Chris Evans, Claim Consultant, explains State Farm’s recent decision to require I-CAR’s Welding program for collision repair facilities on its Select Service referral program. In April, State Farm Insurance announced it would begin requiring collision repair shops that participate in its Select Service referral program to have technicians with the Inter-Industry Conference on Auto Collision […]
State Farm to Consolidate Facilities
State Farm Mutual Automobile Insurance Company announced plans last week to exit eleven facilities in stages over the course of several years, beginning in 2018. The work from these facilities will move to the company’s headquarters in Bloomington, Ill., its offices in Atlanta, Dallas, and Phoenix, as well as a number of existing locations across […]
State Farm Adds Welding Certification Requirement for Select Service Collision Repair Shops
Repair facilities must have steel requirement completed by end of 2017. State Farm announced that the Inter-Industry Conference on Auto Collision Repair (I-CAR) Welding Training & Certification for collision repairers is now a requirement to participate in its Select Service Program. Training will be delivered by I-CAR and offered at special pricing for network members. […]
Nine Transitioning Soldiers Graduate from Caliber Collision’s Changing Lanes Program
Nine soldiers at Ft. Bragg will be completing their military service and returning to civilian life fully armed with a $2,500 toolbox, employment offer and a new career with Caliber Collision. Developed in partnership with Fayetteville Technical Community College (FTCC) and Ft. Bragg’s Career Skills Program, Changing Lanes is the first program in the country […]
State Farm Announces $5.5 Underwriting Loss in 2016
Overall earned premiums up five percent to $61.7 billion. Auto earned premiums up 6.9 percent to $38.8 billion. The State Farm property-casualty (P-C) companies yesterday reported an underwriting loss of $5.5 billion in 2016 on earned premium of $61.7 billion, compared to an underwriting loss of $2.1 billion on earned premium of $58.6 billion in […]
Interview: Russ Hoffbauer, State Farm Insurance
In our video interview, Russ Hoffbauer, director of claims for State Farm Insurance, explains the impact changing vehicle technology is having on collision repair claim frequency, cost and the referral process. He also examines changing claims technology as well as the continued evolution of the Select Service referral network. With over 18 percent of the […]
Class Action Status Granted in State Farm RICO Lawsuit
Lawsuit alleging State Farm influenced Illinois Supreme Court Justice granted class action status. A federal racketeering lawsuit involving State Farm and allegations of funneling money into the election of a state judge was granted class-action status on Friday. In 2012, plaintiffs Mark Hale, Todd Shadle and Carly Vickers Morse filed a two-count Racketeer Influenced and […]
State Farm Projects 2016 Likelihood of Deer Collision
Cost of large animal claims down slight in 2015-2016 State Farm has released its annual deer claim study, which ranks states by the potential drivers had of hitting a large animal, including deer, elk and moose over a given time period. On average, one of every 41 West Virginia drivers will have an insurance claim […]
State Farm Board Elects Tipsord Chairman
The State Farm Mutual Board of Directors yesterday unanimously elected CEO Michael Tipsord to the position of Chairman of the Board. Tipsord succeeds outgoing Chairman Edward B. Rust Jr. “It has been a true privilege to work with Ed,” said Tipsord. “For over 30 years, he led our Company and became the very personification of […]
Collision Repairers Provide Recycled Rides to First Responders and K9 Partners
With wildfire season approaching, collision repairers in several states teamed up through the National Auto Body Council’s Recycled Rides and the State Farm Arson Dog Program to provide critical and reliable transportation for first responders and their K9 partners as part of 2016 Arson Awareness Week. Participating collision repairers include Caliber Collision locations in Raleigh, […]