State Farm
Coverage of State Farm in the Nexus archive.
- Oklahoma accuses State Farm of ‘corporate scheme’ to deny claims for disaster damage
Oklahoma accuses State Farm of a corporate scheme to deny claims for disaster damage. Attorney General Gentner Drummond criticized rising homeowners insurance premiums paired with reduced protection for policyholders.
- Palisades and Eaton Fire victims going after State Farm for how insurance company handled claims
Victims of the Palisades and Eaton Fire are suing State Farm, alleging mishandled insurance claims. The Every Fire Survivor's Network is petitioning to join California's efforts to secure payouts from the insurer, which is the largest home insurer in the state.
- January 2025 wildfire victims seek tougher penalties against State Farm over claims handling
The Every Fire Survivors Network, a group of January 2025 fire victims, is filing a lawsuit to join state regulators seeking to fine State Farm over its claims handling practices. The lawsuit alleges improper handling of insurance claims by State Farm following the wildfires.
- State Farm is ripping up contracts for its 19,000 agents — and forcing them to use AI
State Farm is terminating contracts with its 19,000 agents and reducing pay and benefits, while mandating the use of new AI tools. The changes follow the insurer's loss of its top auto insurer ranking to Progressive.
- State Farm’s AI-driven operational restructuring sparks agent backlash
State Farm is restructuring its sales force with AI-driven changes, including new contracts starting in 2027 that alter compensation and benefits. Agents oppose the move, citing reduced earnings and devalued customer relationships, while the company claims the changes are necessary to modernize operations and compete with digital rivals.
- Judge denies move to dismiss State Farm collusion lawsuit
A Los Angeles judge denied a motion to dismiss a lawsuit against State Farm and other home insurers, accusing them of colluding to drive homeowners onto California's insurer of last resort. The lawsuit is ongoing. State Farm and other insurers face allegations of collusion.
- Trump administration supports L.A. wildfire victims suing State Farm
The Trump administration's Department of Justice supports L.A. wildfire victims in a lawsuit against State Farm and other insurers. The DOJ filed a brief on Monday in a state lawsuit. This move indicates the administration's stance on the issue.
- California accuses State Farm of delaying and underpaying wildfire claims
The California Department of Insurance accuses State Farm of delaying and underpaying claims related to last year's wildfires. State Farm is the nation's largest home insurance company. The accusations include denying claims in addition to delays and underpayment.
- State Farm faces millions in fines for handling of Los Angeles wildfire claims
The California Department of Insurance is seeking millions of dollars in fines from State Farm for its handling of Los Angeles wildfire claims. This penalty is the department's largest pursued after a disaster this century. State Farm faces significant financial consequences for its actions.
- California seeks millions in penalties from State Farm over alleged claims violations after LA wildfires
California is seeking millions in penalties from State Farm due to alleged claims violations after LA wildfires. The state's insurance regulator found that State Farm violated the law hundreds of times. The maximum penalty could be around $4 million.
- State Farm faces millions in fines for handling of LA wildfire claims
The California Department of Insurance is seeking millions of dollars in fines from State Farm for its handling of LA wildfire claims. This penalty is the department's largest pursued after a disaster this century. The fines are related to State Farm's claims handling process.
- Regulators seek to suspend State Farm's license, citing widespread mishandling of L.A. wildfire claims
The California Department of Insurance is seeking to suspend State Farm's license due to widespread mishandling of Los Angeles wildfire claims and fine them millions of dollars. This action is a result of alleged improper handling of insurance claims. The department's decision may have significant implications for State Farm and its policyholders.
- Regulators seek to suspend State Farm's license, citing widespread mishandling of L.A. wildfire claims
The California Department of Insurance is seeking to suspend State Farm's license due to widespread mishandling of Los Angeles wildfire claims and fine them millions of dollars. This action is a result of alleged improper handling of insurance claims. The department's decision may have significant financial implications for State Farm.
- Lawsuits accuse State Farm of secretly working to cut insurance payouts
Lawsuits accuse State Farm of evading hail damage insurance payouts, coinciding with rising insurance costs driven by climate change threats. The legal action highlights tensions between insurers and homeowners over coverage disputes.
- President Trump bashed State Farm on social media: Why it didn't come out of the blue
President Trump criticized State Farm on Truth Social, citing a controversial February visit by administration officials to Los Angeles as the reason for his post.