Tag: State Farm

Illinois Bill to Control Homeowners Insurance Rates Faces Reevaluation

Illinois legislators re-evaluate a bill aimed at regulating homeowners insurance rates. Discover the potential impact on consumers and insurers amid recent hikes.

Illinois Home Insurance Rate Regulation: New Legislative Proposal Insights

Learn how Illinois legislation aims to change home insurance rate regulations, enhancing compliance and transparency following significant rate hikes by insurers.

State Farm Faces Legal Challenges in Oklahoma Impacting Insurance Industry

State Farm faces serious legal challenges in Oklahoma, prompting a need for better regulatory compliance amid allegations of racketeering. Stay informed!

Illinois Insurance Rates Surge: Allstate and State Farm's 2024 Adjustments

Explore the latest on Illinois homeowners insurance rate hikes from Allstate and State Farm, impacting premiums and regulatory discussions for 2024.

State Farm's Legal Challenges: RICO Allegations in Oklahoma

State Farm faces RICO allegations in Oklahoma over denying claims, raising significant legal and regulatory implications for insurers. Follow the unfolding case.

State Farm Adjusts Louisiana Insurance Premiums: What Policyholders Should Know

State Farm is adjusting insurance premiums in Louisiana, impacting auto and home policies. Find out how these changes affect you and what to expect.

Louisiana Approves State Farm Auto Rate Cuts Amid Claims Frequency Drop

Louisiana approves a 5.9% State Farm auto insurance rate decrease driven by fewer claims, while homeowners insurance rates rise 9.7%. Industry surveys point to labor rate reductions in collision repairs.

Oklahoma Probes State Farm Over Alleged Wind-Hail Claims Undervaluation

Oklahoma investigations reveal State Farm's alleged strategy to reduce wind and hail insurance payouts, prompting lawsuits and potential Attorney General intervention.

Louisiana Approves 5.9% Rate Decrease for State Farm Auto Insurance

Louisiana Insurance Commissioner approves a 5.9% average rate reduction for State Farm's personal auto insurance policies, affecting over 1 million policyholders.

State Farm Approved for 5.9% Auto Insurance Rate Reduction in Louisiana

State Farm gains approval for a 5.9% average personal auto insurance rate decrease in Louisiana due to lower physical damage claims, impacting over 1 million policyholders.