State Farm

The latest State Farm Insurance unit to undergo realignment is State Farm Bank. The company says it is making about an 18 percent cut to the number of workers at State Farm Bank.

But, there will be an increase of about 100 bank employees in Bloomington-Normal as the company says it looks for ways to build a leaner, stronger company.

State Farm told City of Bloomington leaders Monday it plans to sell its newly vacated downtown building.

State Farm Insurance is adding armed guards to its major hubs including Bloomington, Atlanta, Dallas, and Phoenix.

State Farm Insurance is announcing an auto rate decrease for Illinois. The Bloomington-based company says the average decline for Illinois rate payers will be 2.9 percent.

An executive who leads State Farm's external public relations efforts is leaving the company for a new job at another insurer.

State Farm announced Tuesday it will cut around 890 jobs in Bloomington as part of an IT restructuring project that will add similar positions in Atlanta, Dallas, and Phoenix.

State Farm on Thursday reported its second-straight year of operating losses for its property-casualty insurance businesses, as the company pledged to get leaner and make significant internal changes.

State Farm Insurance is giving Heartland Community College $383,000 to support three workplace preparedness programs involving short-term certificates and career coaching.

State Farm announced this week it’s giving $1,000 one-time bonuses to some of its employees, even as the company continues a cost-cutting realignment of its IT workforce.

Mayor Tari Renner of Bloomington said there are a lot of potential re-uses for the State Farm Fire building in the downtown area, including a new City Hall.

For the first time in nearly a century, State Farm employees will soon be without a home in downtown Bloomington.

Former McLean County Board chair Matt Sorensen is expected to report to federal prison Monday to begin serving his one-year sentence for defrauding State Farm and one of its consultants.

The relentless hurricane season is keeping Bloomington-based insurers busy.

State Farm’s plans to realign its IT operations include a voluntary buyout for some employees.

An internal announcement this week at State Farm won’t have a major impact on the size of the insurer’s overall workforce in Bloomington-Normal, the company said Friday.

State Farm has extended a helping hand towards victims of Hurricane Harvey, making a $40,000 donation to the Midwest Food Bank on Wednesday.

State Farm Insurance says it will move 4,200 Mutual Automobile Insurance Company workers to Bloomington Normal and its large hubs in Atlanta, Dallas, and Phoenix over the next four years.

Some jobs will also move to other existing locations.

Spokesman Justin Tomczak says they are consolidating eleven smaller facilities in nine states to the headquarters and the hubs.

State Farm Insurance had an operating loss of $1.2 Billion last year.

But, net income was $400 million in the black according to annual company financial results.

A lot of couples become engaged around the holidays.

State Farm Insurance saw an opportunity to boost its business by reminding people to use #ProtectTheBling...as in don't forget to insure the engagement ring.

They used a stock photo of an interracial couple during a proposal displaying a ring.

Cue the intolerance. Lots of it. 

State Farm Insurance has now raised its auto rates in Illinois more than in any time in the last fourteen years.

Other insurers have also been increasing premiums charged to customers.

State Farm Insurance has lost its fraud case in a long running dispute involving claims from Hurricane Katrina.

The U.S. Supreme Court issued a unanimous ruling against the Bloomington-based company.

Former McLean County Board Chair Matt Sorensen is scheduled for a change of plea hearing Wednesday afternoon in Federal Court in Chicago.

That's according to court records.

Both Bloomington-based State Farm Insurance and Country Financial have mobilized catastrophe teams as Hurricane Matthew moves closer to the U. S. coast and gains strength.