State Farm News

AURORA, ON, May 28 /CNW/ - State Farm is pleased to announce the appointment of Barbara Bellissimo as Chief Agent and Senior Vice President for State Farm in Canada. In her new role, she will be responsible for providing strategic leadership, and overseeing the sales and operations of State Farm in Canada. Ms. Bellissimo joined State Farm in 1986 and has successfully managed positions of increased responsibility in Canada for underwriting, training and field sales consulting. Ms. Bellissimo ac...

To: STATE EDITORS Contact: Geri Wilson of The Garcia Law Firm, +1-626-403-6741, +1- 626-487-2235 (cell), gerij9@yahoo.com - COMPLAINT AND ATTORNEY INTERVIEW AVAILABLE - LOS ANGELES,May 14/PRNewswire-USNewswire/--A class action lawsuit (Case #CV08-03184), was filed today in United States Federal Court, Central District, alleging that State Farm Mutual Automobile Insurance Company is enriching itself with payments rightfully belonging to its insureds in violation of California law, particula...

DENVER, Sept. 24 /PRNewswire/ -- The Colorado Court of Appeals handed State Farm Mutual Automobile Insurance Company a defeat by reversing a trial-court ruling supporting the insurance giant's use of a computer database to determine reimbursements of medical costs. The ruling, issued September 20, opens the door for a class-action lawsuit to move forward that would represent physicians and patients who had payments from State Farm unilaterally reduced after the insurance company processed the ...

DULUTH, Ga., March 1 /PRNewswire/ -- State Farm Mutual Automobile Insurance Company, the largest insurer of autos in Georgia and in the nation, announced today its auto insurance policyholders in Georgia will receive dividends totaling $62 million. State Farm Mutual policyholders in 46 states, the District of Columbia and the Canadian province of New Brunswick will receive a total of $1.25 billion in the company's latest policyholder dividend declaration, approved by the State Farm Mutual boar...

BIRMINGHAM, Ala., March 1 /PRNewswire/ -- State Farm Mutual Automobile Insurance Company, the largest insurer of autos in Alabama and in the nation, announced today its auto insurance policyholders in Alabama will receive dividends totaling $21.6 million. Alabama policyholders will receive 8.3 percent of their semi-annual premium. Although the amounts will vary significantly, the average dividend per vehicle in Alabama is $27. Dividend payments will begin in early April and will continue throu...

COLUMBIA, S.C., March 1 /PRNewswire/ -- State Farm Mutual Automobile Insurance Company, the largest insurer of autos in South Carolina and in the nation, announced today its auto insurance policyholders in South Carolina will receive dividends totaling $45.3 million. State Farm Mutual policyholders in 46 states, the District of Columbia and the Canadian province of New Brunswick will receive a total of $1.25 billion in the company's latest policyholder dividend declaration, approved by the Sta...

SACRAMENTO, Calif., Aug. 17 /PRNewswire/ -- State Farm Mutual Automobile Ins. Co today announced it has asked the California Department of Insurance to approve an eight percent auto insurance rate decrease in addition to the initial pricing changes required by the new auto rating regulations. When combined with the company's $212 million decrease in 2004 and $110 million in 2005, the $204 million in savings from the current rate reduction will bring the company's total savings for its more tha...

SAN FRANCISCO, Aug. 17 /U.S. Newswire/ -- State Farm -- California's largest auto insurer -- announced that it will submit plans today to follow new state "good driver" regulations and cut rates by 8 percent for 93 percent of its policyholders for a total savings of $204 million. The new regulations, which the insurance industry has been fighting in court, require insurers to base premiums primarily on policyholders' driving records rather than their ZIP code. Late on Wednesday, the 3rd Distri...

SANTA MONICA, Calif., Aug. 17 /U.S. Newswire/ -- Nearly 18 years after California voters enacted Proposition 103, State Farm, the nation's largest auto insurer, has agreed to follow the 1988 initiative's rule that insurance premiums be based on driving records rather than ZIP Code. Yesterday, a California Appeals Court rejected a last-ditch effort by insurance companies to block enforcement of regulations ending ZIP Code-based premiums issued earlier this summer by Insurance Commissioner John Ga...