State Farm Mutual Automobile Insurance Co. News
‘Manageable’ Losses Predicted From Hurricane Hermine
Hurricane Hermine, which is poised to land in Florida Friday, may result in "manageable" losses for the insurance industry, according to Keefe Bruyette & Woods analyst Meyer Shields. The storm is ...
Dog-Bite Claims Costs for U.S. Insurers Jumped 16 Percent in 2015
The cost of dog-bite claims for U.S. insurers climbed 16 percent last year on higher medical expenses and larger settlements to resolve court disputes. The average claim increased to $37,214 in 2015 ...
State Farm’s Rust Ends 30-Year Run as CEO
State Farm Mutual Automobile Insurance Co. said Edward Rust is stepping down as chief executive officer after three decades in the post and will be replaced by the company's chief operating officer. ...