state farm News

Meet Tony, the Good Boy Investigating Arson Across Tennessee

MEMPHIS, Tenn. (AP) — Tony is an unusual dog. He never eats his food out of a bowl, always feeding from his human’s hand. He has a distinct physical appearance, having lost part of his tail as a puppy. And …

Fla. Appellate Court Finds State Farm Can Use Medicare Rules to Reduce Payment in PIP Claim

State Farm was within its rights when it reduced payments in a personal injury protection claim to a medical provider for multiple diagnostic scans that were performed on the same patient during the same visit, the Florida 4th District Court …

Updated FAA Rules May Expand Insurer Use of Drones to Survey Damage

New Federal Aviation Administration rules are expected to clear the way for expanded commercial use of drones, which are increasingly being used by insurers to assess property damage. The updated Operations Over People rules, which took effect on April 21, …

State Farm Pilot Uses Sensors to Detect Wiring Defects That Can Cause Fires

State Farm is sending sensors that can detect hazards in electric wiring to 40,000 homeowners in California, Arizona and Texas as part of a pilot project that will measure potential savings and customer acceptance. Mike Fields, a State Farm vice …

Auto Claims Climbed with Summer Reopenings, but Dropping Again as Virus Rages

The sharp reduction in personal auto claims that followed COVID-19 shutdown orders began to fade away after the Memorial Day weekend, but frequency appears to dropping again in reaction to a resurgence of the disease. Andy Cohen, chief operating officer …

6th Circuit Affirms Class Action Suit to Collect Underpayments by State Farm

A federal appellate court has cleared the way for a class-action lawsuit to proceed against State Farm Fire and Casualty Insurance Co. that may force the insurer to correct underpayments paid to some 65,000 policyholders. A 6th Circuit Court of …

Consumer Groups Say Some Auto Insurer Lockdown Rebates Are Too Small

Two consumer groups said on Thursday that some of the largest U.S. auto insurers, including billionaire Warren Buffett’s Geico Corp, are short-changing customers on premium rebates as Americans drive less due to stay-at-home orders aimed at curbing the coronavirus outbreak. …

Lockdowns Cut Driving and Crashes, Bring Insurance Discounts

DETROIT — Interstates and city streets are empty and cars are quarantined in their owners’ garages, so consumer advocates argue that it only makes sense for auto insurance rates to reflect that. In the states of Washington and New York, …

Buffett’s Geico Offers $2.5 Billion Credits as Coronavirus Cuts Driving

Geico Corp, part of billionaire Warren Buffett’s Berkshire Hathaway Inc, said on Tuesday it will offer about $2.5 billion of credits to its 19 million auto and motorcycle policyholders, reflecting the decline in driving stemming from the coronavirus pandemic. The …

Claims Pros Adjusting to Lower Volumes, Pandemic Complications

The coronavirus pandemic has not shut down the day-to-day business of adjusting claims, but the workload is lighter and claims managers are coping with evolving government regulations and guidelines. Crawford & Co. says it has added a new step to …