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State Farm is outsourcing its IT operations to HCLTech. WGLT spoke with two experts on IT outsourcing to better understand why companies do this and what to be watching for in the coming year during the transition.
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State Farm has finalized a $182 million auto policy rate hike in Illinois that is drawing fire from a nonprofit watchdog group. The Illinois Public Interest Research Group says the increase adds $58 to the average customer's annual bill.
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State Farm said Monday that it would “take actions to improve our operating performance” after eating a record $13.2 billion in underwriting losses in 2022 – in part because of costlier auto insurance claims driven by inflation.
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State Farm executive and Normal native Corey Schieler has been nominated for NFL Fan of the Year, an award given out to football super fans with a history of giving back to their communities.
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Insurance industry employment rose 1.83% last year, slightly under the projected number, but could have risen a lot more. The insurance sector is still not back to pre-pandemic employment levels.
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State Farm will be laying off 451 employees in Bloomington next month, part of the insurer's IT outsourcing plan, the company told state officials. Many of the employees will be offered jobs at the company taking over that IT work, called HCLTech.
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This weekend’s new episode of “Saturday Night Live” featured a faux commercial sketch spoofing Jake from State Farm, the friendly character who personifies the Bloomington-based insurer’s “Good Neighbor” sales pitch.
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History connects people through time. And learning how the past links to the present is basic to understanding the human condition. In our series on transplants to the Twin Cities, WGLT has found history matters to several people who have moved to central Illinois.
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An executive with HCLTech, the company State Farm has hired to outsource its IT operations, says it promotes an “employees first” culture and is taking steps to make Bloomington workers as comfortable as possible as they transition to their new employer.
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State Farm plans to outsource some of its IT operations to an Indian IT services company, the companies announced Thursday.