State Farm News
Dog Bite Injuries Making Homeowners Claims Costs Soar
Dog bite injuries are becoming increasingly costly to property/casualty insurers, according the Insurance Information Institute and State Farm. The I.I.I.'s analysis of homeowners insurance data ...
Erie Insurance Joins Commercial Drone Bandwagon
Erie Insurance is joining the drone bandwagon with news that it has obtained conditional Federal Aviation Administration approval to use the technology in its claims and underwriting processes. ...
AIG Plans to Go Global With Commercial Drone Underwriting Strategy
Now there are three. American International Group disclosed it is the latest insurer to win Federal Aviation Administration approval to operate commercial drones, following similar actions with USAA ...
USAA Follows State Farm With Commercial Drone Test Plans
USAA plans to start testing drones as a tool to help speed review of insurance claims after natural disasters. The insurer announced on April 6 that it obtained Federal Aviation Administration ...
State Farm Gets FAA Clearance for Drone Takeoff
Bloomington, Ill.-based State Farm announced yesterday that it is the first insurer in the United States to receive FAA permission to test Unmanned Aircraft Systems (UAS) for commercial use. ...
State Farm’s 2014 Underwriting Loss Partly Countered By Investment Gains
State Farm reported an underwriting loss in 2014, though investment and other income still helped leave it with an operating profit. The insurer's combined property/casualty underwriting loss landed ...
State Farm Releases Vehicle Recognition App for Car Buyers
State Farm announced its latest mobile app, CarCapture, allowing car buyers instantaneously get information about cars they like as soon as they seen them. The idea is that anyone in the market for a ...
State Farm Seeks to Test Drone Use for Damage Response in Illinois
State Farm insurance company is seeking federal approval to test drones in evaluating property damage and responding to natural disasters. The (Bloomington) Pantagraph reported that the ...