State Farm has denied the allegations of a federal lawsuit filed by two New York men who say they were fraudulently recruited into an agent training program and improperly denied employee benefits.
Lawmakers are facing all sorts of thorny issues as they consider legalizing recreational marijuana. Near the top of the list: Will it lead to more impaired drivers?
Two men from upstate New York have filed a federal lawsuit against State Farm, accusing the insurer of fraudulently recruiting them into an agent training program and improperly denying them benefits.
On paper, it looks like a battle to the death: Legacy insurers like State Farm facing off against a wave of tech startups looking to disrupt their entire business model. It’s Airbnb versus hotels, or Uber versus cabs, all over again.
Lower catastrophe losses helped offset a rocky year for State Farm’s stock portfolio in 2018, leading to the largest operating profit in years for the insurer’s property-casualty business, the company announced Friday.
Nearly 3 million State Farm customers in Illinois are in for a lower auto insurance rate beginning next month. The insurance company is cutting rates by 2 percent.
In 2018 Illinois was the national leader—or more accurately, loser—for the amount of insurance claims paid out because of frozen pipes and ice dams caused by extreme cold.
A new report says that insurance companies will have to be more proactive—and pay more—to find and retain employees amid a “talent crisis” for the industry.
State Farm has become the first company granted a national waiver by the Federal Aviation Administration to fly drones over people and beyond the pilot’s line of sight.
In spite of community worries over the number and average pay of State Farm employees in Bloomington-Normal, the company said the number of jobs is closing the year steady.
The mayor of Normal acknowledges the development of new State Farm hubs across the south and west has changed the distribution of talent in the community.
State Farm Bank has been ordered to change its practices after the Consumer Financial Protection Bureau found it violated federal law by improperly obtaining consumer credit reports and failing to quickly correct bad information it was supplying to credit reporting agencies.
Editor’s note: This story is part of a special episode of GLT’s Sound Ideas focused entirely on autonomous driving. It aired Nov. 21. Read more stories in the series.
State Farm Insurance is settling a class action conspiracy suit for $250 million. At stake if the matter Hale vs. State Farm had proceeded to trial was $10 billion.
McLean County remains well positioned to overcome recent job losses at State Farm Insurance, according to a banker who's been crunching local economic development numbers for two decades.
