State Farm Mutual Automobile Insurance Co. News

In a First, State Farm to Acquire Texas Nonstandard Auto Insurer GAINSCO

State Farm Mutual Automobile Insurance Co. is acquiring Dallas-based nonstandard auto insurer, GAINSCO, in a $400 million cash transaction. It will be the first time in State Farm’s 98-year history that it has acquired an insurance company, the company said. …

State Farm to Cut Auto Insurance Rates in Missouri

More than 1 million customers of State Farm Mutual Automobile Insurance Co. soon will see their personal auto insurance rates decline, the insurer said. State Farm Mutual said effective Sept. 1 it will decrease the overall personal auto rate in …

State Farm Cuts Auto Insurance Rates in Hawaii

State Farm Mutual Automobile Insurance Co. will cut its rates in Hawaii for the third time in two years, the company announced. As a result, its overall personal auto rate will drop by 2.6 percent. The total state-wide expected impact …

State Farm to Cut Auto Rates by 5.5% in West Virginia

State Farm Mutual Automobile Insurance Co. said it plans to cut overall personal auto rates in West Virginia by 5.5%. The expected total statewide impact for State Farm Mutual by this rate decrease in West Virginia will be approximately $17.7 …

State Farm Again Cutting Auto Insurance Rates in Kansas

State Farm Mutual Automobile Insurance Co. is lowering its rates in Kansas, for the second time in two years. As a result, its overall personal auto rate will drop by 2.3 percent. The total state-wide expected impact for State Farm …

700K State Farm Customers in Arizona Getting 3% Auto Insurance Rate Cut

State Farm Mutual Automobile Insurance Co. is dropping its overall personal auto insurance rate by 3 percent in Arizona. The total state-wide expected impact for State Farm Mutual by this rate decrease in Arizona will be roughly $22.3 million. Combined …

State Farm Lowering Auto Insurance Rates in Texas

State Farm Mutual Insurance Co. is cutting its Texas auto insurance rates for the fourth consecutive time in a year, the insurer said. on Feb. 18, the overall personal auto rate will drop by 4.3 percent for 2.9 million State …

State Farm to Cut Auto Insurance Rates for Michigan Customers

State Farm Mutual Automobile Insurance Co. announced it is cutting its overall personal auto insurance rate will drop by 3.5 percent in Michigan. The total state-wide expected impact for State Farm Mutual by this rate decrease in Michigan will be …

State Farm Cuts Auto Insurance Rates in Missouri

State Farm Mutual Automobile Insurance Co. says it is cutting its rates in Missouri. As a result, its overall personal auto rate will drop by 3.9 percent. The total state-wide expected impact for State Farm Mutual by this rate decrease …

State Farm to Again Lower Auto Insurance Rates in Louisiana

Beginning in April, Louisiana customers of State Farm Mutual Automobile Insurance Co. will see a decrease in their auto insurance rates, the insurance department announced. It will be the third rated decrease filed by the company in less than a …