State Farm Announces Voluntary Employee Exit Program After Using Auto Premiums to Make up for Homeowner Claims

State Farm Rolls Out Voluntary Exit Option, Says Layoffs In “limited Scenarios”

State Farm Rolls Out Voluntary Exit Option, Says Layoffs in “Limited Scenarios” Bloomington, IL – September 6, 2025 – State Farm, the largest property and casualty insurer in the United States, has introduced a voluntary exit program and workforce realignment process aimed at providing employees with more flexibility amid staffing adjustments in select business areas. ... Read more The post State Farm rolls out voluntary exit option, says layoff…

State Farm announces voluntary employee exit program after using auto premiums to make up for homeowner claims

JHVEPhoto via iStockState Farm employees in Bloomington, Illinois, are about to get a letter that could change their careers. The insurance giant just announced a voluntary exit program, giving staff the option to leave with benefits. The company didn’t rule out layoffs if participation is low. State Farm tries to balance underwriting losses and rising claims in the homeowner insurance business Gina Morss-Fischer, a State Farm spokesperson, expl…

State Farm notifies employees of voluntary exit progam

State Farm has notified employees via email that a voluntary exit program will start soon, according to a report from WGLT, a public radio station covering the Bloomington, Illinois area, where the insurance company is headquartered.  WGLT says the exit program will start “if and when” changes are needed and does not rule out the possibility of layoffs.  “These changes are part of our continued efforts to shape a stronger, more flexible organiza…