Some State Farm Policy-Holders Will Receive Payments
Eligible Louisiana auto policyholders will receive dividends as State Farm says stronger underwriting results and lower claims helped fund the payout.
5 Articles
5 Articles
State Farm to issue $136M to Louisiana policyholders
(The Center Square) – Eligible State Farm auto insurance customers in Louisiana will begin receiving dividend payments this week as the nation’s largest auto insurer returns a portion of stronger-than-expected underwriting results to policyholders. According to a release, State Farm Mutual Automobile Insurance Company told the Louisiana Department of Insurance it expects to pay about […] The post State Farm to issue $136M to Louisiana policyhold…
State Farm Begins Issuing $5 Billion Policyholder Dividend
State Farm Mutual Automobile Insurance Company has begun issuing payments on its one-time $5 billion cash dividend to qualifying auto customers, the largest policyholder distribution in the insurer’s history. Millions of customers have already received individual payments. The dividend covers more than 49 million insured vehicles and is being distributed in waves. Each payment is calculated as a percentage of the premium a customer paid on each …
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