BNET Industries
State Farm Mutual Automobile Insurance Co. is in the Financial Services Industry
Latest News and Analysis
Farmers Insurance settlement worries consumer advocates in Texas.
By Purva Patel, Houston Chronicle Knight Ridder/Tribune Business News Dec. 9--The state's settlement with Farmers Insurance this week doesn't bode well for State Farm customers, consumer advocates say. The settlement sought little and tabled questions regarding Farmers' rate-making...
As California car-insurance rates drop, consumers have pick of the market.
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,...
Gearing up: insurers are using driver safety programs, sharply focused advertising and the Internet to court teen drivers.(Auto)
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...
Farmers Insurance Group to Leave Texas Homeowners' Market in November.
By Aissatou Sidime, San Antonio Express-News Knight Ridder/Tribune Business News Sep. 26--Farmers Insurance 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...
Choosing Partners.(Brief Article)
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...
Car Wars.(Auto insurance market shares)(Brief Article)
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...
ARKANSAS BUSINESS RANKINGS: PROPERTY & CASUALTY INSURANCE COS
ARKANSAS BUSINESS RANKINGS: PROPERTY & CASUALTY INSURANCE COS. Ranked...
Texas insurers seek benchmark hikes. (companies to recommend increase in rates for homeowners' insurance)
Although it's been less than a month since Texas insurers filed their rate changes for residential property coverages, it's time to present recommendations for industrywide benchmark levels again - and while some groups are calling for increased benc Although it's been less than a month since...
Farmers, State Farm see ratings cut.(A.M. Best Co.)
Concerned about exposure to earthquakes and other catastrophes, A.M. Best Co. has lowered the rating of Farmers Ins. Group and two State Farm companies. The rating firm, based in Oldwick, N.J., downgraded Farmers from A-, or excellent, to B++, or veryConcerned about exposure to earthquakes and...
State Farm, Farm Bureau lead casualty insurers
ARKANSAS' PROPERTY AND casualty insurance business is dominated by two giant corporations. Almost $290 million in direct premiums were written last year in Arkansas by State Farm Mutual Automobile Insurance Co. and its sister company, State Farm Fire and Casualty Co. Almost $210 million in premiums were written b two...
Texas accepts State Farm halt to auto writing. (Texas Legislature, State Farm Mutual Automobile Insurance Co.)
AUSTIN - Texas legislators have agreed to accept State Farm's claim that it stopped writing new auto insurance in the state for business reasons and not because it opposes stringent regulations that went into effect last year. At a recent hearing AUSTIN...
P-C premium growth rate falls to 3.7 percent. (property-casualty insurers) (Property & Casualty Premium Rankings)
P-C Premium Growth Rate Falls To 3.7 Percent The property-casualty industry was profitable in 1988, but the business grew much more slowly than in 1987, according to statistics compiled by the National Underwriter, the Insurance Services Office and P-C Premium Growth Rate Falls To...
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...
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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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