Reporting from Los Angeles and Sacramento — Farmers Group Inc., a Los Angeles-based insurance management firm, and its Swiss corporate parent Thursday agreed to pay $455 million to 13 million current ...

AUSTIN, Texas (AP) — Farmers Insurance Group will pay $84.4 million to settle a 2002 lawsuit that said Texas policyholders unknowingly paid higher premiums for less coverage. The settlement announced ...

One in five insured Texas homeowners will be forced to find new coverage in the coming year now that Farmers Insurance Group says it will no longer renew its policies. The state's second-largest ...

OLDWICK, N.J., August 01, 2025--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "a" (Excellent) of ...

NEW YORK--(BUSINESS WIRE)--MetLife today announced that it has signed a definitive agreement to sell Metropolitan Property and Casualty Insurance Company and certain wholly owned subsidiaries to ...

Farmers Insurance Group will re-open the doors for new homeowner policies in California. The Los Angeles-based insurance firm, the second largest home insurer in the state, will resume writing home ...

WOODLAND HILLS, Calif., Oct. 5, 2022 /PRNewswire/ -- Farmers Group, Inc. (FGI), the Los Angeles-based subsidiary of Zurich Insurance Group announced today that Raul Vargas has been appointed to the ...

NEW YORK — Farmers Insurance said Monday it will lay off 11% of its workforce — about 2,400 employees — as part of a corporate restructuring aimed at increasing its efficiency and long-term ...

Farmers Insurance has sold its longtime Wilshire Boulevard headquarters in Los Angeles as part of its plan to relocate to the Woodland Hills area in the San Fernando Valley. The new owner of Farmers’ ...

NEW YORK (AP) — Farmers Insurance said Monday it will lay off 11% of its workforce — about 2,400 employees — as part of a corporate restructuring aimed at increasing its efficiency and long-term ...

NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced that it has signed a definitive agreement to sell Metropolitan Property and Casualty Insurance Company and certain wholly owned ...