Farmers Insurance Group News

Farmers Insurance Further Reducing Florida Business

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 …

Minnesota Fines 2 Insurers for Refusing to Pay Auto Accident Claims

Minnesota Commerce Commissioner Mike Rothman has fined two insurance companies for violating state consumer protection laws by refusing to pay auto accident claims for damage caused by drivers they insured. In recent consent orders with the Commerce Department, American Family …

Minnesota: Farmers Insurance Exchange Overcharged Renters for Auto Coverage

Minnesota Commerce Commissioner Mike Rothman has ordered an insurance company to refund more than $300,000 to Minnesota drivers who were charged higher auto insurance rates solely because they were renters rather than homeowners. According to the Minnesota Commerce Department Insurance …

21st Century Insurance Cutting 50 Positions in Delaware

Farmers Insurance Group said it recently notified some 50 21st Century Insurance employees in Wilmington, Delaware, that their positions would be eliminated. The move comes as Los Angeles-based Farmers Insurance continues to phase out its auto insurance subsidiary 21st Century …

California Agents Get Creative to Sell Rideshare Endorsement

Kathy Lamm, an insurance agent in Costa Mesa, Calif., over the past month or two has been busy selling a ridesharing endorsement that Farmers Insurance Group introduced in California in late May. Lamm started spreading the word soon after the …

California Agents Get Creative to Sell Rideshare Endorsement

Kathy Lamm, an insurance agent in Costa Mesa, Calif., over the past month has been busy selling a ridesharing endorsement that Farmers Insurance Group introduced in California in late May. Lamm started spreading the word soon after the product became …

Farmers Introduces Rideshare Insurance Coverage in Arkansas

Los Angeles-based Farmers Insurance has launched Rideshare Insurance Coverage for ride-hailing drivers in Arkansas. Farmers worked with representatives of the Arkansas Insurance Department, legislators and leaders of Transportation Network Companies (TNCs) to develop a product specifically designed to provide ride-hailing …

Farmers and Foremost to Pay South Dakota $750K after Probe

South Dakota insurance regulators and two insurance groups have reached a settlement that will result in a $750,000 total penalty against the companies. The state’s Division of Insurance announced the settlement with Farmers Insurance Group and Foremost Insurance Group. The …

Dead L.A. Stadium $5.8M in Free Publicity for Farmers

Farmers Insurance Group received nearly $6 million in free media exposure for putting its name on a downtown Los Angeles stadium that will never be built. Anschutz Entertainment Group this week announced that it was no longer pursuing a $1.2 …

Farmers Files Suit Against Multiple N.Y. No-Fault Medical Providers

Los Angeles-based Farmers Insurance Group announced that Farmers Insurance Exchange, one of the insurers comprising Farmers Insurance Group, and affiliates have filed a lawsuit in the state Supreme Court of New York against more than six New York no-fault medical …