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Farmers Insurance Laying Off 11% of Workforce, Citing Industry Challenges
Aug 28 2023 // Farmers Insurance announced it will part ways with approximately 2,400 employees – 11% of its workforce across all lines of business. “Decisions like these are never easy, and we are committed to doing our best to...
Farmers Insurance Further Reducing Florida Business
Jul 11 2023 // One month after it announced it would stop writing new homeowner policies in Florida, Farmers Insurance now says it plans to cut back further on its presence in the hurricane-prone state. The Florida Office of Insurance...
Texas Supreme Court Sides with Farmers Insurance on Mold-Related Policy Changes
May 3 2021 // The Texas Supreme Court on April 9 reversed lower court rulings and found that Farmers Insurance was within its rights when it decided 19 years ago not to renew homeowners’ policies that it feared would have forced...
Farmers Insurance to Pay $25M in Settlement Over Oklahoma Earthquake Claims
Apr 19 2021 // Oklahoma has reached a $25 million settlement with Farmers Insurance over the company’s handling of earthquake claims, state officials say. Oklahoma Attorney General Mike Hunter and Insurance Commissioner Glen...
Indiana Farmers Insurance Will Enter Ohio in 2021
Apr 9 2021 // Indiana Farmers Insurance plans to enter the Ohio property/casualty insurance market this year. The Carmel, Indiana-based company, which distributes its products through independent insurance agents, will write commercial...
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