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Auto Insurance Dividends

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State Farm to issue $5B auto-insurance dividend this summer
business1 day ago

State Farm to issue $5B auto-insurance dividend this summer

State Farm will pay about $5 billion in auto-insurance dividends this summer, roughly $100 per vehicle for more than 49 million insured cars, funded by stronger underwriting and lower 2025 collision costs; auto rates have fallen about 10% in 40 states and around 15% in Illinois, while homeowners insurance remains challenged by severe weather and higher reinsurance costs.