – established as well as new – are losing money and the state regulator says rates may need to go up. Also, the state’s largest private home insurer, State...
West Virginia Accustomed to Being Leader in Deer Collisions
Sep 30 2009 // In West Virginia, where there’s roughly one deer for every two people and the largest city boasts an annual deer hunt within its boundaries, it’s no surprise the animals pose a common hazard for motorists. This...
Mississippi’s Chaney on State Farm 45% Hike: No Way
Sep 21 2009 // Mississippi’s insurance regulator has given State Farm extra time to try to justify its request to raise coastal homeowners insurance rates an average 45 percent even though he has already indicated he won’t...
Homeowners Insurance Rates Going Up in Alabama
Sep 14 2009 // Insurance rates are going up for many Alabama homeowners. Officials with three of the four companies that insure the most homes in Alabama say that they are raising rates. The company that sells the most homeowners...
Mississippi’s Chaney Not Backing Down in Fight Against State Farm 45% Hike
Sep 10 2009 // Mississippi’s insurance regulator has given State Farm another 30 days to try to justify its request to raise coastal homeowners insurance rates an average 45 percent even though he has already indicated he...
State Farm Scrapping Some Florida Homeowners’ Discounts
Sep 7 2009 // State Farm Florida has been given the green light to eliminate some homeowners insurance discounts but the insurer must continue to offer discounts for storm mitigation steps unless it supports that change with more...
Mississippi Insurance Chief Criticizes State Farm’s 45% Coastal Rate Hike
Aug 25 2009 // State Farm is looking to raise coastal homeowners insurance rates in Mississippi an average 45 percent but the state regulator isn’t very receptive to the idea. “I am not going to approve the present...
Florida Allows State Farm to Scrap Some Insurance Discounts
Aug 6 2009 // State Farm Florida has been given the green light to eliminate some homeowners insurance discounts but the insurer must continue to offer discounts for storm mitigation steps taken by insureds unless it supports that...
Couple Seeks U.S. Supreme Court Review in Katrina Case
Aug 3 2009 // Lawyers for a Louisiana couple whose home was destroyed by Hurricane Katrina are asking the U.S. Supreme Court to uphold a jury’s award for allegations that an insurance company acted in bad faith when it denied...
State Farm Florida Withdrawal Plan May Go To Judge
Aug 3 2009 // After months of trying, Florida state officials and State Farm Florida have not been able to agree on the insurer’s plan for withdrawing from the state, so steps have been taken to have an administrative law judge...
Florida’s Denial of State Farm 47% Rate Hike Again Upheld
Jul 21 2009 // A court has upheld Florida Insurance Commissioner Kevin McCarty’s denial of a 47.1 percent home insurance rate hike requested last July by State Farm Florida. According to the Florida Office of Insurance Regulation...
State Farm Lloyds Seeks Homeowners Rate Increase in Texas
Jul 16 2009 // State Farm Lloyds has submitted a rate filing to the Texas Department of Insurance to increase its homeowner’s insurance rates in Texas by a statewide average of 8.5 percent, beginning Oct. 1 for existing customers...
State Farm Florida Withdrawal Plan May Go To Judge
Jul 15 2009 // After months of trying, Florida state officials and State Farm Florida have been unable to agree on the details of the insurer’s plan for withdrawing from the state, so steps have been taken to have an administrative...
Today Is Hearing Deadline for State Farm Florida Exit Plan
Jul 15 2009 // Today is an important deadline in the process of settling the terms of State Farm’s withdrawal from the Florida insurance market. Representatives of Florida insurance regulators and State Farm Florida had hoped to...
Texas Supreme Court Rules for Insured in Appraisal Clause Case
Jul 10 2009 // The Texas Supreme Court recently upheld an appeals court ruling that favors the insured in a dispute over the scope of an appraisal clause in a homeowners insurance policy. Delivering the written opinion of the Court in...
