State Farm Archives - Carrier Management

Lawsuit Against State Farm Alleges Racial Discrimination in Claims Handling

State Farm's claims handling process is the subject of a new lawsuit alleging disparities between the insurer's treatment of claims from Black policyholders versus claims ...

State Farm Still Dealing With Return of Its Workforce: CEO Tipsord

State Farm CEO Michael Tipsord said the nation's top property/casualty insurer will likely never be the same following the pandemic — and that may be a good ...

State Farm Will Start Hiking Auto Rates, Allstate CEO Predicts

Allstate's chief executive officer said his company will likely continue pushing for auto insurance rate hikes next year, and he expects the carrier's largest mutual competitor—State Farm—to move ...

Broken Infrastructure, Scattered Wreckage, Alligators Greet Claims Teams

Damaged infrastructure created new obstacles for claims adjusters responding to Hurricane Ian, along with widespread flooding, damaged cellphone towers and even an occasional alligator. Sedgwick ...

State Farm Agrees to Settle Katrina Claims Lawsuit With Mississippi AG

Mississippi has quietly settled its lawsuit against State Farm Fire and Casualty Co. for allegedly minimizing its Hurricane Katrina payments to policyholders, leaving the state to compensate ...

Bigger Than a Hippo: State Farm Invests $1.2B in ADT; Hippo Reacts

State Farm and ADT, a smart home technology provider, announced yesterday that State Farm will make a $1.2 billion equity investment in ADT, a move that will give the nation's largest insurer a 15 ...

State Farm Invests $1.2B in ADT; Adopts ‘Predict and Prevent’ Mindset

State Farm and ADT, a smart home provider, announced that State Farm will make a $1.2 billion equity investment in ADT, a move that will give the nation's largest insurer a 15 percent ownership stake ...

State Farm to Pay $100 Million to Federal Government for Hurricane Katrina Claims

State Farm Fire and Casualty Co. and two former claims adjuster sisters, who more than 16 years ago filed a lawsuit claiming the insurer committed fraud against the government's National Flood ...

Big Dog Still Off the Porch: State Farm Beats GEICO In J.D. Power Rankings

When Warren Buffett told Berkshire Hathaway investors that State Farm continues to dominate the large auto insurance carrier landscape during this year's annual meeting, he was referring to scale ...

Consumer Group Demands Probe After NY Times Reports on Alleged Bias at State Farm

A national consumer rights group on Thursday called on state insurance commissioners to investigate racial bias in claims handling after the New York Times reported on discrimination lawsuits filed ...