State Farm has announced a major payout for its auto insurance customers, revealing plans to return a portion of premiums as part of a $5 billion dividend program aimed at sharing profits with ...

Mary Cunningham is a reporter for CBS MoneyWatch. She previously worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program. State Farm is issuing an average ...

Insurance rates for homes and cars have been soaring since the pandemic, but one insurance company is refunding some customers for those high premiums. State Farm announced recently that it will be ...

In addition to refunds, State Farm said it has lowered car insurance rates in 40 states by an average of 10%. Getty Images Good news for drivers: State Farm will refund $5 billion to its car insurance ...

State Farm announced a $5 billion dividend for its car insurance members. Customers can expect to receive refunds of $100 on average, though State Farm says the amount will vary by state and by the ...

State Farm is issuing an average refund of $100 per vehicle to its auto insurance customers in what the company says is the largest dividend in its history. The insurer said Thursday that the refunds ...