Revamped app features include location tracking and emergency services integration. State Farm is rolling out enhanced accident response technology across Illinois and Florida as the largest private passenger auto insurer in the U.S. says mounting claims from distracted driving and severe weather incidents reshape the auto insurance landscape. The company’s revamped app now offers real-time […]
State Farm Awarded $105,000 to 16 Collision Repair Schools through CREF Grant Program
State Farm has awarded $25,000 to a collision repair program in western New York as part of its effort to address a skilled collision repair technician shortage affecting the industry. The Erie 2 Chautauqua-Cattaraugus BOCES LoGuidice Educational Center (E2CCB) in Fredonia, N.Y. received the funding through the Collision Repair Education Foundation (CREF) Benchmark Award funded […]
State Farm Reports Declining Animal Collisions
New data shows a reduction in animal collision claims, but autumn months remain most dangerous. State Farm has released new data estimating 1.7 million auto insurance claims in the U.S. from animal collisions from July 1, 2024, to June 30, 2025, a slight decline from 1.8 million the previous year. Deer-related incidents accounted for more […]
State Farm Expands Estimating Platform Options Nationwide for Select Service Network
Insurer to offer choice between CCC One and Mitchell Cloud Estimating following successful Ohio pilot program. State Farm announced September 8 that it will expand estimating platform options for its Select Service collision repair network nationwide, building on a successful pilot program launched in 2024. The nation’s largest private passenger auto insurer will now allow […]
Progressive Edges Out State Farm to Claim Lead in US Total Auto Premiums Written
Direct premiums written for private passenger and commercial auto insurance at Progressive up over 22%. Progressive Insurance Group ascended to the top of the U.S. total automobile insurance ranking list that combines private passenger and commercial insurance with a 16.4% market share in 2024, just edging out former No. 1 State Farm Group’s 16.2% market […]
State Farm Reports Improved 2024 Financial Results Amid Continued Underwriting Losses
Auto insurance business sees significant improvement as underwriting losses narrow compared to 2023. State Farm reported net income of $5.3 billion in 2024, a sharp turnaround from the $6.3 billion net loss in 2023. Despite continued underwriting losses in its auto and homeowners insurance businesses, the property and casualty (P-C) group of companies benefited from […]
Ken Worzel Elected Non-Executive Chair of State Farm Board of Directors
The Board of Directors of the State Farm Mutual Automobile Insurance Company has elected Kenneth J. Worzel to serve as Non-Executive Chair of the Board. Worzel will work closely with President and CEO Jon Farney, who runs the business operations of the company and is a member of the Board. “I look forward to continuing […]
Montana Announces $5 Million in Additional Payments to Consumers Following State Farm Review of Auto Loss of Use and Third-Party Liability Claims
Troy Downing, the Montana Commissioner of Securities and Insurance (CSI) reported that State Farm Mutual Automobile Insurance Co. has reviewed an additional 18,000 claims after being fined $4 million in a CSI administrative action for unfair claims settlement practices. These reviews resulted in an additional $5.2 million paid to Montanans impacted by State Farm’s improper […]
State Farm to Pilot Calibration Program
Insurer partners with Opus IVS to pilot calibration program with Select Service collision repair centers in two states. State Farm announced in an email October 8 to its Select Service collision repair facilities that the nation’s top private passenger auto insurer is set to launch a pilot calibration program on November 11. Select Service collision […]
State Farm Data Shows Odds of Hitting an Animal Down Slightly Compared to Last Year
Deer remain the #1 animal involved in a collision with nearly 1.3 million claims. Pennsylvania had the most animal claims. Data released from State Farm pegs the odds of U.S. drivers hitting an animal at 1 in 128 this year, down slightly from 1 in 127 last year. As the largest private passenger auto insurer […]
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