State Farm

• Treasury Refuses to Give Timetable on Systemically Important Non-Bank Designations

  By Elizabeth Festa, PropertyCasualty360.com  |  May 21, 2013

  The Financial Stability Oversight Council expects to vote on proposed designations of an initial set of nonbank financial companies in the near term, according to Treasury Secretary Jacob Lew in prepared testimony today before the Senate Banking Committee.

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  Twister Levels Oklahoma Town as Midwest Storm System Lingers

  By Anya Khalamayzer, PropertyCasualty360  |  May 21, 2013

  Average tornadoes move at less than 35 miles per hour and last just a few minutes, but yesterday a two-mile wide EF4 tornado packing 166 to 200 mph winds ripped through the suburbs of Oklahoma City for 40 minutes.

• Tornadoes Pummel Midwest with More to Come

  By Anya Khalamayzer, PropertyCasualty360  |  May 20, 2013

  More than 20 tornadoes roared through the Midwest Sunday, and reports promise continuing severe weather today.

• National Flood Services to Acquire CSC’s Flood Insurance BPO Unit

  By Arthur D. Postal, PropertyCasualty360.com  |  May 16, 2013

  CSC, which handles NFIP-Direct for the Federal Emergency Management Agency has been acquired by the company which does most of the back-office work for 50 Write-Your-Own companies.

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  Top 10 States for Dog Bite Claims

  By Caterina Pontoriero, PropertyCasualty360.com  |  May 15, 2013

  It’s a dog-eat-dog world, and last year 3,670 State Farm customers were wearing Milk-Bone underwear. Click to see State Farm’s top 10 states for dog bite claims in 2012.

• State Farm Seeks New Trial Against Rigsbys in Katrina-Related Whistleblower Case

  By Chad Hemenway, PropertyCasualty360.com  |  May 8, 2013

  State Farm is seeking a new trial with two sisters, independent adjusters, who accused the insurer of defrauding the federal government following 2005’s Hurricane Katrina.

• Miss. Jury Finds State Farm Defrauded NFIP After Katrina

  By Chad Hemenway  |  May 1, 2013

  A federal jury in Mississippi has ruled that State Farm committed fraud against the government’s NFIP following Hurricane Katrina.

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  Telematics: Trouble or Tipping Point for Midsized Carriers?

  By Michael P. Voelker  |  May 1, 2013

  With insurers and vendors working to solve high entry costs, data challenges, and intellectual property concerns, user-based insurance may finally be nearing its much-anticipated breakthrough to the mainstream.

• Allstate Expects Q1 Catastrophe Losses of About $360M

  By Chad Hemenway, PropertyCasualty360.com  |  April 18, 2013

  The Northbrook, Ill.-based insurer says it incurred pretax catastrophe losses of $198 million for the month of March.

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  Large Spring Storm System Brings Damaging Weather to Multiple Regions

  By Phil Gusman, PropertyCasualty360.com  |  April 12, 2013

  A large storm system brought a variety of weather conditions across the United States this week, killing at least three people and injuring dozens of others. Click to see damage in some of the affected states and for more information on the storm system.

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  Mississippi Jury Finds State Farm Defrauded NFIP After Katrina

  By Chad Hemenway, PropertyCasualty360.com  |  April 9, 2013

  A federal jury in Mississippi finds State Farm committed fraud against the government’s National Flood Insurance Program by submitting a false or fraudulent flood claim following Hurricane Katrina.

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  Judge: No Plot to Defraud NFIP by State Farm; Jury to Deliberate Other Charges

  By Chad Hemenway, PropertyCasualty360.com  |  April 8, 2013

  A federal judge in Mississippi has dismissed a part of a claim brought by two former independent insurance agents accusing State Farm of defrauding the federal government with two engineering firms.

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  Pat Speer Joins Aite Group's Insurance Practice

  By Staff Writer  |  April 5, 2013

  A former editor-in-chief of Insurance Networking News joins Aite Group's insurance practice.

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  Telematics: Trouble or Tipping Point for Midsized Carriers?

  By Michael P. Voelker  |  April 4, 2013

  Despite the far-reaching promise of telematics in insurance, fewer than two dozen carriers have managed to bring a telematics solution to market in North America in either personal or commercial auto.

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  Former NFIP Administrator: State Farm Didn’t Commit Fraud After Katrina

  By Chad Hemenway, PropertyCasualty360.com  |  April 3, 2013

  A former administrator of the National Flood Insurance Program says he does not believe State Farm committed fraud while adjusting claims after Hurricane Katrina in 2005.

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  The Wait is Over; Rigsbys Set to Get Their Day Versus State Farm

  By Chad Hemenway, PropertyCasualty360.com  |  March 22, 2013

  Get out your best seersucker suit! The Rigsby sisters are taking on State Farm…in a courtroom...more than seven years after Hurricane Katrina!