Farmers Insurance News

People News: HIIG, Farmers, Engle Martin

HIIG Announces Senior Management Promotions Houston International Insurance Group (HIIG), an insurance holding company based in Texas, announced senior management promotions of Peter Smith, Susan Swails, and Richard Hitch. Peter B. Smith has been promoted to president of the Holding …

Business News

Enservio Announces Paysurance Payments Platform Mass.-based Enservio, Inc., a provider of payments/contents claim management software and inventory and valuation services for property insurers, announced the launch of the Paysurance payments platform, a solution designed to reduce carrier costs, speed claim …

Water Damage Claims Expected to Spike Due to Strong El Nino

Winter Storm Jonas’ message to homeowners – a challenging winter lies ahead. The storm that affected 20 states was the result of a particularly strong El Niño, according to the latest Farmers Insurance Seasonal Smarts Digest. The storm brought a …

Farmers Insurance Integrates Veterans Into Disaster Response Efforts

Farmers Insurance, a national multiline insurance group, and Team Rubicon, an El Segundo-based, international nonprofit organization that unites veterans with first responders to provide emergency response services, announced the launch of a unique collaboration that will integrate the skills of …

Farmers: Rising Temps Leads to More Auto Thefts and Vandalism

Theft and vandalism is the leading cause of non-collision auto claims in the summer, according to the latest Seasonal Smarts Digest from Farmers Insurance. Among Farmers Insurance customers during the two year period of 2013 and 2014, almost 30 percent …

Farmers Reports May Storms Result in Estimated $80M in Claims Losses

Storms moving through multiple states at the end of May including Texas, Oklahoma, Kansas and Arkansas, have resulted in more than 9,000 claims already filed across multiple states for Farmers Insurance. Since the storms struck, Farmers Insurance specialized catastrophe adjusters …

Farmers Claims Data Reveals 70% of Hail Claims Occur April Through June

According to data from the Farmers Insurance Seasonal Smarts Digest, extreme spring weather brings a significant increase in damage to cars and homes across the country between April and June. The new report, which examined Farmers claims data from 2013 …

Farmers Reports 52% Jump in Q2 Homeowners Claims Due to Spring Storms

Water, wind and hail lead the race for main causes of loss to homes in the second quarter of the year according to the Farmers Insurance Seasonal Smarts Digest. April, May and June are months known for their severe weather, …

Nonprofit, Farmers Insurance Create Disaster Guide

As storm season ramps up in Oklahoma, a nonprofit group formed in the wake of Hurricane Katrina is teaming with a national insurance company to help better prepare communities for the recovery after a natural disaster. The St. Bernard Project …

Insurer Files Class Action Climate Change Suit Against Illinois Communities

A major insurance company is accusing dozens of localities in Illinois of failing to prepare for severe rains and flooding in lawsuits that are the first in what could be a wave of litigation over who should be liable for …