Farmers Insurance News

Insurance Agent Charged with Workers’ Comp Fraud in Oklahoma

A Norman, Okla., insurance agent has been charged with fraudulently obtaining workers’ compensation insurance policies for roofing companies. Oklahoma Attorney General Scott Pruitt’s office on April 5 filed charges against 27-year-old Fernando Espinoza, accusing the Farmers Insurance agent of making …

Farmers Agents Sue Carrier Over Contracts, Taking Client Info

A group of Farmers Group Inc. agents have filed a lawsuit in Los Angeles Superior Court alleging the Los Angeles, Calif.-based carrier has undercut them by sharing their data with a competing subsidiary and several contract violations. The United Farmers …

Zurich Posts $1.1 Billion Q1 Net Profit; Near $1.4 Billion Operating

The Zurich Insurance Group reported a business operating profit (BOP) for the first quarter of 2012 of $1.3758 billion, a 62 percent rise from $854 million in Q1 2011, and net income after tax of $1.143 billion for the period, …

East Insurance Employment: Hiring Is ‘Slightly Elevated’ in 2012

The insurance employment market in the East and Northeast regions — as in most other parts of the country — can be summed up the following way: hiring is “slightly elevated” compared to last year, but there is still a …

Farmers Names Pratt Head of Distribution for California

Larry Pratt, Farmers Insurance vice president of sales, was appointed as head of distribution for California for Los Angeles-based Farmers. Pratt started with Farmers in June 1990 in Vancouver, Wash. Prior to being promoted to his current office, he was …

Nebraska, Iowa Towns Among Safest in U.S.

Several cities in Nebraska and Iowa made Farmers Insurance’s lists of the safer and most secure places to live in the country. The insurer ranked cities of different sizes based on crime rates, natural disaster risks, environmental hazards, car accidents, …

Farmers Insurance Names Linton Chief Marketing Officer

Michael A Linton has been named enterprise chief marketing officer for Farmers Insurance. Linton, who most recently worked as executive vice president of marketing for Silicon Valley start-up, FreeMonee Network, has spent 30 years in marketing and general management for …

Farmers Settles Medical Reimbursement Class Action Suit

Farmers Insurance announced late last week that it had agreed to settle a nationwide class action lawsuit regarding the medical bills of persons involved in car accidents. The settlement may affect Farmers policyholders, or those who were being paid for …

Farmers, CEO Honored for Work with City of Hope Hospital

City of Hope hospital and research center’s National Insurance Industry Council is acknowledging Farmers Insurance and its chief executive officer, Bob Woudstra, at an annual gala being held on Nov. 12, at the Ronald Reagan Presidential Library and Museum, in …