State Farm, after being hit with a $2.7 million federal court verdict in a dispute over a Mississippi homeowner's Hurricane Katrina damage claim, has settled a similar case that was due to go on trial

His announcement said the suspension will allow "needed time to review and analyze the policy implications of fully applying the recently approved Assigned Risk Plan. As required under the Articles o

Leon County Circuit Court Judge Terry P. Lewis signed the order late Friday after the company consented to being placed into receivership for rehabilitation. The Department of Financial Services was n

A state grand jury was impaneled in Pascagoula, Miss., last week to hear evidence in an investigation of State Farm's handling of Hurricane Katrina claims, a week after the carrier was hammered with

Julian James, director of worldwide markets, set to join brokerage this

Mr. Prindle said there has been "a lot of residential damage to roofs--tiles being blown off, and also being struck by debris; lots of trees down on power lines; and for commercial, too, some roofs off

A statement on her Web site mentioned that Delaware's workers' comp costs keep insurance premiums high for businesses. Cutting those costs back was seen as aiding state efforts to keep DaimlerChrysler

The probe, being conducted by State Attorney General Jim Hood, began months ago when subpoenas were issued, and was the subject last year of an unsuccessful court challenge by the insurer and a Housto