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Real Estate
State Farm® Educates Homeowners on Hail Preparedness
Students from Thomas Metcalf School recently put their science skills to the test at the State Farm® Technology Research and Innovation Laboratory in Bloomington, IL. They faced the challenge of determining whether their student-built roofs could withstand the State Farm Hail Simulator, a machine designed to replicate the impact of hail. Doug Dewey, Senior Research Analyst at State Farm, expressed his gratitude for working with the students and commended their passion for physics and science.Laurel Straub, Assistant Vice President of Enterprise Research at State Farm,...
Real Estate
State Farm General Insurance Company Makes Difficult Decisions Impacting California Policyholders
Bloomington, IL, March 20, 2024 — State Farm General Insurance Company, in an effort to ensure its long-term sustainability in California, has announced some significant changes that will affect a portion of its policyholders in the state.The company revealed that approximately 30,000 homeowners, rental dwelling, and other property insurance policies will not be renewed. Additionally, around 42,000 commercial apartment policies will also not be renewed. It is important to note that renters insurance will not be impacted by these decisions.These actions, specific to...