state farm News

State Farm to Pay Ohio $850,000 a Year for Safety Van Ads

Ohio will receive $850,000 a year after striking a deal with State Farm to place advertising on vans that help stranded motorists. The national insurer has inked a four-year contract with the Ohio Department of Transportation that gives the company …

State Farm ‘Pauses’ Los Angeles Clippers Sponsorship

In the face of Los Angeles Clippers owner Donald Sterling’s banishment from the National Basketball Association on Tuesday State Farm Mutual Automobile Insurance reaffirmed its stance that it’s taking “pause” of its dealings with the team. State Farm, which counts …

Bloomington, Illinois Remains State Farm Headquarters

State Farm Insurance Co. CEO Ed Rust Jr. says the company’s plans to expand in Arizona, Texas and Georgia will not affect the company’s headquarters in Bloomington. According to The Pantagraph in Bloomington, Rust told a crowd at Illinois Wesleyan …

Top States for Water-Related Claims: State Farm

In 2013, State Farm Insurance paid more than $1.3 billion for more than 175,000 water loss claims as a result of burst frozen pipes, flooded basements and broken appliance hoses. The top 10 states with the most water-related State Farm …

State Farm Ordered to Pay Fees and Damages Katrina Whistleblower Case

A federal judge has ordered State Farm Fire and Casualty Co. to pay legal fees and damages of $3 million in a whistleblower lawsuit after a jury found the insurer defrauded the government in a policyholder claim after Hurricane Katrina. …

USAA and State Farm Top Annual Customer Service Ranking: Temkin

USAA and State Farm deliver the best customer experience in the insurance industry, according to the 2014 Temkin Experience Ratings, an annual ranking of companies based on a study of 10,000 U.S. consumers. USAA has maintained its position as the …

State Farm Raises Illinois Homeowners’ Insurance Premiums

Several years of severe weather is costing Illinois homeowners more for insurance through one major carrier. The Bloomington Pantagraph reports State Farm raised homeowner insurance premiums an average of 4.9 percent this year. Angie Rinock is a spokeswoman for the …

NFPA Receives Grant from State Farm for Wildfire Reduction Projects

To help communities prepare residents for the possibility of a wildfire, State Farm is providing funding to the National Fire Protection Association (NFPA) Wildland Fire Operations Division. Local organizations will receive monetary awards through this grant to support and implement …

State Farm Raising Auto Insurance Rates in Louisiana

State Farm Mutual Automobile Insurance, which covers about one in every three cars in Louisiana, is raising insurance rates for drivers. The company announced Friday that the increases will average 3.4 percent, starting Feb. 17. Going up will be premiums …

Three Largest Home Insurers in Texas Plan to Raise Rates

Texas’ three largest home insurers are kicking off 2014 with steep increases in policyholder premiums, according to a report published Saturday. The Dallas Morning News reports that Allstate, Farmers and State Farm plan to raise rates for most current and …