Latest State Farm Headlines
All the headlines from our State Farm Topic Page, ordered by recency.
STATE FARM PUTS MORATORIUM ON CALIF. HOMEOWNERS’ INSURANCE
May 13 2001 // Saying the company’s top priority is to its current customers, State Farm has put a moratorium on issuing homeowners’ policies in California until further notice. “We’ve been facing some real...
Oregon Court Decision Forces Insurers to Change Auto Policy Language
May 7 2001 // The Oregon Supreme Court is at it again, although on a much smaller scale. Less than two years after the Oregon high court called into question the validity of every ex-clusion in an insurance policy with its decision in...
Get Them When They Need It
Apr 23 2001 // I have to say one thing for those direct writers—they sure do their market research homework. I recently moved to a new address, and no sooner had I finished putting in new shelf liner than I got a fat envelope in the...
Illinois Appellate Court Affirms State Farm Aftermarket Part Decision
Apr 9 2001 // Last week, an Illinois state Appellate Court upheld most of a lower court’s verdict in a nationwide class-action lawsuit against State Farm Mutual Automobile Insurance Co. The court, in its affirmation of the trial...
DRAMA in the Nonstandard Arena: The NONSTANDARD AUTO MARKET gets ready for action that will include
Mar 19 2001 // The nonstandard auto market enjoyed above-average growth and profitability across the country through much of the 1990s. In fact, by the late ’90s, low entry barriers, including modest surplus levels required to...
STATE FARM REPORTS DROP
Mar 12 2001 // State Farm Insurance Cos., the nation’s largest personal lines insurer, announced Feb. 28 that its net income dropped 60 percent in 2000 due to a combination of increased claims and reduced rates. Net income from all...
State Farm Earnings Plunge 60 Percent
Mar 1 2001 // State Farm Insurance Cos., the nation’s largest personal lines insurer, announced yesterday that its net income dropped 60 percent in 2000 due to a combination of increased claims and reduced rates. Net income from...
State Farm Agent Faces Charges in Alleged Insurance Scam
Feb 21 2001 // Editor’s note: In a response to a question which read, have you ever at any time been under indictment for any crime, Dr. Saracino’s answer is yes. On Feb. 13, 2001, Barbara and her husband were indicted for a...
Welcome to our First Ever
Jan 8 2001 // The demarcation between years always seems to take on a contemplative aspect. We look back to where we’ve been, and then look forward to weigh our expectations. Will the market continue to harden? Will the dot-coms...
State Farm Introduces Vehicle Safety Discount
Nov 29 2000 // State Farm Mutual Automobile Insurance Company is implementing a new auto insurance discount. Using its actual claim payments for driver and passenger injuries by make and model of vehicle, the company is awarding...
State Farm the Focus of News Show Investigation
Nov 28 2000 // Syndicated television news magazine “Inside Edition” reported Monday that State Farm is buying wrecks, fixing them and putting them back on the road with clean rather than salvage titles. According to a news...
Federal Appellate Court Rules Again on Slab Damage Claim
Nov 6 2000 // In 1998, the Texas Supreme Court addressed the question of whether the standard Texas homeowners’ policy covered damage to a home’s foundation resulting from a plumbing leak. The court decided that the standard...
Former Red Bluff Insurance Agent Gets Prison Term, Fine
Nov 3 2000 // A Tehama County Superior Court judge sentenced David Michael Chene, a former Red Bluff insurance agent to nine years in state prison on Nov. 1. Chene was also ordered to pay $273,000 in restitution plus 10 percent interest...
AON, STATE FARM PEN AGREEMENT
Oct 23 2000 // Aon Corp. and State Farm Mutual Automobile Insurance Company have signed an agreement in which State Farm will market commercial insurance specialty products developed and serviced by AON. The products, which will be sold...
AON, State Farm Pen Agreement
Oct 12 2000 // Aon Corp. and State Farm Mutual Automobile Insurance Company have signed an agreement in which State Farm will market commercial insurance specialty products developed and serviced by AON. The products, which will be sold...
State Farm Gets Nod to Offer Nationwide Banking
Oct 11 2000 // Services State Farm Insurance Cos. has received federal approval to offer banking services nationwide by late 2001. The company opened State Farm Bank in 1999, and began training Chicago-area agents to sell its bank...
State Farm Responds to Report It Alerted Firestone to Tire Problems in 1997
Aug 17 2000 // State Farm Mutual Automobile Insurance and Bridgestone/Firestone Inc. took exception to an Aug. 16 Los Angeles Times article which reported a State Farm spokesman as saying that the insurer had noticed an unusually high...
New State Farm Ad Campaign Targets West Coast Chinese Market
Aug 10 2000 // State Farm Insurance announced the launch of an advertising campaign targeting the Chinese community in San Francisco, Los Angeles and Toronto. The new marketing campaign will include television, print and radio ads that...
Indiana Regulators to Investigate State Farm
Aug 7 2000 // Indiana insurance regulators are set to investigate whether State Farm Mutual Auto Insurance Co. unfairly denies or limits medical claims of crash victims. Critics say some “utilization review” firms hired by...
State Farm Cuts Auto Rates in California
Aug 4 2000 // Further evidence that the personal auto market is far from making a complete turn: State Farm, California’s largest insurer of passenger cars, will drop rates in the state an average of 5.0 percent, effective Sept....
