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28, 2014 /PRNewswire/ -- The State Farm property-casualty (P-C) companies reported an underwriting gain of $230 million in 2013 on earned premium of $54.
State Farm has agreed to pay $135 million to resolve a class-action lawsuit brought by more than 2,600 adjusters in California who alleged the company violated state wage and hour laws by failing to pay them overtime compensation.
State Farm Insurance failed to adequately inspect the Meadowbrook condominium complex and concealed information from the homeowners association, the group alleged Friday during the opening day of its $15 million breach-of-contract suit against the company.
NEW STATE FARM PROGRAM: State Farm said Tuesday that it plans to shift some 1.
has affirmed the financial strength ratings (FSR) of A++ (Superior) and issuer credit ratings (ICR) of "aa+" of State Farm Group (State Farm), its property/casualty members and core life affiliates.
March 1, 2012 /PRNewswire/ --Combined net worth for the State Farm group declined in 2011 by $0.
The campaign, called "True Stories," features State Farm agents relating experiences of helping their policyholders.
California on Monday ordered State Farm Insurance to pay at least $172 million in rebates, rejecting an administrative law judge's previous ruling that the company has no obligation.