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In early 2009, the State Farm Florida subsidiary, the state's largest insurer, offered to withdraw from writing property insurance business in Florida after state regulators refused to approve a 47% property rate increase. State Farm said that, in Florida, it had paid out US$1.21 in claims for every dollar in premiums since 2000.
Since the 2005 pull back by insurance giants Allstate, State Farm, etc., small, in-state companies have been taking a larger share of policies. These start-ups have not followed the traditional insurance model by accumulating cash reserves to cover expenses in high claim years.
1 state private property under the direct authority of the French government: Clipperton Island: 5 overseas collectivities (collectivités d'outre-mer): French Polynesia [9] 5 administrative subdivisions (subdivisions administratives) 40+ communes: Saint-Barthélemy: 2 parishes: 40 quarters: Saint-Martin: Saint-Pierre and Miquelon: 2 communes ...
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Motor Vehicle Manufacturers Association v. State Farm Mutual Automobile Insurance Co., 463 U.S. 29 (1983), commonly known in U.S. administrative law as State Farm, is a United States Supreme Court decision concerning regulations requiring passive restraints in cars.
The mayor of McColl, S.C. was killed in a car accident on Tuesday, with officials saying he was being pursued by a sheriff's deputy when he died.
State Farm Mutual Automobile Insurance Co. v. Campbell, 538 U.S. 408 (2003), was a case in which the United States Supreme Court held that the due process clause usually limits punitive damage awards to less than ten times the size of the compensatory damages awarded and that punitive damage awards of four times the compensatory damage award is "close to the line of constitutional impropriety".
State Farm's historian claims that "90% of Mecherle's original material is still in the office." [ 7 ] Inside the office are sales receipts dating to 1936 and guest book entries from 1945. Though the office is not open to the public, the company uses it to impart knowledge of the company's past to new employees.