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  • 6 Apr 2021 1:25 PM | Paige (Administrator)

    Read the full article here

  • 1 Apr 2021 2:00 PM | National Office (Administrator)

    One agent’s personal experience

    I retired as a Farmers Agent effective December31, 2019, after twenty-eight years. I survived thru five CEO's, eight State or Regional Managers, and six District managers. I was at one time the longest consecutive profitable auto agent in the State of Michigan. I made Toppers four times. I was one of the first Agents to get my 6 and 63 licenses. I tried to always do right by Farmers Insurance....

     

    After much cajoling by my District Manager and his office, I signed the new Agency Contract with the caveat that I could sell my Agency myself for the best price possible. Of course, it made sense that Farmers had to approve who I sold it to. So in anticipation of retiring, I negotiated a sale of my agency to another long term agent for 50% more than my Contract Value. It was a one time payment instead of three payments over a year.

     

    I was told by my District Manager that Farmers in Michigan was only approving sales of agencies to new agents. Later I found that that was not true, agencies had recently been sold to existing agents. When I brought this to my state Marketing Manager's attention, I was told that my agency was too big to sell to an existing agent. So, I ended up selling my agency for Contract value and I understand that my District Manager's brother-in-law was able to buy it. Go Figure!

    -          Anonymous source

    **UFAA’s core mission is to inform and educate agents, so that they can make informed business decisions. It is not UFAA’s intention to make any implied or specific recommendation as to what decision any agent should make when it comes to their business. 

  • 9 Mar 2021 9:55 AM | National Office (Administrator)

    Farmers Insurance is being accused of fraud by two Illinois businessmen, who say the insurance company induced them to buy worthless agencies through a bait-and-switch scheme. The businessmen have filed...



  • 9 Mar 2021 9:00 AM | National Office (Administrator)

    Farmers Insurance is facing a class action lawsuit filed in Los Angeles Superior Court over a business interruption claim the company denied on the same day it was filed.

    A franchisee of The Great Frame Up – a national chain of framing stores – based in Northridge, CA filed the lawsuit after...




  • 18 Feb 2021 3:08 PM | Anonymous member (Administrator)

    2021 Important News Updates

    PLAINTIFFS’ REPLY TO FARMERS GROUP, INC.’S OPPOSITION TO MOTION FOR CLASS CERTIFICATION


    File 1        File 2


    File 1: Plaintiffs Reply to Farmers Group, Inc.'s Opposition to Motion for Class Certification



    File 2: Plaintiffs' Reply to the Farmers Defendants' Opposition to Class Certification

  • 1 Jun 2020 5:59 PM | Anonymous member (Administrator)

    MESSAGE FROM JEFF DAILEY: FARMERS® AGREES TO ACQUIRE METLIFE AUTO & HOME®




  • 1 Jun 2020 5:54 PM | Anonymous member (Administrator)

    Dear agents,

    I'm pleased to announce that Farmers® has signed an agreement to acquire Metropolitan Property and Casualty Insurance Company and its subsidiaries (collectively "MetLife Auto & Home ® ").



  • 10 May 2020 5:52 PM | Anonymous member (Administrator)

    Agents and district managers,

    As you undoubtedly know, the pandemic has significantly reduced economic activity across the United States, putting pressure on virtually every industry and business, including Farmers® and the insurance industry as a whole. Prior to the pandemic, we had been falling behind our own growth goals, so we face some internal expense pressures we need to tackle.


  • 5 Apr 2020 5:39 PM | Anonymous member (Administrator)

    Inside the Numbers: Who is the operational benefactor of the Farmers Insurance Exchanges?




2020 Important News Updates


Zurich and Farmers MetLife Article     Independent Agent bulletin  UK Supreme Court Rules on COVID Claims

     


Farmers Insurance Mississippi Updates

 


    
   

 

 

 


United Farmers Agents Association

Address:
1919 Oxmoor Rd # 243
Homewood, AL 35209
Phone: 1-314-631-7898
Email: no@ufaa.com
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