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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.
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.
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".
If you need home and auto insurance, you may be able to simplify the process and save money by bundling coverage with one insurance provider. But how do you choose a company from all the available ...
DIC insurance is commonly used by business owners, especially those with large-scale operations or expensive corporate buildings, to bridge the gap in coverage from their standard insurance policies.
Still, State Farm has been scaling back its business in the state over the past few years. In 2023, State Farm raised rates by an average of 20% for existing customers and said it would no longer ...
And I have insurance with State Farm — which is a strong insurance company.” Read more: Generating 'passive income' through real estate is the biggest myth in investing — here’s how you ...
Over the next 70 years, Texas Farm Bureau grew from 15,630 member families to more than 500,000 member families. [7] During its history, the organization has helped bring electricity and phone service to rural communities, establish a successful farm-to-market road system in Texas and enact effective national farm policy. [8]