Auto Insurance

State Farm Insurance is removing electric vehicle charging stations from its parking decks at Corporate and Corporate South headquarters in Bloomington, and at hubs throughout the nation.

State Farm posted a net loss of $6.3 billion in 2023, driven largely by a "significant increase" in catastrophe claims by homeowner policyholders, the Bloomington-based company reported Thursday.

A Chicago man sued when his insurance company refused to pay for injuries his son suffered when he was hit by a driver while riding a bicycle.

In two weeks, State Farm’s auto insurance customers in Illinois will see their rates go up again – for the fourth time in less than a year. Together they’ve raised the average cost about $200.

Last summer, Fitch Ratings projected Geico and Progressive would overtake State Farm in auto insurance premium volume in 2023.

A consumer advocacy group says newly disclosed data show that auto insurers made excessive profits during the pandemic – and that it’s proof that Illinois needs to regulate the industry more tightly.

A consumer advocacy group has urged state regulators to do more to scrutinize the growing usage-based auto insurance business in hopes of repeating what it calls a pattern of discrimination.

Class action lawsuits were filed in Nevada against 10 major auto insurance companies on Tuesday, including State Farm, contending that the companies…