BNET Industries
State Farm Mutual Automobile Insurance Co. is in the Financial Services Industry
Latest News and Analysis
Georgia Insurance Commissioner to Investigate Companies' Use of Credit Scoring.
By Damon Cline, The Augusta Chronicle, Ga. Knight Ridder/Tribune Business News Aug. 15--Georgia Insurance Commissioner John Oxendine said Tuesday he plans to investigate how insurers base premiums on credit scores. The commissioner has subpoenaed six insurance companies -- State Farm,...
Overhead & Profit.
Can They Be Deducted in ACV Settlements? Many insurers routinely deduct overhead and profit factors from actual cash value ACV partial loss settlements. In light of bad faith concerns and the limited number of case authorities that have provided meaningful guidance to the...
Georgia Customers Await Savings from Auto Insurance Rate Reductions.
Knight Ridder/Tribune Business News Aug. 18--Like a lot of young parents, Sabrina Griffin and her husband work hard to pay the bills. So naturally they were excited to hear their insurance company, State Farm, announce it will reduce auto insurance premiums for its 1.4 million...
State Farm told to pay $172M rebate.(California Proposition 103 refunds)
SACRAMENTO--State Farm--California's largest insurer, with more than a fifth of the state's property-casualty market--has been ordered to pay $172 million in Proposition 103 refunds, but the company and state regulators agreed that rebate checks aren'tSACRAMENTO--State Farm--California's largest insurer, with more than a fifth of the state's...
State Farm spared hit on Prop. 103.
SACRAMENTO - California Insurance Commissioner Chuck Quackenbush, in an unusual targeting California's largest property-casualty carrier, has flatly rejected a state administrative judge's ruling that State F is not required to pay Proposition 103 rebaSACRAMENTO - California Insurance Commissioner Chuck Quackenbush, in an unusual targeting California's largest...
Fla. commish backs HO moratorium.(homeowners' insurance)(Florida Insurance Commissioner Bill Nelson)
TALLAHASSEE--Florida Insurance Commissioner Bill Nelson has agreed to go along with a recommendation by the state's Academic Task Force on Hurricane Insurance and will ask state lawmakers to extend the moratorium on the cancellation of state homeowners policies past its November 1996 expiration date. The...
State Farm vows to boost Calif. inner-city writings. (State Farm Insurance Co.)
State Farm, which limited the sale of new homeowners' insurance policies in California in the wake of last year's devastating Northridge earthquake, will begin writing new coverage for low-and moderate-income people in inner-city areas of Los Angeles aState Farm, which limited the sale of new homeowners' insurance...
California dept. challenges State Farm. (California Department of Insurance)
State Farm has been ordered by California Insurance Commissioner John Garamendi to justify its automobile and homeowners insurance rates and a wide range of other practices which he believes are illegal. "Despite an overall decrease in claims State Farm has been ordered by...
State Farm sues to challenge Calif. auto regulations.
STATE FARM SUES TO CHALLENGE CALIF. AUTO REGULATIONS State Farm has filed a lawsuit challenging emergency regulations issued last month by California Insurance Commissioner Roxani Gillespie which restrict territorial rating and limit auto rate increaSTATE FARM SUES TO CHALLENGE CALIF. AUTO REGULATIONS ...
N.J. orders homeowners' rate cut.
N.J. Orders Homeowners' Rate Cuts A decision by New Jersey Insurance Commissioner Kenneth Merin ordering five insurance companies to lower their homeowners' rates in that state has been met with resistance. Two of the largest insurance companies in the state, State Farm...
Additional Resources
MillerCoors Scholarships Helps Bayou Classic Schools Win Where It Counts
Grambling State University and Southern University to Receive $20,000 for Scholarships GOLDEN, Colo. -- MillerCoors announced today it would donate $10,000 each to Grambling State University and Southern University for student scholarships, as part of its on-going support of historically black colleges and universities (HBCU's). The MillerCoors scholarships...
Southwest Airlines Proud to be the Official Airline of the State Farm Bayou Classic
Southwest Airlines celebrates being part of the most legendary Black College Football event. DALLAS, Nov. 24 /PRNewswire-FirstCall/ -- The legendary rivalry between Grambling State University and Southern University is showcased at the State Farm Bayou Classic, and Southwest Airlines is celebrating as the Classic's official airline. This...
Thought You'd Never Live Long Enough to Get Your Money Back? Think Again
Young families get the need for lifeinsurance, but in today's economy it's not easy to decide how to preparefor one's future. People need security -- but they also want flexibility. State Farm gets it, too. And we've come up with an answer. It's calledthe Return of Premium...
State Farm Bayou Classic and KaBOOM! Team Up to Build New Playground in Just One Day
NEW ORLEANS, Nov. 20 /PRNewswire/ -- More than 200 volunteers from State Farm Bayou ClassicR, organizers from KaBOOM! and residents of the New Orleans community will join forces on Friday, Nov. 28 to build a new, safe playground at the Abramson Science & Technology Charter School (5552 Read Boulevard)....
Coors Light Brings FanFare to the Florida Classic
Classic Rivals Bethune-Cookman University and Florida A&M to receive total of $20,000 for scholarships GOLDEN, Colo. -- Coors Light announced today that it will sponsor the 29th Annual Florida Classic presented by State Farm. As part of its sponsorship, Coors Light will create game excitement for Classic fans...
State Farm® Already Aiding Victims of Southern California Fires
LOS ANGELES, Nov. 16 /PRNewswire/ -- State Farm, California's leading insurer of homes and vehicles, continues its build up of claim handling resources in the southern part of the state devastated by multiple wildfires. Hundreds of State Farm agents, agents' staff members, local claim representatives and members of the...
Engle Martin & Associates Opens St. Louis Office
ATLANTA -- Malcolm K. Clark and John A. Chestnas, have joined Engle Martin & Associates, Inc. to open its newest location in St. Louis, MO. This will be the second Missouri office for Engle Martin as its Kansas City office was opened in June 2005. Clark is a...
Response Insurance Group Ranked Above Most Large Insurers by Connecticut Insurance Department for Sixth Year
MERIDEN, Conn., Nov. 3 /PRNewswire/ -- The Response Insurance Group, a national direct-to-the-consumer auto insurer, once again beat most of the "household-name" insurers, as measured by the fewest number of complaints against the companies, according to the Connecticut Insurance Department's recently released rankings. With just one justified...
Nebraska State Treasurer Announces Change in State Farm® College Savings Plan
OFI Private Investments, a subsidiary of OppenheimerFunds, Inc., to become Investment Manager and Service Provider LINCOLN, Neb., Nov. 3 /PRNewswire/ -- Nebraska State Treasurer Shane Osborn announced that effective Nov. 1, 2008, OFI Private Investments OFIPI, a subsidiary of OppenheimerFunds Inc., will become the new investment manager...
Nebraska State Treasurer Announces Change in State Farm® College Savings Plan
OFI Private Investments, a subsidiary of OppenheimerFunds, Inc., to become Investment Manager and Service Provider LINCOLN, Neb., Nov. 3 /PRNewswire/ -- Today, Nebraska State Treasurer Shane Osborn announced that effective Nov. 1, 2008, OFI Private Investments OFIPI, a subsidiary of OppenheimerFunds Inc., will become the new investment...
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State Farm Mutual Automobile Insurance Co. Company Info
NAICS Code
Direct Property and Casualty Insurance Carriers: 524126Brought to you by IBM
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