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1 through 20 of 325 matching documents, newest pages first.   Sort by relevance

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
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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
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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
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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
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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
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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
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State Farm Pays Out $2.45 Billion in LA Wildfire Claims
March 11 video conference. Lara wants State Farm to halt all California nonrenewals and cancellations through the end of the year. And he called on parent State Farm to inject $500 ...
Source: BestWire   Date: March 27, 2025
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State Farm Urges Swift Action on California Rate Request, Refutes Manipulation
... General Treasurer Mark Schwamberger said. He signed the March 11 letter to Lara, along with Krause and State Farm General General Counsel Keesha-Lu Mitra. It included SFG's ...
Source: BestWire   Date: March 12, 2025
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State Farm General CEO Sounds Dire Warning at California Regulatory Rate Hike Meeting
Mark Schwamberger said. "When you're in that position where you don't have rate adequacy, you don't believe you can be self-sustaining, that is the emergency need," Schwamberger ...
Source: BestWire   Date: February 28, 2025
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California Regulator: State Farm Hasn't Met Burden of Proof for Emergency Interim Rate Hikes
State Farm explain the significant decrease in its policyholder surplus?" the commissioner asked in a Feb. 14 letter to the company. "What has State Farm done to prevent its ...
Source: BestWire   Date: February 14, 2025
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State Farm: California Fires Brought Nearly Half a Billion Dollars in Payouts, Over 10,000 Claims
County alone, the spokeserson said. Statewide, the company insures more than 1 million homes and more than 4 million autos representing billions in risk. A review of 11 years of ...
Source: BestWire   Date: January 27, 2025
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Update: State Farm Says It Will Forego Advertising During Super Bowl Amid LA Fires
...Adds Progressive Corp. in ninth paragraph saying it doesn't plan to air a Super Bowl commercial.) State Farm said it will not air a commercial during the Feb. 9 Super Bowl, as ...
Source: BestWire   Date: January 17, 2025
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Three Carriers Take in Nearly 4,700 Claims From Catastrophic Tennessee/Kentucky Tornadoes
Gibson County, Sulateskee said. Of the remaining five tornadoes, four were rated EF-2 by the National Weather Service. An EF-2 with peak winds of 130 mph that spun across Davidson ...
Source: BestWire   Date: December 14, 2023
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AM Best Revises Outlooks to Negative for State Farm Mutual Automobile Insurance Company and Certain Subsidiaries
...Winter Haven, FL) and of MGA Insurance Company, Inc. (MGA) (Dallas, TX). AM Best also has revised the outlooks to negative from stable and affirmed the FSR of A (Excellent) and the ...
Source: BestWire   Date: September 22, 2023
Aon: Insurers’ Tab for Recent String of US Severe Storms to Hit Hundreds of Millions
South Carolina and Florida. State Farm took in 6,700 claims through April 8, including 1,000 each from Florida and Georgia and nearly 950 from Texas. Wind damage accounted for ...
Source: BestWire   Date: April 11, 2022
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Update: Experts Estimate $3 Billion Loss, Cite Challenges After Tornadoes Slam Kentucky
...Adds loss estimate and comment from CoreLogic.) Insurers likely incurred $3 billion of losses from the severe Dec. 9-12 storm that spun off multiple strong tornadoes, according to ...
Source: BestWire   Date: December 14, 2021
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Aon: Devastating US Storm, Powerful Tornadoes Cause Insurance Loss in Billions
United States, Aon said. The tornado that largely leveled Mayfield, Kentucky, including a candle factory with more than 100 employees inside, looks like it started in northeast ...
Source: BestWire   Date: December 13, 2021
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State Farm Sees Drop in Hail-Related Losses in 2018
Insurance Information Association. Loss numbers for 2017 of $3.86 billion in hail-related homeowners and auto losses increased after the company had posted its 2017 top-10 hail ...
Source: BestWire   Date: March 20, 2019
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Alfa Takes in More Than 200 Claims After Severe Storms, Tornadoes Hit Southeast
Alabama and Georgia near the state line. That tornado was on the ground nearly 27 miles, and at its maximum was one mile wide, according to the National Weather Service. The ...
Source: BestWire   Date: March 6, 2019
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American Family Pays More Than $2 Million in Claims for Iowa Tornadoes
News Service, July 23, 2018). The National Weather Service confirmed EF-3 tornadoes in Marshalltown and Pella, each with peak estimated 144 mph winds, and an EF-2 tornado in ...
Source: BestWire   Date: August 16, 2018
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