State Farm is implementing a significant rate hike for Illinois homeowners, citing more frequent severe weather events and rising home replacement costs that are driving up the cost and frequency of claims. The rate hike has drawn the ire of […]
Tag: State
Workers’ compensation explained. What an expert says small businesses need to know about benefits, pay and state laws.
Q: How does workers’ comp work? What do small business owners need to know? The first thing that a business owner should know is that in almost every state, workers’ compensation is mandatory. Failure to have coverage in place can […]
State Farm’s Wildfire Claims Response a Test of Trust and Operational Preparedness
State Farm has long positioned itself as the dependable “good neighbor” ready to help when disaster strikes. Through carefully crafted advertising, the company promotes a sense of comfort, security, and connection. Images of helpful agents arriving with a smile and […]
Insurance Industry Rejects Proposed Moratorium on State AI Regulation
A proposed decade-long moratorium on state regulation of artificial intelligence has gained the attention of many, including those within the insurance industry. The 10-year prohibition of AI regulation is contained within the sweeping tax bill, “One Big Beautiful Bill,” and […]
State Farm Loses Roof Water Damage and Bad Faith Trial
A Missouri jury found that State Farm Fire and Casualty Company acted in breach of its insurance policy and engaged in vexatious refusal to pay, awarding The Progress Project, LLC substantial damages. 1 The case centered on a commercial property […]
All US State Attorneys General Agree to $7.4 Billion Purdue Pharma Settlement
The attorneys general of all 50 U.S. states, Washington, D.C. and four U.S. territories have agreed to a $7.4 billion settlement with bankrupt drugmaker Purdue Pharma, New Jersey Attorney General Matthew Platkin said on Monday. Purdue’s payment is intended to […]
State Farm gap insurance | Insurance.com
Does State Farm offer gap insurance? State Farm offers gap insurance as an add-on to your car insurance policy. You will need to carry both comprehensive and collision coverageCollision coverage helps pay for repairs or replacement of your car if […]