State Farm Mutual will return $5 billion in cash to auto policyholders through a one-time dividend this summer. The payout follows recent rate redu ...

How two seemingly unrelated policies, one to reduce car insurance costs, the other to allow driverless taxis, became tangled ...

Good news for drivers: State Farm will refund $5 billion to its car insurance customers, paying out an average of $100 per vehicle as part of the largest dividend in company history.

Auto insurance rates have surged because of high inflation and soaring vehicle repair costs in the car capital of the country ...