The company announced up to a $2 billion dividend to its auto insurance customers. It is the single largest dividend paid to its customers in company history.
Insurance experts are advising homeowners to double check their policies to make sure they are protected against wind and hail damage as we move into the spring storm season.
Seventy-seven percent of younger drivers say they believe they can safely text while driving. I would imagine that is why the insurance rates for drivers in that age group are so incredibly high.
Is Louisiana's largest insurer of automobiles driving us all to the cleaners by forcing repair shops to use substandard parts? The Louisiana Attorney General thinks that's the case and he has filed suit against the insurance giant.
State Farm customers can expect to pay a little bit more each month for their auto insurance coverage. The company attributes the increases to factors in the marketplace beyond their control.
I've been a big fan of the State Farm "Discount Double Check" commercials. Yeah, I know Green Bay Packers quarterback Aaron Rodgers kind of started the funniness, but you got to admit, his spot was entertaining.
I know it's the way things go but I am not looking forward to paying more for my homeowner's insurance. And don't get me wrong, I love the folks at State Farm (including my agent and friends at Tommy Desormeaux's office here in Lafayette). But when I read that State Farm homeowner's insurance would be going up by an average of 7.8 percent in the state, I was a bit bummed.
Every company has to deal with increasing costs in some form or fashion from time to time. It's no different for one of the nation and state's biggest insurance providers.