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August 29, 1998 | From Bloomberg News
State Farm Mutual Automobile Insurance Co. on Friday agreed to pay $200 million to settle a class-action lawsuit charging it misled customers when it sold 4.4 million life insurance policies from 1982 to 1997. Bloomington, Ill.-based State Farm didn't admit to any wrongdoing and said it was settling to avoid a costly legal fight. "It's in everyone's best interest to settle this case," State Farm Executive Vice President Roger Tompkins said in a statement. State Farm, the largest insurer of U.S.
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BUSINESS
August 29, 1998 | From Bloomberg News
State Farm Mutual Automobile Insurance Co. on Friday agreed to pay $200 million to settle a class-action lawsuit charging it misled customers when it sold 4.4 million life insurance policies from 1982 to 1997. Bloomington, Ill.-based State Farm didn't admit to any wrongdoing and said it was settling to avoid a costly legal fight. "It's in everyone's best interest to settle this case," State Farm Executive Vice President Roger Tompkins said in a statement. State Farm, the largest insurer of U.S.
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BUSINESS
October 17, 1996 | Times Staff and Wire Reports
State Farm Drops Rates in California: The state's largest insurer of autos said it has cut overall prices for auto coverage by an average of 5.3%. The company said prices fell on average for comprehensive, collision and liability coverage. However, the cost of coverage for uninsured motorists and medical payments rose. State Farm Mutual, a subsidiary of Bloomington, Ill.-based State Farm Life Insurance Co., last adjusted auto rates in September 1995, when it instituted a reduction of 1.7%.
REAL ESTATE
September 15, 1985
The Fox Hills section of Culver City, once known primarily for its highly successful shopping mall and upscale condominiums, has also become one of the more active office areas in the Los Angeles basin. A case in point is The Glen at Corporate Pointe, a $50-million, 200,000-square-foot office development by Equidon in joint venture with State Farm Life Insurance Co., that has just opened with its twin five-story buildings 50% leased.
CALIFORNIA | LOCAL
April 29, 1989 | ALAN C. MILLER, Times Staff Writer
Bob Larkin, a longtime Republican activist and former Simi Valley Chamber of Commerce president, announced Friday that he has decided to oppose beleaguered Assemblywoman Cathie Wright (R-Simi Valley) in the 1990 primary. "I've decided that I think there's enough support to start a good, hard campaign," said Larkin, who owns a State Farm Life Insurance Co. agency. "I'm in it for the long haul." Larkin, 52, first vice chairman of the Ventura County Republican Central Committee, filed papers earlier this month to run, but he said he had not made a final decision.
NEWS
May 20, 1989 | From Associated Press
An insurer can deny life insurance coverage to the family of an AIDS victim, a federal judge ruled Friday. A company's belief that an insurance applicant has a communicable disease, or is at risk of catching one, is not discrimination based on "physical impairment" under California law, U.S. District Judge Samuel Conti said. The ruling involved a State Farm Life Insurance Co. practice that has since been changed, and an Alameda County family that reportedly found insurance elsewhere.
NEWS
May 21, 1989 | From Associated Press
An insurer can deny life insurance coverage to the family of an AIDS victim, a federal judge has ruled. A company's belief that an insurance applicant has a communicable disease, or is at risk of catching one, is not discrimination based on "physical impairment" under California law, U.S. District Judge Samuel Conti said. The ruling involved a State Farm Life Insurance Co. practice that has since been changed, and an Alameda County family that reportedly found insurance elsewhere.
NEWS
May 4, 1989 | ALAN C. MILLER, Times Staff Writer
Bob Larkin, a longtime Republican activist and former Simi Valley Chamber of Commerce president, announced that he has decided to oppose beleaguered Assemblywoman Cathie Wright (R-Simi Valley) in the 1990 primary. "I've decided that I think there's enough support to start a good, hard campaign," Larkin, who owns a State Farm Life Insurance Co. agency, said Friday. "I'm in it for the long haul." Larkin, 52, first vice chairman of the Ventura County Republican Central Committee, filed papers last month to run, but said he had not made a final decision.
CALIFORNIA | LOCAL
April 19, 1989 | ALAN C. MILLER, Times Staff Writer
Bob Larkin, a veteran Republican activist and former Simi Valley Chamber of Commerce president, has filed papers to oppose embattled Assemblywoman Cathie Wright (R-Simi Valley) in the 1990 primary. He said Tuesday that he was leaning toward running but planned to make his decision this weekend and announce it Monday. He would be the first candidate to challenge any San Fernando Valley area lawmaker in next year's election. "I need to talk to a few more people," said Larkin, who added that he has been considering a possible GOP primary bid in the far-flung and strongly Republican 37th Assembly District since January but began exploring it seriously only this month.
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