Latest State Farm Headlines
All the headlines from our State Farm Topic Page, ordered by recency.
Settlement in Katrina Lawsuit Over Damage to Miss. Rental Home
Mar 8 2007 // A federal trial ended abruptly Tuesday when State Farm Fire & Casualty Co. settled out of court with a couple who sued the company over Hurricane Katrina damages to a rental home they own. U.S. District Judge Peter...
State Farm CEO Gets 82% Pay Raise
Mar 7 2007 // State Farm Insurance’s chairman and CEO received an 82 percent raise after the company posted a record profit last year, a statement from the Bloomington-Ill.-based insurer said this week. Chairman and Chief...
Judge Weighs Miss. Katrina Class Action, State Farm Settlement
Mar 2 2007 // A federal judge weighing competing plans to resolve thousands of disputed claims against State Farm Fire and Casualty Co. after Hurricane Katrina heard emotional testimony Wednesday in Gulfport from Mississippi...
Judge Senter Won’t Remove Self from State Farm Class Action Case
Mar 1 2007 // A federal judge in Gulfport, Miss. has refused to disqualify himself from hearing a bid to certify a class-action lawsuit against State Farm Fire and Casualty Co. over the insurer’s handling of claims after Hurricane...
State Farm to Distribute $195 Million Calif. Auto Policyholder Dividend
Mar 1 2007 // State Farm Mutual Automobile Insurance Co. announced that auto insurance policyholders in California will receive a dividend 15 percent of their semi-annual premium. The total amount to be distributed is estimated to total...
Resetting State Farm’s Katrina punitive damages
Feb 26 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...
Allstate says it paid Katrina claims of type State Farm denied
Feb 26 2007 // Giant insurer Allstate Corp., based in Northbrook, Ill., 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...
Katrina lawsuits: Are the winds of fortune changing for insurers?
Feb 26 2007 // In the immediate aftermath of Hurricane Katrina when it became apparent that property losses would total billions of dollars, the insurance industry was understandably concerned that courts in Mississippi and Louisiana...
Bullies and barons
Feb 26 2007 // We’re looking a robber baron in the face. State Farm is not a responsible corporate citizen.” That’s Mississippi Attorney General Jim Hood attacking State Farm after the insurer, still reeling from...
Miss. AG Hood picks fight with State Farm over pullback
Feb 26 2007 // Mississippi Attorney General Jim Hood said he will seek legislation aimed at blocking State Farm Insurance Cos. from refusing to write new homeowners and commercial policies in the hurricane-battered state. Hood’s...
Resetting State Farm’s Katrina punitive damages
Feb 26 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...
Allstate says it paid Katrina claims of type State Farm denied
Feb 25 2007 // Giant insurer Allstate Corp., based in Northbrook, Ill., 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...
News Currents
Feb 25 2007 // Miss. AG Hood picks fight with State Farm over pullback Mississippi Attorney General Jim Hood said he will seek legislation aimed at blocking State Farm Insurance Cos. from refusing to write new homeowners and commercial...
Editor’s Note: Bullies and barons
Feb 25 2007 // State Farm has been in a fight since Hurricane Katrina and, to be fair, Hood didn’t start it. The insurer threw the first punch when it took a hard-line stance on wind and water claims from Katrina. We’re...
Katrina lawsuits: Are the winds of fortune changing for insurers?
Feb 25 2007 // In the immediate aftermath of Hurricane Katrina when it became apparent that property losses would total billions of dollars, the insurance industry was understandably concerned that courts in Mississippi and Louisiana...
Resetting State Farm’s Katrina punitive damages
Feb 25 2007 // By Judge L.T. Senter Jr. 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,...
State Farm Eyes Auto Rate Cuts When Fla. No-Fault Law Expires
Feb 22 2007 // State Farm would cut its car insurance rates by about 16 percent if the state’s no-fault accident system ends in October as scheduled, the company said in a state regulatory filing. This week’s filing said that...
Lawyer: La. Citizens Nearing Mass Settlement of Hurricane Suits
Feb 21 2007 // Louisiana’s state-run insurer is nearing a mass settlement with policyholders that would be the first deal of its kind in the state since hurricanes Katrina and Rita spawned thousands of lawsuits, an attorney for the...
Miss. Gov. Barbour Rejects Hood’s Call to Block State Farm
Feb 20 2007 // Mississippi Attorney General Jim Hood said he will seek legislation aimed at blocking State Farm Insurance Cos. from refusing to write new homeowners and commercial policies in the hurricane-battered state. Hood’s...
