State Farm’s sweeping overhaul of agent compensation may mark the beginning of a broader transformation of the property/casualty industry, observers say. The nation’s largest property/casualty insurer ...
In the latest expansion of the alliance between State Farm and U.S. Bank, State Farm customers can apply for U.S. Bank personal loans for up to $50,000 working directly with their insurance agent. The ...
CEO Jon Farney told the insurer’s 19,000 sales agents at a Las Vegas convention last month that their existing contracts were being replaced. Any agent staying past 2027 must sign a new deal tied to ...
In 2025, State Farm issued $130 billion of individual life insurance, with $1.2 trillion active policies by the end of the year. In total, State Farm paid $924 million in dividends to life insurance ...
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