State Farm is pulling its ads from Penn State football broadcasts, while General Motors is reconsidering its sponsorship deal and Wall Street is threatening to downgrade the school’s credit rating, suggesting the price of the sexual abuse scandal could go …
State Farm has filed a lawsuit in Pennsylvania last Thursday against former Penn State assistant football coach Jerry Sandusky. In its complaint, State Farm asked a judge to declare that the insurer’s homeowners’ policy for Sandusky does not cover legal …
Florida’s third largest property insurer is seeking a statewide average 14.9 percent increase in property rates as part of a plan to shore-up its fiscal condition while revamping the deductibles and discounts it offers to policyholders. State Farm Insurance Co. …
Georgia Gov. Nathan Deal announced that Georgia’s largest writer of homeowners policies will bring 500 jobs to a new operations center in metro Atlanta. Deal made the announcement last Friday that the jobs for State Farm will be located at …
California is the top dog in State Farm’s annual list of dog bite claims, and the state’s reported 527 dog bite claims and more than $20 million paid out in 2011 by the Bloomington, Ill.-based carrier represents an increase of …
Texas Attorney General Greg Abbott is taking issue with one of the nation’s largest homeowners insurer’s plan to non-renew thousands of policies for properties along the Gulf Coast. Abbott said his office is conducting an investigation into State Farm Insurance …
Illinois-based State Farm Insurance said it will hire 3,000 people across the U.S. and Canada, filling many positions left empty during the recession, and add 900 agents. The news follows an announcement by Chrysler that it will add almost 2,000 …
Farmers Insurance will raise homeowner premiums by nearly 10 percent after Texas regulators declined to object to the increase. The Dallas Morning News reported that the rate hike, set for mid-March, will apply to about half of the Farmers Insurance …
State Farm Insurance has asked an appeals court to throw out an order requiring the company to refund about $350 million to Texas customers. A three-judge panel of the 3rd Court of Appeals in Austin took the case under advisement …
Louisiana has allowed its largest insurer of homes to raise its rates by an average 7.8 percent. State Farm Fire and Casualty Co. spokeswoman Molly Quirk told The Associated Press that the $32.2 million increase goes into effect with new …
