Category: State Farm

STATE FARM Florida can eliminate or reduce discounts per Office of Insurance Regulation

STATEWIDE – State Farm Florida can eliminate or reduce some discounts it offers policyholders, state regulators announced Thursday, increasing premiums for homeowners as much as 28.4 percent. The decision by the Office of Insurance Regulation will bring in $278 million in additional premiums for the company after all policies come up for renewals starting Dec….

Choking hazard leads State Farm to promotional recall teddy bears.

Bloomberg News reported, “State Farm Mutual Automobile Insurance Co., the biggest property and casualty insurer in the U.S., will recall more than 800,000 toy bears given away by the company’s agents because they pose a choking hazard.” The company received one report that an 18-month-old had placed in her mouth a plastic eye from one…