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1 through 20 of 60 matching documents, best matches first.   Sort by date

LA County Probes Farmers' Wildfire Insurance Claims for Possible Handling Violations
Los Angeles County is investigating Farmers Insurance Co.'s handling of claims related to the January 2025 Eaton and Palisades wildfires for potential violations of California's ...
Source: BestWire   Date: September 9, 2026
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QBE Places $400 Million Catastrophe Bond Against Named Storms, Earthquakes
The cat bond closed on Dec. 29, QBE said. Swiss Re Capital Markets recently closed on a $400 million catastrophe bond covering U.S. named storms, earthquake, severe weather and ...
Source: BestWire   Date: December 29, 2025
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Swiss Re Places $400 Million US Multiperil Catastrophe Bond for Farmers
Farmers said in a separate statement. Topanga Re issued two tranches of notes for the offering: $300 million of Series 2025-1 Class A notes and $100 million of Series 2025-1 Class ...
Source: BestWire   Date: December 22, 2025
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Farmers Plans 5% Policy Increase for California Homeowners in Wildfire-Distressed Areas
Farmers said in the rate filing. Water losses have trended favorable on lower frequency and elevated severity, it said, reflecting a shift to higher deductibles. "We also work with ...
Source: BestWire   Date: November 24, 2025
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AM Best Affirms Credit Ratings of Farmers New World Life Insurance Company and Farmers Reinsurance Company
...Farmers Re) (Woodland Hills, CA). The outlook of these Credit Ratings (ratings) is stable. The ratings of FNWL reflect its balance sheet strength, which AM Best assesses as very ...
Source: BestWire   Date: October 1, 2025
Farmers Insurance Group to Permanently Lay Off 63 Employees in October
Statistics (BestWire, Sept. 5, 2025). The drop came a month after the industry bucked a hiring slowdown seen in the wider economy by adding 7,500 positions in July. The five ...
Source: BestWire   Date: September 9, 2025
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Farmers to Hire More Than 100 Employees to Fill Direct Sales Roles
Farmers Insurance Exchange and Farmers Group Inc. said in recent state notifications (BestWire, Aug. 25, 2025). The company was notified on May 30 of unauthorized access to ...
Source: BestWire   Date: August 27, 2025
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Farmers: Third-Party Vendor Data Breach Impacts 1.1 Million Policyholders
Personal information on more than 1.1 million policyholders was accessed during a third-party vendor's data breach, Farmers Insurance Exchange and Farmers Group Inc. said in state ...
Source: BestWire   Date: August 25, 2025
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Farmers Exchanges Estimate California Wildfire Losses at $600 Million
Fairfax Financial Holdings Ltd. could see net losses from the wildfires that devastated the Los Angeles area come in between $500 million and $750 million, according to preliminary ...
Source: BestWire   Date: February 19, 2025
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Farmers Reopening Lines, Expanding New Homeowners in California
Personal Lines President Behram Dinshaw said in a statement. "We want to be well-positioned to provide even more coverage options to residents in the state,'" he said. California ...
Source: BestWire   Date: December 11, 2024
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Oklahoma Commissioner: Farmers Nonrenewing Some Homeowners at Risk of Wildfire
The Smokehouse Creek wildfire started on Feb. 26 and burned a record 1.06 million acres in the Texas Panhandle and western Oklahoma. It damaged or destroyed hundreds of homes and ...
Source: BestWire   Date: September 24, 2024
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Farmers Insurance Resuming New California Commercial Multiperil Business
California Restaurant BOP program remains under a moratorium. We are working to file additional enhancements with the California Department of Insurance that, once approved, would ...
Source: BestWire   Date: May 14, 2024
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Farmers CEO: Some Insurance Premiums Will Mirror the Cost of Mortgages
Farmers Chief Executive Officer Raul Vargas. In certain areas the concentration of risk is huge, Vargas told California Insurance Commissioner Ricardo Lara at the inaugural Global ...
Source: BestWire   Date: April 12, 2024
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AM Best Affirms Credit Ratings of Members of Farmers Insurance Group
Farmers Insurance Group (Farmers). At the same time, AM Best has affirmed the Long-Term Issue Credit Ratings (Long-Term IR) of "bbb+" (Good) on the outstanding surplus notes of ...
Source: BestWire   Date: June 23, 2023
Farmers CEO Calls on Industry and Regulators to Clarify, Communicate, Reduce Climate Risk
Chief Executive Officer Jeff Dailey. "We're the experts on risk. We should be able to tell you how risky something is by sending pricing signals. If people understood the true cost ...
Source: BestWire   Date: November 4, 2022
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AM Best Affirms Credit Ratings of Members of Farmers Insurance Group
Company (Woodland Hills, CA). Concurrently, AM Best has affirmed the Long-Term ICR of "a" of Farmers' management company and attorney-in-fact, Farmers Group, Inc. (Nevada) (FGI), ...
Source: BestWire   Date: February 15, 2019
A.M. Best Affirms Credit Ratings of Members of Farmers Insurance Group
Company (Woodland Hills, CA). Concurrently, A.M. Best has affirmed the Long-Term ICR of "a" of Farmers' management company and attorney-in-fact, Farmers Group, Inc. (FGI), as well ...
Source: BestWire   Date: February 14, 2018
Farmers Estimates a $90 Million Net Incurred Loss From Northern California Wildfires in October
Yuba counties in October. The insurer said in a statement it received more than 4,000 claims from the Northern California wildfires to date at an estimated gross cost of $1.2 ...
Source: BestWire   Date: December 14, 2017
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Farmers Insurance Hiring 400 at New Arizona Claims, Service Center
Bonney told Best's News Service. The company is holding hiring events and will hire qualified candidates on the spot, Bonney said. The new facility supports agents and customers ...
Source: BestWire   Date: June 15, 2017
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A.M. Best Affirms Credit Ratings of the Members of Farmers Insurance Group
Company (Farmers Re) (Woodland Hills, CA). Concurrently, A.M. Best has affirmed the Long-Term ICR of "a" of Farmers management company and attorney-in-fact, Farmers Group, Inc. ...
Source: BestWire   Date: January 19, 2017

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