Farmers Insurance officials this week said they have spoken with employees after receiving an anonymous letter, apparently from a group of in-house adjusters, accusing the insurer of understaffing and overworking claims professionals. “Farmers Insurance has always been a leader in …
Farmers Insurance Names Coleman President of Business Insurance Farmers Insurance announced that Eric Coleman has joined the organization as president of Business Insurance, effective April 10. In this role, Coleman is responsible for leading commercial underwriting, product, strategy, finance and …
Farmers Insurance announced it will part ways with approximately 2,400 employees – 11% of its workforce across all lines of business. “Decisions like these are never easy, and we are committed to doing our best to support those impacted by …
One month after it announced it would stop writing new homeowner policies in Florida, Farmers Insurance now says it plans to cut back further on its presence in the hurricane-prone state. The Florida Office of Insurance Regulation said Tuesday that …
Farmers Insurance has confirmed it has halted sales of new homeowners policies in Florida just as the new hurricane season is getting underway. The insurer cited rising costs as the reason. “With catastrophe costs at historically high levels and reconstruction …
A Kansas City-area man has pleaded guilty to an arson and insurance fraud scheme that allegedly destroyed three houses from 2013 to 2019. Wandale J. Fulton, 40, was accused of conspiring with six others to buy houses, create fake lease …
The Texas Supreme Court on April 9 reversed lower court rulings and found that Farmers Insurance was within its rights when it decided 19 years ago not to renew homeowners’ policies that it feared would have forced it to cover …
Farmers Insurance has launched a range of insurance products in Louisiana that consumers can customize. The company said Louisiana customers can now access quotes and purchase auto, home, condo, and renters products in a direct-to-consumer model, combining a personalized approach …
Louisiana insurance regulators have approved rate and form filings for Farmers Insurance in advance of California-based insurer’s re-entry into the Louisiana market. The Louisiana Department of Insurance reported that Farmers is returning to the Louisiana market in March with auto, …
Farmers Insurance has launched a range of customizable insurance products in Mississippi. Customers throughout the state can now quote and purchase auto, home, condo, and renters products in a direct-to-consumer model. According to Keith Daly, president of personal lines for …
