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WOODLAND HILLS, Calif., April 7, 2021 /PRNewswire/ The Farmers Exchanges and Farmers Group, Inc. (FGI) today announced they have jointly completed the acquisition of MetLife s property and casualty business (MetLife Auto & Home) 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 a truly national presence, grow its core property and casualty business and strengthen its position as one of the leading personal lines carriers in the United States.
Farmers Insurance Logo. (PRNewsFoto/Farmers Insurance)
The Farmers Exchanges and Farmers Group, Inc (FGI) Close Acquisition of MetLife Auto & Home Property and Casualty Business prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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(Bad Faith Verdict Reversed as Plaintiff Failed to Include
Instruction Requiring That Insurer Acted Unreasonably in Refusing
to Accept Reasonable Settlement Demand)
(April 2021) - In
Pinto v. Farmers
Ins. Exch., - Cal.App.5th - (March 8, 2021), the California
Second District Court of Appeal reversed a judgment finding that
Farmers Insurance Exchange ( Farmers ) acted in bad faith
by refusing to accept a reasonable offer to settle a personal
injury lawsuit within policy limits. The jury verdict form did not
include a finding relative to whether Farmers had acted
SimpliSafe and Farmers Insurance® Join to Help Provide Smart Home Security Systems to Homeowners
Strategic collaboration aims to help lessen home damages and generate potential savings on homeowners policies
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®, one of the nation s leading multi-line insurer groups, today announce a collaboration that will help make preventative smart home protection available to homeowners in Ohio, Iowa and Alabama. The pilot effort aims to help insured homeowners protect their homes in those three states against theft, fire and water damage, while also providing them with potential savings on their homeowners insurance policies.
For a limited time beginning today, Farmers
Keeping the Cap On the Policy: Unreasonable Conduct Is a Necessary Element of a Bad Faith Failure to Settle Claim | Sheppard Mullin Richter & Hampton LLP jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.