September 19, 2023
An insurer that reached a settlement with a motorist who caused a crash cannot deny a underinsured motorist claim on the basis that its policyholder failed to comply with the terms of her auto policy by not filing a subrogation …
July 27, 2023
The collapse of a New York City garage in April was caused by the negligence of the owners of the building, according to State Farm, which is suing them to recover $1.5 million in payments to the garage’s customers who …
July 19, 2023
A Georgia woman who was employed by State Farm Automobile Insurance Co. for 20 years is suing the insurer alleging she was discriminated and retaliated against because of her bladder disability. The employee, Elisa Brown, was diagnosed with overactive bladder …
June 7, 2023
LOS ANGELES (AP) — Two insurance industry giants have pulled back from California’s home insurance marketplace, saying that increasing wildfire risk and soaring construction costs have prompted them to stop writing new policies in the nation’s most populous state. State …
May 30, 2023
An insurer group was quick to respond over the weekend after State Farm announced it will cease accepting new applications for business and personal lines property/casualty in California to deal with increased risks and higher construction costs. The American Property …
February 1, 2023
Social media influencers and an insurance industry think tank are giving Hyundai and Kia vehicles the worst kind of publicity: Many of the cars the company sold are easy to steal. In the past week, newspapers and television news producers …
December 16, 2022
State Farm’s claims handling process is the subject of a new lawsuit alleging disparities between the insurer’s treatment of claims from Black policyholders versus claims from white policyholders. The suit filed Dec. 14 against State Farm Fire & Casualty Company …
October 10, 2022
Damaged infrastructure created new obstacles for claims adjusters responding to Hurricane Ian, along with widespread flooding, damaged cell phone towers and even an occasional alligator. Sedgwick Executive Vice President Danny Miller said his company is using boats to send claims …
September 19, 2022
Mississippi has quietly settled its lawsuit against State Farm Fire and Casualty Co. for allegedly minimizing its Hurricane Katrina payments to policyholders, leaving the state to compensate homeowners. The settlement says the $12 million payment represents “restitution for damage, which …
September 9, 2022
CMT Releases Updated DriveWell Platform Cambridge Mobile Telematics, a Massachusetts company that pioneered the use of telematics in usage-based automobile insurance, has launched an updated product that reports crashes to insurers within seconds. CMT said DriveWell Crash & Claims allows …