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- Los Angeles-based Farmers Group to close its Timonium office, lay
- Farmers Group Inc., a provider of insurance management services, plans to close its Timonium office and lay off 120 employees. The Los Angeles-based firm plans to shift the work to an Overland Park, Kan., service center starting Aug. 1, the company said in a required filing with Maryland's...
- Research articles 2005-07-14
- Farmers group expands
- Farmers Group is expanding in Wisconsin by recruiting more agents, district managers and claims representatives. It also has opened a new office in Elm Grove. Farmers is currently the sixth largest property and casualty insurer in Wisconsin. In 1997, it had more than 130 agents in the state and it...
- Research articles 1998-07-01
- Farmers Insurance Chairman of the Board Denlea retires
- LOS ANGELES--BUSINESS WIRE--March 3, 1997--Leo E. Denlea Jr., chairman of the board for Farmers Group Inc., will retire after 16 years of service, it was announced by the insurance management and holding company based in Los Angeles. His retirement is effective March 1997, when Denlea turns 65....
- Research articles 1997-03-03
- Ill. eyes Farmers takeover bid.
- Ill. Eyes Farmers Takeover Bid The Illinois Insurance Department has rejected as incomplete a required form filed by Hoylake Investments Ltd. in its bid to acquire Farmers Insurance Group. The form is the first step the Bermuda-based Hoylake must take to ...
- Research articles 1989-08-14
- Sir James is wrong. (Sir James Goldsmith of B.A.T. Industries in the sale of a U.S. insurer, Farmers Group) (editorial)
- Sir James Is Wrong There is no disputing that the hostile $21 billion takeover battle for B.A.T. Industries launched by Sir James Goldsmith and partners presents a complex and sensitive situation for the parties involved. However, the main sticking point in the...
- Research articles 1989-08-28
- Ill. Dept. rejects form filed by bidder for Farmers. (Illinois Insurance Department, Hoylake Investments Ltd., Farmers Insurance Group)
- ILL. DEPT. REJECTS FORM FILED BY BIDDER FOR FARMERS The Illinois Insurance Department has rejected as incomplete a required form filed by Hoylake Investments Ltd. which is the first step in the firm's bid for regulatory approval to acquire Farmers Insurance Group. ...
- Research articles 1989-08-14
Additional Resources
- A.M. Best Affirms Ratings of Farmers Insurance Group and Farmers Group Inc
- OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength rating FSR of A Excellent and issuer credit ratings of "a" of Farmers Insurance Group Farmers and its members. Concurrently, A.M. Best has affirmed the debt ratings on the outstanding surplus notes of Farmers Insurance Exchange and Farmers Exchange...
- Research articles 2008-04-29
- A.M. Best Comments on Ratings of Farmers Insurance Group Following Agreement of Farmers Group, Inc. to Acquire Bristol West Holdings, Inc
- OLDWICK, N.J. -- A.M. Best Co. has commented on the recent announcement that Farmers Group, Inc. FGI, a wholly-owned subsidiary of Zurich Financial Services Group Zurich Switzerland, has agreed to acquire Bristol West Holdings, Inc. BRW (NYSE:BRW). As part of the transaction, FGI will sell the underlying insurance business to...
- Research articles 2007-03-06
- A.M. Best Affirms and Assigns Ratings to Farmers Insurance Group; Affirms Rating of Farmers Group Inc
- OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength rating FSR of A Excellent and assigned an issuer credit rating of "a" to Farmers Insurance Group Farmers. Concurrently, A.M. Best has affirmed the FSR of A Excellent and the ICRs of "a" of Farmers Insurance Exchange, Fire Insurance...
- Research articles 2007-03-20
- B.A.T. bidders name trustees for Farmers Group.
- B.A.T. BIDDERS NAME TRUSTEES FOR FARMERS GROUP The Anglo Group has named three trustees who would temporarily supervise Los Angeles-based Farmers Group following the proposed acquisition of Farmers' parent, B.A.T. Industries, by Anglo's subsidiary, Hoylake Investment Ltd. The trustees were named...
- Research articles 1989-08-14
- Goldsmith: will sell Farmers to buy BAT. (James M. Goldsmith; B.A.T. Industries PLC's insurance subsidiary Farmers Group Inc.)
- GOLDSMITH: WILL SELL FARMERS TO BUY BAT LONDON FNS -- Sir James Goldsmith Wednesday boosted his chances of taking over B.A.T. Industries PLC when he announced a deal to sell its insurance holdings to a French insurance group for $4.5 billion. The arrangement is conditional...
- Research articles 1989-08-24
- Axa Midi gives up its pursuit of Farmers Group.
- Axa Midi Gives Up Its Pursuit of Farmers Group Axa Midi's pursuit of Farmers Group is over. Following Hoylake Investments' decision not to renew its $21 billion bid for BAT Industries, Axa Midi has announced it will withdraw its applications in the...
- Research articles 1990-04-30
- Axa calls Farmers Group a 'poison pill' for BAT.
- Axa Calls Farmers Group A `Poison Pill' For BAT BAT Industries, the London-based conglomerate, has conducted a continuing campaign to use Farmers Insurance Group, Los Angeles, as a "poison pill" in an effort to protect BAT's entrenched management, without any concern for the interests...
- Research articles 1990-02-19
- Farmers hit with $57.2M punitive damage award. (Farmers Group Inc.)
- Farmers Ins. Group said it will appeal a $57.2 million punitive damage award by an Orange County, Calif., judge who described the insurer's conduct in the handling of a patent infringement claim as "despicable, vile, malicious, fraudulent and oppressive." Superior Court Judge C. Robert...
- Research articles 1993-10-25
- Farmers' agents sue company for $600 million. (Farmers Group)
- Farmers Group Inc is facing two antitrust lawsuits related to its Agency Network System. United Farmers Agents Association Inc and insurance agents Thomas J. Vinson and Robert D. Moon are accusing Farmers of coercing agents into buying their computer equipment to use the network, although the network can be accessed...
- Research articles 1992-06-29
- Farmers Group, Inc. Appoints Scott Lindquist to Executive Vice President and Chief Financial Officer
- LOS ANGELES -- Farmers Group, Inc., announced today the appointment of Scott Lindquist, currently Controller of Genworth Financial, to the position of Executive Vice President & Chief Financial Officer. "I am very pleased to announce that Scott Lindquist will join Farmers Insurance effective February 11, 2008," explained Farmers CEO...
- Research articles 2008-01-08
- French insurer agrees to buy Farmers Group. (Axa-Midi Assurances)
- FRENCH INSURER AGREES TO BUY FARMERS GROUP In a move to strengthen his bid for B.A.T. Industries, London, Sir James Goldsmith of Hoylake Investments Ltd., Bermuda, has reached a conditional agreement to sell Los Angeles-based Farmers Group--B.A.T.'s U.S. insurance subsidiary--to Axa Midi Assurances, ...
- Research articles 1989-08-28
- Farmers Group offers Oklahoma customers a discount for electronic
- Farmers Group Inc. began offering an auto insurance discount to Oklahoma customers for vehicles equipped with electronic stability control technology. Farmers is offering a 5 percent discount on the collision coverage portion of an auto policy, said Jeff Dailey, Farmers president of personal lines. "The...
- Research articles 2008-05-06
- Farmers Group Inc. issues preferred shares
- LOS ANGELES--BUSINESS WIRE--Sept. 22, 1995--Farmers Group Inc. Friday announced a $375 million public offering of 8.45 percent quarterly income preferred securities QUIPS.Fifteen million shares will be offered at $25 per share. The QUIPS have a 30-year term, subject to extension under certain circumstances, and are not subject to early...
- Research articles 1995-09-22
- Farmers Group to acquire Foremost
- Foremost Corporation of America has entered into a definitive agreement to be acquired by the insurance exchanges of the Farmers Insurance Group of Companies in a transaction valued at about $812 million. Subject to stockholder and regulatory approvals, the merger is expected to be completed during the first quarter of...
- Research articles 1999-12-01
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