State Farm News
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 ...
The Latest Launches From State Farm, Nirvana Insurance, Everspan
State Farm and Ford announced the launch of Drive Safe & Save Connected Car for customers with eligible connected Ford or Lincoln vehicles to benefit from usage-based insurance (UBI). State Farm ...
Diversity a Big Part of Post-Pandemic Hiring: III Joint Industry Forum
Victor Terry has a simple tip for insurers hiring new, younger employees: They don't have any particular desire to fit in. "Gen X, which I am a part of, [has] learned how to figure out how to ...
State Farm, Generali Join $53M VC Round for Nexar, an AI Computer Vision Startup
State Farm and Generali joied the $53 million financing round for Nexar, an AI computer vision startup based in New York. The technology startup provides crowd-sourced visual data that is ...
Allstate, State Farm Top J.D. Power’s 2021 U.S. Small Commercial Insurance Customer Satisfaction Ranking
Allstate scored highest in J.D. Power's annual customer satisfaction ranking for U.S. Small Commercial insurers. The property/casualty insurer landed an 848 out of 1,000 points. State Farm grabbed ...
In Pandemic Auto Insurance Shopping Boom, Brands Are Secondary: J.D. Power
Nearly half of auto insurance customers have shopped around for new policies during the coronavirus pandemic, but few cared about specific brands, according to the J.D. Power 2021 U.S. Insurance ...
Insureds Seeking Premium Cuts Must Ask State Regulator First, Judge Rules
A federal judge has ruled that State Farm Fire and Casualty Co. does not have to return premiums to a small business customer because of the insured's reduced business during the pandemic. The judge ...
State Farm Makes an Acquisition for the First Time
State Farm Mutual Automobile Insurance Co. is acquiring Dallas-based nonstandard auto insurer, GAINSCO, in a $400 million cash transaction. It will be the first time in State Farm's 98-year history ...