State Farm’s 3.3 million California auto insurance policyholders will soon see a decrease in their premiums, as the California Department of Insurance approved an 8 percent, $219 million rate cut. The 8 percent rate cut is a statewide average. The actual savings for individual policyholders may be different, depending on a number of rating factors, […]
Nevada Insurance Commissioner Scott J. Kipper has approved a rate change for homeonwers insurance premiums as filed by State Farm Fire and Casualty Co. The rate change will become effective on April 1, 2009, for new business and on May 15, 2009, for renewals. Depending on the individual characteristics and coverage levels, this statewide average […]
Effective March 9, State Farm Mutual Automobile Insurance Company, the largest insurer of autos in South Carolina and in the nation, is lowering its overall auto insurance rate level in South Carolina by an average of 2.1 percent. This represents an annual savings of $10.9 million for South Carolina customers. After this change is implemented, […]
Effective March 9, State Farm Mutual Automobile Insurance Company, the largest insurer of autos in Georgia and in the nation, is lowering its overall auto insurance rate level in Georgia by an average of 1.5 percent. This represents an annual savings of $16.2 million for Georgia customers. After this change is implemented, State Farm’s overall […]
Two days after State Florida’s Insurance said it wanted to pull out of Florida, the state’s insurance commissioner says he’s issued a subpoena requesting detailed information about the company’s Florida property insurance policyholders. The subpoena is requesting names, addresses, policy types, policy limits and premium information for each of State Farm’s Florida policyholders.
(PRNewswire via COMTEX) – Survey of auto repair facilities shows significant differences in repair quality, speed, and customer experience Caution! Not all insurance companies are the same when it comes to fixing your car! In a blind survey of 50 New Jersey auto repair facilities performed by USA/Direct, an independent research firm, High Point Auto […]
Saying its finances are weakened, State Farm’s Florida unit wants to get out of the business of property insurance in the state. The company, Florida’s largest private insurer of homes and condos with 1.2 million policies, wants to keep only auto insurance, it said in a statement. Other State Farm units would still sell life, […]