Best's News


News & Research
Advanced Search Advanced Search



   
   
 
 
 Search Results

[x] Source
BestWire

[x] Companies
State Farm Group

  Topic

 
1 through 20 of 1,251 matching documents, newest pages first.   Sort by relevance

State Farm Changing Agent Terms, Benefits While Investing in 'Human Plus Digital' Approach
State Farm agents to assist in finding coverage." Technology, including artificial intelligence, is playing a bigger role at State Farm and across the industry. "Many customers ...
Source: BestWire   Date: May 29, 2026
Subscription or Purchase Required

State Farm Increases Cost of Los Angeles Wildfires to $5.7 Billion, Cites 'Real Progress'
Los Angeles for the foreseeable future. It said some policyholders are still making decisions about recovery. Earlier it reported paying more than $5 billion to auto, homeowners ...
Source: BestWire   Date: April 27, 2026
Subscription or Purchase Required

Federal Court Considering State Farm Motion on RICO Allegations Tied to Claims Practices
Mutual Automobile Insurance Co.'s actions before and after California's Palisades wildfires. In January 2025, the plaintiff's home was "completely reduced to ashes" following the ...
Source: BestWire   Date: February 26, 2026
Subscription or Purchase Required

State Farm Annual Net Income Doubles as Auto Swung to Underwriting Profit
State Farm Life Insurance Co. and State Farm Life and Accident Assurance Co.'s net income increased to $2.1 billion from $1.7 billion on $1.22 trillion of individual life insurance ...
Source: BestWire   Date: February 26, 2026
Subscription or Purchase Required

State Farm: New 10% Personal Auto Rate Cut Yields 2025 Average 17% Drop in Tennessee
Tennessee for new customers. Less-costly auto damage claims enabled the rate cuts, State Farm said in a statement. A 10% average rate decline took effect on Dec. 15 for new ...
Source: BestWire   Date: December 22, 2025
Subscription or Purchase Required

Louisiana Approves 9.7% Average Homeowners Rate Hike, 5.9% Auto Rate Drop for State Farm
Insurance said in a statement. The company also said non-catastrophe homeowners losses are rising. "Addressing the affordability of homeowners insurance in Louisiana will require ...
Source: BestWire   Date: December 15, 2025
Subscription or Purchase Required

State Farm Says LA Wildfire Losses Hit $5 Billion as County, Regulators Investigate Claims Handling
State Farm General Insurance Co.'s handling of claims submitted in the wake of the Easton and Palisades fires in January. It seeks a trove of documents related to human and ...
Source: BestWire   Date: December 9, 2025
Subscription or Purchase Required

State Farm Seeks to Lower California Auto Rates After Double-Digit Hike in January
State Farm Mutual Automobile Insurance Co. said it has filed to reduce average private passenger automobile insurance rates by 6.2% in California as physical damage losses continue ...
Source: BestWire   Date: November 24, 2025
Subscription or Purchase Required

AM Best Downgrades Credit Ratings of State Farm Mutual Automobile Insurance Company and Affiliates, Takes Various Credit Rating Actions on Subsidiaries
Farm Life Group (State Farm Life). The outlook of these Credit Ratings (ratings) has been revised to stable from negative. AM Best has also taken ratings actions on separate ...
Source: BestWire   Date: November 14, 2025
State Farm Cutting Florida Auto Rates for Fourth Time in Year; No Excess Refund Planned
June (BestWire, Sept. 16, 2025). Florida's private passenger auto insurers must report premiums, losses and loss adjustment expenses, loss development, other related expenses and ...
Source: BestWire   Date: October 29, 2025
Subscription or Purchase Required

State Farm Filing to Return to Massachusetts Homeowners, Auto Markets
The parent company has since rebranded all of its U.S. acquisitions as Mapfre USA. Safety Group is another top-five writer of homeowners and auto in the state. AM Best recently ...
Source: BestWire   Date: October 20, 2025
Subscription or Purchase Required

Illinois Insurance Director Files Lawsuit to Force State Farm National Homeowners Data Release
Illinois customers or the cost of their insurance." A hearing is set for Dec. 15 in the Circuit Court of Cook County, Illinois. The Illinois Department of Insurance's demand in the ...
Source: BestWire   Date: October 15, 2025
Subscription or Purchase Required

Lawsuit Accuses State Farm of AI Misuse, Discrimination
State Farm Insurance Co. is facing allegations it violated discrimination laws and other state and federal laws when it denied and canceled policies by using "cheat-and-defeat AI ...
Source: BestWire   Date: October 7, 2025
Subscription or Purchase Required

State Farm Starting Voluntary Exit Program, Process to Realign Workforce
...Fischer told Best's News. The largest property/casualty insurer in the U.S. employs more than 65,000 people across the country. That number shouldn't change significantly, she ...
Source: BestWire   Date: September 4, 2025
Subscription or Purchase Required

Illinois Governor's Opposition to State Farm Rate Hike Could Have Industry Repercussions
General Assembly for a legislative solution." State Sen. Michael Hastings on July 11 termed State Farm's rate hike a "slap in the face to consumers and lawmakers." He said ...
Source: BestWire   Date: July 15, 2025
Subscription or Purchase Required

Illinois Governor Calls on Regulators, Legislators to Act on 'Unfair' 27.2% State Farm Rate Hike
Insurance and General Assembly to take action. "These increases are predicated on catastrophe loss numbers that are entirely inconsistent with the Illinois Department of ...
Source: BestWire   Date: July 11, 2025
Subscription or Purchase Required

State Farm Approved for 27.2% Rate Increase in Illinois on Cat Losses
New State Farm Fire and Casualty Co. policyholder rates rise an overall 27.2% in mid-July under an approved request the carrier said was driven primarily by expected catastrophe ...
Source: BestWire   Date: July 10, 2025
Subscription or Purchase Required

California Regulator Only Investigating State Farm General Post-LA Fires Claims Handling With Exam
Gabriel Sanchez told BestWire. Any exam the department initiates of the claims practices of other insurance companies would be based upon "specific issues facing those insurers and ...
Source: BestWire   Date: June 16, 2025
Subscription or Purchase Required

California Insurance Regulator Investigating 'Troubling' Claims Patterns at State Farm
State Farm General Insurance Co. said it is cooperating with a market conduct examination started by the California Department of Insurance to investigate what the regulator called ...
Source: BestWire   Date: June 13, 2025
Subscription or Purchase Required

California Commissioner Adopts Judge's Approval of State Farm Interim Rates of Up to 38%
Judge Karl-Fredric Seligman in a May 12 decision. He called the move legal and "appropriate in this instance" and the "only practical means of stabilization" for its homeowners ...
Source: BestWire   Date: May 13, 2025
Subscription or Purchase Required


Page: 1 2 3 4 5 6 7 8 9 10 next >>