A new insurance commissioner has allowed State Farm to charge higher rates and deductibles in Texas. State Farm Insurance on Dec. 1 was authorized to switch many of its 1.2 million homeowner policies to a higher deductible. The Dallas Morning …
State Farm Insurance says U.S. Senator Richard Blumenthal’s request that the company drop Irene-related hurricane deductibles in Connecticut would actually be unfair to policyholders and introduce all sorts of uncertainty. State Farm — the largest U.S. insurer of homes and …
U.S. Senator Richard Blumenthal (D-Conn.) called on State Farm Insurance to drop its hurricane deductible for Connecticut residences whose homes were damaged by Tropical Storm Irene. Blumenthal was joined at his Hartford press conference on Tuesday, Oct. 11, by Elizabeth …
For the second time in three years, one of the largest homeowners in Alabama has indicated it will not raises rates along the coastline in lieu of a statewide average five percent increase on inland properties. State Farm announced that …
Florida churches are having to seek insurance elsewhere after one of the state’s provider of coverage to houses of worship has decided to leave the market. State Farm Florida recently announced it will exit the church market, a move that …
The Texas Department of Insurance has denied a catastrophe determination petition submitted by State Farm Insurance Cos. in response to wildfires that have plagued the state in September. The department said it denied the petition based on the information provided …
Global insurance broker Marsh has appointed Bill Pieroni to the role of chief operating officer, effective Sept. 19. Pieroni comes from State Farm where he served as senior vice president. In his new role at Marsh, he will be responsible …
A year after most Georgia insurers increased homeowners premiums by 9 to 23 percent, a new wave of increase requests is pending. State Farm, Georgia’s largest writer of homeowners policies, is seeking a 7 percent increase for next year. That …
Fourteen homes have been destroyed in Arizona yesterday, after the Monument Fire burning near Sierra Vista went south into neighborhoods. All told, there are six fires burning in Arizona, and five in New Mexico. As of June 21, the six …
The Chicago chapter of the National African-American Insurance Association (NAAIA) announced that its Chicago corporate sponsor, State Farm, presented scholarships to 10 academically-outstanding youth representing area high schools. This year’s scholarship recipients are: Latoya Alexander of Ellen Richards Career Academy; …
