LOS ANGELES -- FarmersInsurance Group of Companies[R] has sent $37,500 plus food and clothing to help the American Red Cross relief efforts following the terrible aftermath of Hurricane Ike. "There are still thousands of Texans without power, and so many in need of help," noted Farmers CEO Paul...
LOS ANGELES -- FarmersInsurance announced it has become the national sponsor of the Smithsonian's "Exit Saigon, Enter Little Saigon" exhibition that explores the story of the Vietnamese American experience in America from 1975 to the present through photographs. "We are pleased to present the exhibit which will cover...
SANTA MONICA, Calif., Dec. 20 /U.S. Newswire/ -- Insurers charge good drivers living in California's predominantly African- American and Latino ZIP Codes substantially more for automobile insurance than good drivers in predominantly White communities, according to an analysis by Consumers Union, the non-profit publisher of Consumer Reports magazine. In...
EXECUTIVE SUMMARY WHILE the largest securities brokerage firms have numerous offices in the San Fernando Valley, most are operated from remote headquarters locations. The Business Journal's list of securities brokerages includes both local firms as well as a number of national operations. Most offer a Wide array...
By Purva Patel, Houston Chronicle Knight Ridder/Tribune Business News Dec. 9--The state's settlement with FarmersInsurance this week doesn't bode well for State Farm customers, consumer advocates say. The settlement sought little and tabled questions regarding Farmers' rate-making...
By Diana McCabe, The Orange County Register, Calif. Knight Ridder/Tribune Business News Oct. 2--When Sandi and Chris Sayers heard their auto insurance rates were dropping 5 percent, they bought a new car -- for their teenage daughter. "Without the decrease,...
Haynes v. FarmersInsurance Exchange, 32 Cal. 4th 1198, 89 P. 3d 381 (California Supreme Court--May 17, 2004) Haynes involved an automobile policy that provided, in two separate portions of the policy, there was no coverage for claims made arising out of permissive use of the vehicle. Policyholder William...
EXECUTIVE SUMMARY WHILE the largest securities brokerage firms have numerous offices in the San Fernando Valley, most are operated from remote headquarters locations. The Business Journal's list of securities brokerages includes both local firms as well as a number of national operations. Most offer a wide array of...
Teen-age drivers evoke images of reckless speed and its consequences--but insurers see them in a different light. With their numbers expected to create a baby-boom-like demographic bulge by 2010, insurers are busily reaching out to this group. Many auto writers are starting a dialogue with teens...
By Clay Robison, Houston Chronicle Knight Ridder/Tribune Business News Aug. 13--AUSTIN, Texas--An effort to impose new state oversight over a major source of homeowners' revenue for FarmersInsurance Group was ...uietly derailed during the closing hours of last spring's legislative session....
News Desks LOS ANGELES--BUSINESS WIRE--Dec. 29, 2002 Los Angeles Local & District Manager of the Year, Armando Fernandez, Gets His First Submarine Ride Riding front and center on the FarmersInsurance float this year will be Armando Fernandez, FarmersInsurance's 2002 District Manager of the Year....
By Aissatou Sidime, San Antonio Express-News Knight Ridder/Tribune Business News Sep. 26--FarmersInsurance Group of Cos. said Wednesday that it will abandon the Texas homeowners' market and no longer renew policies starting Nov. 11. Farmers' action will affect about...
By Terrence Stutz, The Dallas Morning News Knight Ridder/Tribune Business News Dec. 22--AUSTIN, Texas--Nearly a month after the state's top insurance regulator put new limits on mold coverage in homeowner policies, major insurers have yet to embrace the changes, and two of the ...
Some insurers are using strategic alliances as a quick and profitable alternative to mergers and acquisitions. When Safeco wanted to add machinery-breakdown coverage to its standard business owners policies last year, it didn't buy the leader in the field--Hartford Steam Boiler. It formed a...
Competition is intense in the auto insurance market. To hold the line, insurers are cutting rates, becoming more customer-focused and changing how they sell. The battle for market share in the auto insurance industry is heating up. Fast-moving Progressive and Geico have established a...
Insurers have been slower than book sellers and stock brokerages to embrace the Internet for business transactions, but they're gaining momentum. Best's Review examined hundreds of Web sites and asked the largest insurers how they were using the Internet to conduct business with...
OMAHA, Neb.--BUSINESS WIRE--Oct. 1, 1999-- FarmersInsurance Group will return more than a half-million dollars to many of its customers in Nebraska in the form of reduced homeowners rates. Beginning Oct. 15, many of Farmers' customers in metropolitan areas will see a rate decrease that will average 4...
LOS ANGELES--BUSINESS WIRE--Sept. 9, 1999-- When was the last time you thought of an insurance company providing student loans, real estate and mortgage assistance or an auto buying service that helps secure the best sales price for its customers? Never? Well, never say never. FarmersInsurance Group of...
AUSTIN, Texas--BUSINESS WIRE--Aug. 23, 1999-- FarmersInsurance Group Monday announced that its Catastrophe Claims Team is in place at various points along the Texas Gulf Coast and is ready to begin processing claims. Farmers spokesman Bob Huxel announced that approximately 30 specially trained catastrophe claims representatives are working...