The nation’s largest insurer has stepped up its investment in telematics, announcing this week an upgrade to its usage-based insurance program that allows policyholders to check on their driving habits trip-by-trip instead of waiting for a periodic score card. State …
Two insurance carriers filed separate lawsuits last week against medical doctors and their pain-management clinics, accusing them of submitting bills for unnecessary medical procedures performed on vehicle-accident victims. State Farm Mutual Auto Insurance Co. filed suit in the U.S. District …
Louisiana’s largest auto insurer will cut its rates starting in April by an average of 3.2 percent for its roughly 1 million Louisiana policyholders. Insurance Commissioner Jim Donelon announced the rate decrease for State Farm on Thursday. It’s the company’s …
A new report ranks Missouri near the bottom of all states for driver safety laws, at a time when distracted driving is happening at a high rate. Advocates for Highway and Auto Safety, a national roadway safety coalition, has released …
The Federal Aviation Administration (FAA) recently granted a waiver to State Farm to allow the insurer the ability to inspect damage caused by Hurricane Florence. The approval, received just last week, allows State Farm to operate drones on longer range …
One of the sports world’s biggest advertisers, State Farm doubled down last week, buying the naming rights for the home venues of the Atlanta Hawks and Arizona Cardinals. State Farm Arena and State Farm Stadium, commitments of 20 and 18 …
Insurers’ use of drones to inspect property claims came into full swing in 2017, after the FAA began issuing permission allowing commercial firms to operate unmanned aerial vehicles in designated U.S. airspace. Nearly a year later, while some insurers remain …
Plymouth Rock Assurance Enters New York State Auto Insurance Market On the heels of its expansion into Pennsylvania, Plymouth Rock Assurance will introduce drivers in the Empire State to its unique product and service offerings like the Crashbusters mobile claims …
With an average of 3,000 hailstorms annually in the United States, it’s no surprise that in 2017, State Farm paid more than $3 billion in hail claims to homeowners in the U.S. Hailstorms often occur with thunderstorms, tornadoes, and other …
Three weeks after Hurricane Harvey made landfall in Texas, claims tallies and the storm’s financial impact are beginning to be calculated. The Insurance Council of Texas estimated $19 billion in insured losses resulting from Hurricane Harvey. The ICT reports massive …