state farm News

Damage Claim Hinges on Whether ‘Feral Cats’ are Domestic

Some bears can balance balls on their noses and some elephants can perch on pedestals, but that doesn’t make them domestic animals. On that principle, the Arizona Court of Appeals revived a claim against State Farm Fire and Casualty Co. …

Texas Supreme Court Clarifies Bad Faith in Appraisal Process

An insurer’s payment of the appraisal value after disputing a claim does not establish that it was liable, nor does that payment prevent a policyholder from pursuing penalties under the Prompt Payment of Claims Act, a split Texas Supreme Court …

State Farm Moves Auto Telematics into ‘Real Time’

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 …

Allstate, State Farm Sue Medical Providers for Fraudulent Billing

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 …

State Farm Announces Auto Insurance Rate Cut for Louisiana Customers

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 …

Report: Missouri Ranks Third Worst for Driver Safety Laws

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 …

State Farm Gets OK for Long Range Drone Flights to Assess Hurricane Damage

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 …

State Farm Changes Advertising Direction With NFL, NBA Stadium Deals

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’ Drone Use Picks up After 2017 Hurricane Season

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 …

Business News: Plymouth Rock, State Farm, Ametros

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 …