State Farm News
Frozen Pipes Lead to $628M in Losses for State Farm
New analysis highlights just how costly frozen and winter water damage claims can be. From January 2024 through June 2025, State Farm received more than 20,000 claims, totaling over $628 million in ...
State Farm, USAA and Allstate Leading on AI Patents
Three property/casualty insurers have dominated the industry's artificial intelligence patent activity since 2014. State Farm, USAA and Allstate account for 77 percent of all AI patents by insurers ...
Unpacking a Consumer Intervenor’s Novel Idea
Homeowners insurance is one of the most heavily regulated industries in the United States. Regulations aim to protect consumers from arbitrary rates and unfair practices and ensure that insurers can ...
State Farm Sued Over Policies Backed by Distressed Insurer PHL
State Farm Mutual Automobile Insurance Co. faces a lawsuit accusing it of fraud and unjust enrichment for selling products from PHL Variable Insurance Co., which authorities say has a $2.2 billion ...
The Good Neighbor
Life could not have been better for Merritt Farren.
After a high-level career as Amazon's Associate ...
State Farm Expands Mobile Accident Detection & Response Technology
Earlier this month, State Farm announced it is rolling out enhanced accident response technology across Illinois and Florida. The company's revamped app offers real-time accident detection, automatic ...
Illinois Sues State Farm for Refusal to Release Homeowners Insurance Data
The State of Illinois is suing State Farm for refusing to provide nationwide homeowners insurance data at the request of the Illinois Department of Insurance (IDOI). Attorney General Kwame Raoul ...
Analysis: State Farm Bolsters Surplus by Freeing Up Billions in Loss Reserves
Despite devastating California fires causing upward of $40 billion in losses for U.S. property/casualty insurers, the industry still managed an underwriting profit of ...