state farm News

Broken Infrastructure, Scattered Wreckage, Alligators Greet Claims Teams

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 …

State Farm, Mississippi Settle Katrina Lawsuit for $12M

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 …

Claims Business: CMT, State Farm and Davies

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 …

State Farm to Pay $100 Million to Federal Government for Hurricane Katrina Claims

State Farm Fire and Casualty Co. and two former claims-adjuster sisters, who more than 16 years ago filed a lawsuit claiming the insurer committed fraud against the government’s National Flood Insurance Program following Hurricane Katrina, have settled. According to documents …

State Farm Sues Amazon to Recover Payout for Fire Damage Claim

State Farm Fire & Casualty is trying to get Amazon to reimburse it for a payment it made to cover damages to the home of one of its New York insureds. State Farm and its insured claim that the damage …

State Farm Lawsuit Accuses N.J. Medical Providers of $2.6M Fraud Scheme

Insurer State Farm is fighting what it says is a fraudulent medical scheme that has been exploiting New Jersey’s personal injury protection (PIP) benefits law since 2014. The insurer is seeking to recover $2.6 million in what it claims are …

Consumer Group Demands Probe After NY Times Reports on Alleged Bias at State Farm

A national consumer rights group on Thursday called on state insurance commissioners to investigate racial bias in claims handling after the New York Times reported on discrimination lawsuits filed against State Farm by a Chicago policyholder and a former employee …

Fla. Supreme Rules ‘Hybrid’ Reimbursement Model OK For PIP Claims

Automobile insurance carriers in Florida may limit reimbursement to health providers in keeping with a fee schedule in a personal injury protection policy, the Florida Supreme Court decided in a decision posted today. “We agree with the Second District Court …

Appeals Court Rejects California Home Insurance Refund Order

SACRAMENTO, Calif. (AP) — Consumer advocates said Tuesday that they will ask the California Supreme Court to overturn an appeals court ruling they said undermines the state’s ability to order billions of dollars in insurance company refunds. A San Diego-based …

Ore. Supreme Ct. Voids State Farm ‘Anti-Stacking’ Uninsured Motorist Policy Limit

A provision in State Farm auto policies that limits payouts for uninsured motorist claims to the maximum amount allowed by a single policy cannot be enforced because it does not comply with state law, the Oregon Supreme Court ruled on …