State Farm, Allstate and USAA have the lion’s share of exposure from the magnitude 7.0 earthquake that struck Alaska on Nov. 30, according to a Morgan Stanley Research brief put out on Monday. The epicenter was roughly 7 miles north …
An elementary school principal in Jacksonville, Fla., has been arrested in an alleged attempt to commit more than $16,000 in insurance fraud related to Hurricane Irma, according to a statement from Florida CFO Jimmy Patronis, who leads the state’s Department …
The Virginia Bureau of Insurance says it is “confident that insurers are actively preparing for this storm” as the potential impact of Hurricane Florence is anticipated in the state. “The Bureau’s focus is first – to encourage everyone to prepare …
A class action lawsuit against insurance giant, State Farm, alleging the company recruited a judge to run for an opening on the Illinois Supreme Court and funded, without disclosing it, his 2004 election campaign is set to go to trial …
State Farm recently started a spring storm campaign to educate consumers on hail damage. The insurer collected its homeowners’ claims data for hail damage based on total paid losses for 2017. That number totaled more than $3 billion nationwide. Using …
Insurance companies have classified Missouri as one of three states deemed “high-risk” for deer collisions. The other two states considered “high-risk” are Arkansas and Kansas according to State Farm, which insures between 20 and 25 percent of vehicles in Missouri, …
The Insurance Council of Texas (ICT) has distributed 2,000 smoke alarms to fire departments in 20 Texas cities this fall during its annual We’re Out to Alarm Texas smoke alarm campaign. This life saving campaign is adding three new cities …
California Insurance Commissioner Dave Jones announced today that State Farm has issued refunds totaling $13.3 million for overcharged premiums to 241,356 California consumers in compliance with his rate reduction order after the carrier lost two court battles. The refunds are …
California Insurance Commissioner Dave Jones has approved rate reductions for two State Farm inland marine policies that he said will bring millions of dollars in premium savings for tens of thousands of boat owners and homeowners with jewelry and higher …
State Farm is planning to close its Tulsa operations center in 2019, and the state’s insurance commissioner is none too happy about it. According to the Associated Press, spokesman Justin Tomczak said the company will be moving 530 Tulsa-area jobs …
