Insurer also donates record 30 vehicles to schools last year. Continuing its collaboration with the Collision Repair Education Foundation, Farmers Insurance sponsored five $3,000 Benchmark Grants to support collision repair education programs at secondary and post-secondary schools. Instructors use donated funds to enhance their educational offerings and help ensure that the students graduating from their […]
Toyota Auto Insurance Launches in Five States
Underwritten by Farmers Insurance affiliate, the program is the first branded product from vehicle manufacturer’s exclusive insurance agency. Plans expansion into four additional states. Toyota Insurance Management Solutions (TIMS) has established its first branded product, Toyota Auto Insurance, designed to offer customers quality, customizable coverage at affordable rates. Toyota Auto Insurance is currently available in […]
Farmers Closes Acquisition of MetLife Auto & Home Property and Casualty Business
The Farmers Exchanges and Farmers Group, Inc. (FGI) announced they have jointly completed the previously announced acquisition of MetLife’s property and casualty business for a purchase price of $3.94 billion as of April 7, assuming responsibility for 2.4 million policies in force. The closure provides the Farmers brand significant opportunity to expand its customer reach with […]
Farmers Insurance Launches New CrashAssist Feature Within its Signal App
Farmers auto policyholders using the safe driving app will now have access to crash detection and support features including filing a claim. Farmers Insurance announced the launch of CrashAssist, a new feature included within the Signal app that helps connect drivers with emergency services in the event of an accident and offers help in reporting […]
Farmers Insurance Returns to Louisiana Auto Insurance Market
Louisiana Insurance Commissioner Jim Donelon has approved rate and form filings for Farmers Insurance (Farmers), the nation’s ninth largest property and casualty insurer, to return to the Louisiana market this month with auto, homeowners, condo and renters insurance. “The addition of a major national company to the roster of insurers offering property and automobile insurance […]
Farmers Insurance Launches Customizable Direct-to-Consumer Policies in Mississippi
Farmers Insurance announced its launch of a range of customizable insurance products in Mississippi. Customers throughout the state can now access quotes and purchase auto, home, condo, and renters products in a direct-to-consumer model, while retaining the personalized approach. “Reflecting our relentless focus on innovation and service, we are bringing Farmers digital-first options to Mississippi […]
Collision Repair Education Foundation Announces Six New Board Members
The Collision Repair Education Foundation (CREF) announced the appointment of six new members to its Board of Trustees. The six Board of Trustees members who joined in 2020 include: Tom Brown, 3M Paul Folino, LKQ Corporation Brenda Hogen, PartsTrader Ken Hudson, Farmers Insurance Scott Kohl, Liberty Mutual Insurance Sandee Lindorfer, Allstate Insurance Company Tom Wolf, […]
Farmers Acquires MetLife Auto & Home
The Farmers Exchanges and Farmers Group, Inc. (FGI) announced they will jointly acquire MetLife’s property and casualty insurance business. Zurich confirmed in November that its Farmers’ subsidiary was in negotiations with MetLife. Completion of the transaction is subject to regulatory approvals and is anticipated to occur in the second quarter of 2021. As part of […]
Farmers Group in Talks to Acquire MetLife’s U.S. Property-Casualty Business
Zurich confirms reports its U.S. subsidiary is exploring acquisition of 16th largest auto insurer in the U.S. Zurich Insurance Group announced its U.S.-based subsidiary Farmers Group, Inc. is in talks with Metlife over a possible acquisition of MetLife’s U.S. property and casualty insurance business. The announcement came after reports regarding a potential transaction with MetLife […]
Collision Repair Education Foundation Thanks Insurance Industry for Support of Critical Resources to Schools Impacted by COVID-19
The Collision Repair Education Foundation (CREF) publicly thanked the insurance industry for rallying behind it during a time when raising funds is extremely difficult. Six extremely generous insurance organizations have stepped in to offer their support, donating funds that can help CREF make good on its mission of connecting the next generation of collision repairers […]