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The Oregon Division of Financial Regulation hit State Farm with a $200,000 penalty, saying the insurance provider failed to properly notify consumers.
State Farm is the largest property and casualty insurance provider, and the largest auto insurance provider, in the United States. [5] State Farm is ranked 39th in the 2024 Fortune 500, which lists American companies by revenue. [6] State Farm relies on exclusive agents (also known as captive agents) to sell insurance.
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 Mutual Automobile Insurance Co. v. Dept. of Transportation, 680 F.2d 206 (D.C. Cir. 1982); cert. granted, 459 U.S. 987 (1982). Holding; The standard of review for rescinding notice and comment rules is the same as that for enacting rules.
State Farm said in March it would not renew roughly 30,000 homeowners, owners of rental dwellings and other property insurance policies. It also said it would stop offering commercial polices to ...
State Farm Insurance, long a stalwart of Super Bowl advertising, announced it was pulling an ad from next month's big game following the devastating California wildfires. The move comes one year ...
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State Farm ran a 60-second spot in last year's game that starred Arnold Schwarzenegger and Danny DeVito. The ad won USA TODAY's annual Super Bowl Ad Meter , a tool used to measure public opinion ...