State Farm has announced a new collaboration with Connected Analytic Services, LLC (CAS), a Toyota affiliate, by adding an optional, self-service auto claims safety feature for millions of eligible customers. Based on customer consent, CAS can process data from Toyota and Lexus vehicles equipped with data communication modules.

State Farm will offer eligible customers who own 2020 or newer Toyota or Lexus vehicles the option to use the State Farm® app, to share information on a one-time basis designed to help make the claim process more efficient.

“This service helps make the claims process easier by providing faster insight into what happened and what needs to happen next,” said Jennifer Megargell, Vice President of Property & Casualty Claims. “By using real-time data, we can more quickly confirm important details and help move claims forward efficiently. At the same time, customers continue to receive the personal support and guidance they expect from their State Farm agent.”

Customers will be able to review their consent option in the Claims Hub of the State Farm app on the “Claims” tab. If a customer provides express consent, claim representatives may access accident information that can include the vehicle’s direction of travel, speed, point of impact, and the loss location displayed on a map.

Using vehicle sensor capabilities, an accident report may help reduce the time customers spend describing what happened and enable State Farm claim teams to better understand specific moments earlier in the process. After customer consent is provided, telematics data is accessed only for the date and time of loss and used only for claims resolution. The driving data collected is not applied for rating or underwriting. Opting out of data sharing has no impact on the ability to file a claim and does not change the customer’s preferred claim experience.

“At Connected Analytic Services, one of the ways we deliver on our mission is enabling Toyota and Lexus owners to put their vehicle data to work for them,” said Joe Guerin, Vice President of Insurance Products & Data Solutions. “With informed customer consent, vehicle data can be made available to support the claims process, providing partners such as State Farm with objective, vehicle-derived insights into loss events that can accelerate claim understanding.”

State Farm offers a broad suite of telematics-powered capabilities that help customers stay informed and get support when it matters most. Through Drive Safe & Save®, eligible customers can share driving-behavior data like speeding, acceleration, cornering, hard braking, and phone use while driving to receive personalized feedback and potential insurance savings.

Accident Assistance is a no-cost feature in the State Farm app that helps detect accidents and connect customers to the support they need. It may request access to contacts to store recommended follow-up numbers; however, participation in Drive Safe & Save is not required.

Beyond claims innovation, State Farm shares a longstanding commitment to advancing roadway safety, including leveraging research, technology, and data-driven insights to better understand and help reduce distracted driving and other risky driving behaviors. You can learn more about our work at Distracted Driving - State Farm®.

State Farm takes customer privacy seriously and we remain committed to protecting the privacy of our customers. Our privacy policy is available on our website: statefarm.com/privacy.

State Farm announced today a partnership with Dude Perfect, the leading creator-founded sports and entertainment company. As part of this new agreement, State Farm becomes the Official Insurance Partner of Dude Perfect and the presenting partner of Overtime, Dude Perfect's most popular sports variety show franchise on YouTube.

The partnership kicks off with a tentpole experiential activation tied to The Big Tournament kicking off this summer. State Farm and Dude Perfect will introduce the Impossible Soccer Wall, bringing the popular digital content series to life as an interactive fan experience in major host cities throughout the tournament including Philadelphia (June 27 and 28), Dallas (July 3) and Atlanta (July 15).  Through these on-site activations, fans can attempt a Dude Perfect-style trick shot and compete for a spot on a national leaderboard.

“At State Farm, we believe connection is everything—between customers, their communities and the moments that matter most,” said Alyson Griffin, Head of Marketing at State Farm. “Partnering with Dude Perfect brings that belief to life through experiences that are fun, engaging and built for sports fans and families. Whether fans are taking on the Impossible Soccer Wall, cheering on their teams, or sharing a moment worth celebrating, we’re showing up right next to them. Dude Perfect has created an incredible community around creativity and connection, and that’s exactly what being a Good Neighbor is all about—showing up with heart, imagination and a spirit of fun.”

As the presenting partner for Dude Perfect’s Overtime, which recently celebrated its 50th episode, the signature series will now be known as Overtime Presented by State Farm®. The collaboration will feature deep brand and logo integration, including a refreshed Overtime desk and set features, culminating in the debut of a new, state-of-the-art Overtime studio at Dude Perfect’s Frisco headquarters in fall 2026.

"State Farm has been a fixture in sports and family entertainment for decades, and they understand what makes our community special," said Andrew Yaffe, CEO of Dude Perfect. "This partnership brings that same playbook, presenting sponsorships, talent integration, and in-person activation into creator-led entertainment at full scale. Hitting the 50th edition of Overtime with State Farm as our presenting partner and bringing the Impossible Soccer Wall to fans this summer, gives us the chance to build something our fans will want to be part of, on screen and in person."

By aligning with Dude Perfect’s sports and family-friendly programming, State Farm gains access to a highly engaged multi-generational audience. This is another example of how State Farm combines integrated content, real-world experiences and agent-level tools to connect with customers on their passion points through the channels they care about most.

About Dude Perfect:

Dude Perfect is the leading creator-founded entertainment company focused on family-friendly sports and lifestyle content. Founded in 2009 by five college friends, Tyler Toney, Cory Cotton, Coby Cotton, Garrett Hilbert, and Cody Jones, making sports trick shot videos, Dude Perfect's YouTube channel has become the biggest sports account on YouTube with more than 60 million subscribers. The group has garnered more than 18 billion views across platforms, and has featured celebrities and athletes like Steph Curry, Serena Williams, Luka Doncic, Caitlin Clark, and CeeDee Lamb. Dallas-based Dude Perfect has since expanded into a diversified media business across video content, popular simulcasts for professional sports like the NFL on Amazon, a best-selling toy in Walmart, and live tours.

State Farm announced today that it is collaborating with season 2 of Netflix’s hit series Running Point with a new, integrated campaign that brings the brand’s core values to the screen. Featuring Kate Hudson and Chet Hanks, the campaign leverages themes from the series to illustrate the act of being a good neighbor in helping people manage risk and stepping up for others, which State Farm does best.

The State Farm and Running Point co-branded spot, which will begin running on April 13, features characters Isla Gordon (Kate Hudson) and Travis Bugg (Chet Hanks), alongside the steady and reliable Jake from State Farm, who serves as a “safety net” for the LA Waves basketball team’s front office, assisting Isla and Travis with various challenges on and off the court.

“State Farm is all about showing up like a good neighbor. My character, Isla Gordon, is constantly coming through for her team, navigating risk and supporting the people around her, so bringing in Jake from State Farm for an assist was perfect,” said Kate Hudson, star and executive producer of Running Point. “Plus, State Farm has been genuinely committed to supporting women in sports and the WNBA for over a decade both on and off the court, so working with them for season 2 of Running Point was such an easy fit."

The campaign is a natural extension of the brand’s With the Assist basketball platform, which spotlights the value of real-life assists that often go unrecognized but make a real impact. Through a series of playful and relatable moments, the spot illustrates how State Farm delivers steadfast support, helps navigate unexpected challenges, and provides guidance when stakes are high.

“State Farm has built this brand by showing up in the moments that matter to our customers, not as an interruption, but as a real part of the story,” said Alyson Griffin, Head of Marketing at State Farm. “Netflix’s Running Point sits at the intersection of basketball, entertainment, and culture, exactly where today’s fans are already engaged. With this collaboration, we’re bringing that philosophy to life in a brand-new way, integrating Jake from State Farm directly into the series, not just the campaign, to create a more authentic and connected brand experience.”

In addition to the campaign, in a milestone for the brand, Jake from State Farm will make his first-ever scripted television appearance in the upcoming season of Running Point. Jake’s authentic presence reinforces the genuine spirit of the Waves and reflects how State Farm is committed to being there both on and off the court. 

“Partnerships work best when they expand the world of a story in ways that feel natural for its fans,” said Magno Herran, Vice President of Global Brand Marketing and Partnerships, Netflix. “With Running Point, we saw an opportunity to collaborate with State Farm in a way that complements the tone of the series while creating something fun and unexpected for the audience. It’s a great example of how we work with brands to build moments around our titles that bring fans closer to the stories they love.”

For more information, please visit statefarm.com/lp/running-point or statefarm.com®. State Farm agents across the U.S. can also support through life's unexpected moments. Watch season 2 of Running Point on April 23, only on Netflix.

State Farm announced today a landmark sponsorship of Baller League US, joining the innovative creator-led soccer league as its official insurance sponsor. This sponsorship places the nation’s leading home and auto insurer at the forefront of a rapidly evolving sports and entertainment landscape. Baller League US kicks off its highly anticipated inaugural season in south Florida on Thursday, March 19, with live telecasts featured on CBS Sports and its dedicated 24/7 soccer streaming channel, CBS Sports Golazo Network. 

As the official insurance sponsor, State Farm maintains a highly visible presence throughout the entire 10-week season, as the brand integrates across all Baller League US telecasts, dynamic in-arena experiences, digital and social content, exclusive creator content, and interactive multi-streams across YouTube and Twitch channels. A key element of this collaboration places the iconic State Farm logo directly on the pitch at the center circle, ensuring prime visibility during every match. Additionally, State Farm will serve as the official title sponsor for the Baller League US playoffs following the regular season.

“Baller League US sits at the intersection of sport, culture, and innovation, and that’s exactly where State Farm wants to be,” said Kristyn Cook, Chief Agency, Sales & Marketing Officer at State Farm. “Sponsoring this league is about showing up in the new spaces where the next generation is building community, engaging authentically and redefining what fandom looks like.”

Baller League is revolutionizing the global soccer scene by becoming the first platform that professionalizes the sport through a unique, fast-paced 6-a-side team format. The league successfully merges elite soccer talent and renowned professional athletes with influential content creators and cultural icons. Building on massive success established in Germany and the UK, the U.S. expansion features 10 teams, each led by superstar managers drawn from the worlds of sports, music and entertainment. 

The inaugural season promises high-octane action with a core roster of more than 200 players and surprise wildcard stars introduced on a weekly basis throughout the regular season. The impressive lineup of superstar managers driving Baller League US includes IShowSpeed, J Balvin, Marlon Lundgrea, Kai Cenat & AMP, xQc, Odell Beckham Jr., Ronaldinho, Druski and Usain Bolt. This star-studded roster ensures a massive global reach and unmatched fan engagement from the very first whistle. 

“From day one, Baller League has been about reimagining how soccer connects with modern audiences,” said Felix Starck, co-founder and CEO of Baller League. “Partnering with a brand like State Farm for our U.S. launch is incredibly meaningful because they share our commitment to innovation, community and reaching fans in new ways. Having State Farm at the center circle for our inaugural season is the perfect way to kick off this next chapter for Baller League in the United States.”

About State Farm: 

For over 100 years, the mission of State Farm has been to help people manage the risks of everyday life, recover from the unexpected and realize their dreams. State Farm and its affiliates are the largest providers of auto and home insurance combined in the United States. Its more than 19,200 agent offices and 65,000 employees serve over 96 million policies and accounts – including auto, fire, life, health, commercial policies and financial services accounts. Commercial auto insurance, along with coverage for renters, business owners, boats and motorcycles, is also available. State Farm Mutual Automobile Insurance Company is the parent of the State Farm family of companies. State Farm is ranked No. 36 on the 2025 Fortune 500 list of largest companies. For more information, please visit http://www.statefarm.com.

About Baller League:

Baller League was founded to provide the first global stage professionalising the most played game on the planet - small-sided soccer. It’s a league created to merge elite sport, digital-first entertainment and contemporary culture into one dynamic soccer experience. Baller League is rapidly expanding its global reach and is establishing itself as one of the most exciting emerging sporting properties in the world. 

The league has already seen major success in the UK and Germany, drawing millions of live viewers per match day and building a passionate digital-first fanbase. The U.S. launch in Miami will feature a ten-matchday season culminating in a playoff finale, with every match broadcast live and distributed across streaming platforms and broadcast partners.

Baller League brings together legendary sporting figures with influential names from culture and entertainment. The star-studded lineup includes Usain Bolt, Druski, Ronaldinho, Odell Beckham Jr and streaming sensations IShowSpeed, Marlon, xQc, AMP, and Westcol. Baller League continues to redefine modern sport entertainment - immersive, culturally connected and built for the new generation of fans.

State Farm today released financial results for 2025, including strong underwriting results and growth in the value of its investments leading to an expanded net worth, which enhances the ability to meet the needs of customers. 

Positive performance in the auto business led State Farm Mutual Automobile Insurance Company (State Farm Mutual) to declare a one-time $5 billion cash back dividend for qualifying auto customers. This dividend will be paid in 2026 and is on top of the savings from recent auto rate reductions by State Farm Mutual in 40 states amounting to about $4.6 billion annually in lower total annual premiums for our customers. In addition to the $5 billion in payments to auto customers, State Farm Life Insurance Company and State Farm Life and Accident Assurance Company reported nearly $1 billion in total dividends to qualified life policyholders – the highest in those companies’ history. 

Staying true to its mission of helping people recover, State Farm Mutual and its property and casualty affiliates reported incurred claims of $78 billion, including payments of nearly $15 billion in 2025 to customers experiencing catastrophe claims in addition to our community-level philanthropic contributions. More than 1,000 State Farm employees, agents and agent team members deployed to California to help more than 13,500 customers with claims following devastating wildfires in January 2025. To date, State Farm Mutual and State Farm General Insurance Company together have issued over $5 billion in payments to families whose cars, homes and property were damaged or destroyed by those fires. Because many claims, repairs and rebuilds are still underway, it is anticipated that total payments could reach $7 billion. Hundreds of State Farm team members remain on the ground in the Los Angeles area assisting customers. 

A Look at 2025 Financial Results 
The State Farm group of companies continues to grow, providing insurance and financial services products across nearly 97 million policies and accounts. In addition, the State Farm group makes third party products available to meet a variety of customer needs including, but not limited to, variable annuities, banking, mutual funds and pet medical. 

The financial strength of State Farm Mutual and each of its affiliates is key to fulfilling promises to customers in the future and expanding and enhancing service to customers. 

In 2025, the State Farm group of companies reported an underwriting gain, representing an improvement over prior year and consistent with industry-wide trends. As a mutual company without shareholders, State Farm Mutual is uniquely positioned to provide value directly to customers such as policyholder dividends. 

The State Farm property and casualty affiliates reported earned premium of $111.6 billion and a combined underwriting gain of $1.5 billion. This result compares to an underwriting loss of $6.1 billion on earned premium of $103.0 billion in 2024. The change over 2024 reflects an improvement in auto insurance underwriting results while the home insurance underwriting results were impacted by the January 2025 Los Angeles wildfires. The 2025 underwriting gain, combined with investment and other income of $7.0 billion, resulted in a property and casualty pre-tax operating profit of $8.5 billion, which compares to the $111 million loss reported in 2024. 

The State Farm life insurance affiliates reported $924 million in dividends to policyholders and issued a record $130 billion in new policy volume bringing the year-end 2025 individual life insurance in force to $1.2 trillion. 

Total revenue, which includes premium revenue, earned investment income and realized capital gains (losses) was $132.3 billion for 2025 compared to $123.0 billion for 2024. State Farm reported a net income of $12.9 billion in 2025 compared to a net income of $5.3 billion in 2024. The reported net income for 2025 includes the impact of $2.0 billion of realized capital gains, net of tax. 

The net worth for State Farm Mutual ended the year at $170.0 billion compared to $145.2 billion at year-end 2024. This increase was due to the property and casualty companies’ pre-tax operating profit and, in large part, an increase in the value of the property and casualty companies’ unaffiliated stock portfolios. 

A Look at How Core Lines of Business Performed 
The State Farm group’s insurance operations consist of 14 property and casualty companies and two life companies, each of which is managed on an individual affiliate level. The property and casualty companies are primarily engaged in automobile, health, homeowners, and commercial multiple peril (CMP) lines of business. The life companies are primarily engaged in individual life insurance and annuity business. 

Auto 
The State Farm auto insurance business represented 63 percent of the property and casualty companies’ combined net written premium. Earned premium was $71.3 billion. Incurred claims and loss adjustment expenses were $52.6 billion and all other underwriting expenses totaled $14.1 billion. The underwriting gain was $4.6 billion. Comparable 2024 figures were: earned premium, $67.5 billion; incurred claims and loss adjustment expenses, $56.2 billion; all other underwriting expenses, $14.0 billion; underwriting loss, $2.7 billion. 

Homeowners, CMP, Other 
The net written premium for the remainder of the State Farm property and casualty business represented 36 percent of the property and casualty companies’ combined net written premium. Earned premium was $39.2 billion. Incurred claims and loss adjustment expenses were $33.6 billion and all other underwriting expenses totaled $8.6 billion. The underwriting loss was $3.1 billion. Comparable 2024 figures were: earned premium, $34.5 billion; incurred claims and loss adjustment expenses, $30.1 billion; all other underwriting expenses, $7.9 billion; underwriting loss, $3.6 billion. 

Life 
In 2025, State Farm Life Insurance Company and State Farm Life and Accident Assurance Company reported premium income of $6.9 billion and $924 million in dividends to policyholders – the highest life insurance dividend in State Farm history. Net income for 2025 was $2.1 billion. There was $1.22 trillion in individual life insurance in force at the end of 2025. Comparable 2024 figures were: premium income, $6.7 billion; dividends to policyholders, $817 million; net income, $1.7 billion; individual life insurance in force, $1.18 trillion. 

Health 
The individual health insurance operations for State Farm Mutual reported an underwriting loss of $189 million, excluding the change in the premium deficiency reserve. Net written premium was $756 million. Comparable figures for 2024 were: underwriting loss, $130 million; net written premium, $731 million. 

Investment Planning Services 
Total assets under management for the Investment Planning Services operation at the end of 2025 were $17.5 billion. State Farm VP Management Corp. and State Farm Investment Management Corp. reported a combined net loss of $39 million in 2025. Comparable figures for 2024 were: total assets under management, $15.2 billion; net loss, $33 million. 

Although financial information is presented on a group/line of business basis, State Farm Mutual Automobile Insurance Company and each of its affiliates must meet solvency and regulatory requirements on an individual entity-by-entity basis without regard to the solvency or financial condition of any other affiliated entity.

State Farm VP Management Corp. is a registered broker-dealer. State Farm VP Management Corp. is a separate entity from those affiliated and/or unaffiliated entities which provide advisory services, banking products and insurance products. Advisory Services provided by State Farm Investment Management Corp. (SFIMC), a registered investment adviser. Securities are not FDIC insured, are not bank guaranteed and are subject to investment risk, including possible loss of principal. Neither State Farm nor its agents provide tax or legal advice. AP2026/02/0159

State Farm is stepping onto the court at NBA All-Star 2026 to celebrate the shot that changed the game forever. As title partner of the NBA 3-Point Contest, the brand is marking a significant milestone in its basketball journey and positioning itself at the heart of the action.

The State Farm NBA 3-Point Contest returns as part of NBA All-Star Saturday, airing live at 5 p.m. ET on NBC and Peacock from Intuit Dome in Inglewood, California, on February 14.

Fans will see the league's elite sharpshooters battle for the crown with State Farm woven directly into the fabric of the competition.

How the contest works:

• Players compete to see who can sink the most threes from around the arc against the clock. Competitors will work through ball racks positioned at five main shooting locations around the three-point arc.
• Four of the racks contain four official NBA game balls and one multi-colored “money” ball. Shots made with an NBA ball is worth one point, while baskets made with the multi-colored ball is worth two points.
• The fifth rack will be a special “all money ball” rack containing five multi-colored “money” balls (meaning each made basket for a ball on this rack is worth two points). Each competitor will decide where this rack is placed (i.e., at which one of the five main shooting locations).
• Two additional “Deep Shot” balls, each worth three points, will be featured on custom State Farm-branded pedestals. Positioned “From the Logo” inside the State Farm oval, these shots introduce a high-stakes element that spotlights the brand during the contest’s most exciting moments.
• Every successful Deep Shot will cue the State Farm jingle and unlock a $15,000 donation to Habitat for Humanity, reinforcing the impact of State Farm both on and off the court.

“The 3-Point Contest represents the ultimate test of precision, skill and consistency under pressure,” said Kristyn Cook, Chief Agency, Sales & Marketing Officer at State Farm. “Owning this stage lets us celebrate the discipline required to perform at a championship level. It’s the same mindset we take in our ‘With the Assist’ platform, ensuring that our presence on game day translates into tangible support for customers and neighbors every day.”

This new ownership position is part of a multi-year partnership renewal that extends a long-standing relationship with the league which dates back to 2010, ensuring the State Farm presence is woven throughout the NBA season—from American Express NBA Tip-Off to All-Star to NBA Playoffs presented by Google and the NBA Finals.

State Farm is also bringing this energy to the WNBA and NBA G League by serving as the title partner of the G League 3-Point Contest taking place on Saturday, February 14 during NBA All-Star at G League Park in the Los Angeles Convention Center and the WNBA 3-Point Contest as part of AT&T WNBA All-Star 2026 on Friday, July 24 at Wintrust Arena, home of the Chicago Sky.

In 2024, five major U.S. hurricanes tore across more than a dozen states, leaving trails of destruction from Texas to Michigan. Over 200,000 hurricane related damage claims were filed with State Farm from the 2024 hurricanes and customers have received over $1.9 Billion from State Farm to help them recover and rebuild. The damage wasn’t isolated to coastal communities, with many inland states seeing flooding, wind damage, and widespread power outages. The two significant back-to-back hurricanes Helene and Milton resulted in over 166,000 State Farm claims, primarily in Georgia, South Carolina, North Carolina and Florida. 

Given the potential for high impact storms this time of year, State Farm is sharing preparation tips during the top active months of hurricane season:

• Review your insurance coverage. Make sure you have the right amount and type of insurance for your property and to help protect your loved ones. Homeowners are urged to not wait until after disaster strikes to realize that inflation and increasing economic pressures may have impacted the cost to rebuild.
• Protect important insurance documents and policy paperwork by placing them in a protected, waterproof place. And install your insurance app for electronic access to insurance documents.
• Create a home inventory. Make a list of your possessions and their estimated value or use technology to create your digital home inventory.
  • Take pictures with your smart phone. Capture important individual items as well as entire rooms, closets or drawers. Label photos with what's pictured, where you bought it, the make or model and the serial number.
  • Take video. Walk through your house or apartment recording and describing the contents.
  • Use an app. There are many mobile app options that can help you create and store a room-by-room record of your belongings.
• Protect your property. Move all large objects inside the house or garage. Board up windows as appropriate.
• Have an evacuation plan and determine if you will ride out the storm in your home (if local authorities permit you to stay) or establish a safe place inland and plan an escape route. Tell relatives where you will be since communication during and after a natural disaster can be disrupted due to infrastructure damage.
• Bring out or prepare a storm emergency kit. Make sure you have plenty of water, food, first aid supplies, clothing, blankets, and important documents such as printed insurance policies. Store your kit in airtight plastic bags or a plastic storage container with a lid.

A Place Where People Feel Supported

We’re building a workplace where people feel seen, supported and proud of what they do. That care shows up in how we treat each other—and in the way we show up for you.

• We welcomed over 10,000 new employees this year
• Most of our team works in a flexible or remote setup
• 84% say they’d recommend State Farm as a great place to work
• 86% feel connected to our mission to help people

Neighbors Helping Neighbors

Giving back is part of who we are. In 2024, we made significant impacts:

• Gave $7.6 million to help communities recover from disasters
• Donated enough blood to support thousands of patients in need
• Packed over 2.2 million meals for families facing hunger
• Volunteered 1,500+ hours to help kids learn financial skills

Doing Our Part for a More Sustainable Future

We’re taking meaningful steps—big and small—to reduce our impact and support resilience in the communities we serve.

• Helped 3.5 million customers go paperless
• Saved enough paper to equal 60,000+ trees
• Cut greenhouse gas emissions by over half since 2019
• Kept 95% of waste out of landfills at our distribution centers
• Gave discounts to 50,000+ customers who chose impact-resistant roofing

Keeping Families Safe

Through our Car Seat Safety Program:

• We checked over 5,500 car seats
• We gave out more than 3,000 brand new ones—free of charge

Our customers, employees and agents are at the heart of everything we do. Because being a good neighbor means always finding new ways to show up—and follow through. Learn more in the 2024 Impact Report.

In the latest expansion of the State Farm and U.S. Bank alliance, State Farm customers can now apply for U.S. Bank personal loans for up to $50,000 working directly with their agent. The new offering joins the existing suite of U.S. Bank products accessible through State Farm agents that includes deposits, co-branded credit cards and a full suite of business banking products and services.  

“Together, we have already helped more than 900,000 State Farm customers access the financial products they need through their agent relationships,” Arijit Roy, head of consumer and business banking products at U.S. Bank.  “Our strategy around alliances and collaborations is one we continue to invest in to reach new customers and help grow our business.”

The opportunity to offer U.S. Bank personal loans will be available to all State Farm agents and is the latest expansion of the collaboration between the two dating back to early 2020.

For qualified borrowers, U.S. Bank personal loans can provide one-time funding for any major purchase or project, including home improvements, debt consolidation or a vehicle purchase. U.S. Bank recently expanded its availability of personal loans to include all 50 states.

“At State Farm, we are committed to providing financial products that help meet the needs of our customers. Adding U.S. Bank unsecured personal lending to an already robust banking suite enhances our ability to add value and help meet the evolving financial needs of the State Farm customer,” said Luke Kasten, head of Corporate & Business Development for State Farm. “We’re excited about the opportunity for State Farm agents to help more people in more ways by expanding the alliance with U.S. Bank.”

In 2024, State Farm continued to fulfill its mission of helping people manage the risks of everyday life, recover from the unexpected and realize their dreams. We maintained our commitment to helping more customers and, in turn, saw an increase of more than one million policies and accounts. While auto and fire insurance companies within the State Farm group of companies reported underwriting losses, results improved over prior year. The State Farm life insurance companies reported $817 million in dividends to policyholders and issued a record $122 billion in new policy volume bringing the year-end 2024 individual life insurance in force to $1.2 trillion.

“After another year of catastrophe events, State Farm was there to help our customers recover from the unexpected and will continue to do so as we focus on our customers impacted by the devastating wildfires in California. As of February 26, we’ve received more than 11,750 total fire and auto claims related to the fires and have paid nearly $2.2 billion to our customers,” said Senior Vice President, Treasurer and Chief Financial Officer Mark Schwamberger. “Our customer-centered approach leads us to measure success in the number of promises kept. The financial strength of each affiliate is critical to our ability to keep those promises, and we will continue to take a state-specific approach in the way in which we operate.”

The net worth for State Farm Mutual Automobile Insurance Company ended the year at $145.2 billion compared to $134.8 billion at year-end 2023. The change during 2024 includes an increase in the value of the P-C companies’ unaffiliated stock portfolio, driven by increases in the U.S. equities market, partially offset by the P-C group of companies pre-tax operating loss. The State Farm P-C group of companies reported earned premium of $103.0 billion and a combined underwriting loss of $6.1 billion. This result compared to an underwriting loss of $14.1 billion on earned premium of $87.6 billion in 2023. The change over 2023 reflects significant improvement in auto lines underwriting results which was partially offset by an increase in homeowners incurred catastrophe claims. The 2024 underwriting loss, combined with investment and other income of $6.0 billion, resulted in a P-C pre-tax operating loss of $111 million, which compares to the $8.5 billion loss reported in 2023. Total revenue, which includes premium revenue, earned investment income and realized capital gains (losses) was $123.0 billion for 2024 compared to $104.2 billion for 2023. State Farm reported a net income of $5.3 billion in 2024 compared to a net loss of $6.3 billion in 2023. The reported net income for 2024 includes the impact of $3.0 billion of realized capital gains, net of tax.

The financial strength of State Farm Mutual Automobile Insurance Company and each of its affiliates is key to fulfilling our promises to customers in the future and expanding and enhancing the way we serve customers. We are committed to investing in our business, expanding our digital capabilities to enhance our customers' experience, and providing an offering that makes us the first and best choice in the market. We remain focused on growing our customer base, which supports our ability to invest in our products and services to enhance the overall customer experience through better customer service, more innovative insurance products and better technology solutions (such as user-friendly apps and online tools).

The State Farm insurance operations consist of fourteen P-C companies and two life companies, each of which is managed on an individual affiliate level. The P-C companies are primarily engaged in automobile, health, homeowners, commercial multiple peril (CMP) and reinsurance lines of business. The life companies are primarily engaged in individual life insurance and annuity business. The State Farm group of companies provides insurance and financial services products across over 96 million policies and accounts. In addition, the State Farm group makes third party products available to meet a variety of customer needs including, but not limited to, annuities, banking, health, mutual funds and pet medical.

Auto – The State Farm auto insurance business represented 65 percent of the P-C companies’ combined net written premium. Earned premium was $67.5 billion. Incurred claims and loss adjustment expenses were $56.2 billion and all other underwriting expenses totaled $14.0 billion. The underwriting loss was $2.7 billion.

Comparable 2023 figures were: earned premium, $56.1 billion; incurred claims and loss adjustment expenses, $53.4 billion; all other underwriting expenses, $12.4 billion; underwriting loss, $9.7 billion.

Homeowners, CMP, Other – The net written premium for the remainder of the State Farm P-C business represented 34 percent of the P-C companies’ combined net written premium. Earned premium was $34.5 billion. Incurred claims and loss adjustment expenses were $30.1 billion and all other underwriting expenses totaled $7.9 billion. The underwriting loss was $3.6 billion.

Comparable 2023 figures were: earned premium, $30.5 billion; incurred claims and loss adjustment expenses, $28.0 billion; all other underwriting expenses, $7.1 billion; underwriting loss, $4.7 billion.

Life – In 2024, State Farm Life Insurance Company and State Farm Life and Accident Assurance Company reported premium income of $6.7 billion and $817 million in dividends to policyholders. Net income for 2024 was $1.7 billion. There was $1.18 trillion in individual life insurance in force at the end of 2024. 

Comparable 2023 figures were: premium income, $6.5 billion; dividends to policyholders, $725 million; net income, $1.2 billion; individual life insurance in force, $1.15 trillion.

Health – The individual health insurance operations for State Farm Mutual Automobile Insurance Company reported an underwriting loss of $130 million, excluding the change in the premium deficiency reserve. Net written premium was $731 million.

Comparable figures for 2023 were: underwriting loss, $106 million; net written premium, $729 million.

Investment Planning Services – Total assets under management for the Investment Planning Services operation at the end of 2024 were $15.2 billion. State Farm VP Management Corp. and State Farm Investment Management Corp. reported a combined net loss of $33 million in 2024.

Comparable figures for 2023 were: total assets under management, $13.8 billion; net loss, $40 million.

_{Although financial information is presented on a group/line of business basis, State Farm Mutual Automobile Insurance Company and each of its affiliates must meet solvency and regulatory requirements on an individual entity-by-entity basis without regard to the solvency or financial condition of any other affiliated entity.}

_{Securities distributed by State Farm VP Management Corp.}

_{State Farm VP Management Corp. is a separate entity from those State Farm entities which provide banking and insurance products. Neither State Farm nor its agents provide investment, tax, or legal advice.}

Frozen water pipes are an issue that can affect families in both cold and milder climates each winter. When temperatures drop below 32 degrees Fahrenheit, pipes can freeze and burst, regardless of whether they are made of plastic or copper. By implementing the preventative measures listed below, you can help minimize the likelihood of frozen water pipes and the subsequent damage to your property.

The numbers

According to 2023 State Farm claims data, the company received more than 17,200 claims related to frozen pipes, paying more than $432.5M, with the average claim just over $23,500.

Tips to prevent frozen pipes

• Insulate pipes. Because exposed pipes are more susceptible to freezing, pipe insulation in your home's crawl spaces and attic may help even if you live in a climate where freezing is uncommon.
• Try heat tape or heat cables. Heat tape or thermostatically-controlled heat cables may be used to wrap pipes. Consider using products for the intended use (exterior or interior) and those approved by an independent testing organization. Carefully follow all manufacturer's installation and operation instructions.
• Seal leaks. Look for air leaks around electrical wiring, dryer vents and pipes. Thoroughly seal leaks with caulk or insulation to help keep the cold out.
• Secure outdoor hoses, valves and faucets. Before winter hits, disconnect garden hoses and, if possible, use an indoor valve to shut off and drain water from pipes leading to outside faucets. This may help prevent freezing of the short span of pipe just inside the house.
• Let water drip. A trickle of water might be all it takes to keep your pipes from freezing. Let warm water drip overnight when temperatures are cold, preferably from an indoor faucet on an outside wall.
• Adjust the thermostat. Keeping your thermostat set at the same temperature day and night may help prevent frozen pipes. During extreme cold, this may also help reduce the strain on the furnace.
• Open cabinet doors. This allows heat to better get to un-insulated pipes under sinks and appliances near exterior walls.

Tips if you leave for vacation

• Check the thermostat. Set the thermostat in your house no lower than 55 degrees Fahrenheit (12 degrees Celsius). Also check and replace the battery in your thermostat, if needed.
• Ask for help. Consider asking a friend or neighbor to check your house daily to see that it's warm enough to prevent freezing.
• Shut off the water. Shut off and drain the water system. Be aware that if you have a sprinkler system in your house, it may be deactivated when you shut off the water.

What do to if pipes freeze

• Call a plumber if needed. If you turn on your faucets and nothing comes out, leave the faucets turned on and contact your plumber.
• Avoid applying flames to thaw pipes. Never try to thaw a pipe with a torch or other open flame because it could cause a fire hazard.
• Consider a hair dryer as a possible heat source (with caution). You may be able to thaw a frozen pipe using a hair dryer. Before you start, see that you are not in or near standing water or near flammable materials. Start by warming the pipe as close to the faucet as possible, working toward the coldest section of pipe.
• Shut off the water supply. If your water leak detection system has already gone off or your pipes have burst, turn off the water at the main shutoff valve in the house. See that everyone in your family knows where the water shutoff valve is and how to open and close it. Be sure to leave the water faucets turned on.

Investing in sports – with a particular focus on women’s sports – has always been a priority at State Farm, and women’s basketball is a critical component of that sports strategy. This fall, coming off a historic WNBA season and heading into what’s primed to be another exciting women’s college basketball season, State Farm is continuing to deepen its investments through new talent relationships and elevated league sponsorships.

Signing JuJu Watkins to a NIL deal: State Farm has signed the USC sophomore and standout college basketball player to a NIL deal – only the second collegiate deal on behalf of the brand. As part of her relationship with State Farm, JuJu will appear in a Big Ten Network co-brand commercial called “One on One” alongside Jake from State Farm, airing Friday, Nov. 29.   

In addition to the NIL deal, State Farm is also the presenting sponsor of JuJu’s NBC Peacock docuseries, “On the Rise: JuJu Watkins,” presented by UNINTERRUPTED and 4.4.Fourty Media.

Kristyn Cook, Chief Agency, Sales and Marketing Officer at State Farm said, “Signing JuJu Watkins as our second-ever NIL deal adds another athlete to our roster who’s truly at the top of her game. JuJu was electric in her first season at USC and set the bar high for what she can accomplish over the next few seasons. State Farm has been investing in women’s sports for more than two decades because it’s smart business, and JuJu is a prime example of the passion and drive that makes the women’s game such a force. We look forward to what we can, and will, accomplish together in the women’s sports landscape.”

An official sponsor of the New Unrivaled Basketball League: State Farm has signed on as a sponsor of the new women’s professional three-on-three basketball league that tips off on Friday, Jan. 17. State Farm was also the presenting sponsor of the league’s Club Selection announced on Wed, Nov. 20.

“The popularity of women’s basketball continues to explode,” said Kristyn Cook, Chief Agency, Sales and Marketing Officer at State Farm. “Sponsoring Unrivaled is another opportunity for State Farm to deepen our long-standing investments in women’s sports. We want to be part of bringing awareness and excitement to this new league, and in doing so help grow the game for athletes and fans alike.”

 Caitlin Clark on Team State Farm: State Farm continues its relationship with the Indiana Fever’s Caitlin Clark as a Team State Farm athlete. She is currently starring alongside ESPN reporter Cassidy Hubbarth and Jake from State Farm in an ESPN co-brand commercial called “Rookie Move.”  The commercial is in collaboration with Disney Advertising, Disney CreativeWorks and ESPN and falls under the brand’s Right Kind of Magic campaign.

Presenting sponsor of the 2024 WNBA Expansion Draft: On Friday, Dec. 6 on ESPN (6:30 p.m. EST), State Farm will proudly serve as the presenting sponsor of the first-ever nationally televised WNBA Expansion Draft.

 Top 10 states for paid claims in 2023:

1.       California - $17.8M

2.       Georgia - $17.8M

3.       Illinois - $17.7M

4.       New York - $11.9M

5.       Michigan - $11.3M

6.       Texas - $10.6M

7.       Ohio - $10.4M

8.       Pennsylvania - $9.7M

9.       Tennessee - $9.1M

10.     Alabama - $9.1M

What you should know about home cooking safety

• Always keep an eye on what you are cooking/frying/grilling/boiling/broiling and check the food regularly.
• Be on alert! If you are sleepy or have consumed alcohol, don’t use the stove or stovetop.
• Keep anything that can catch fire — oven mitts, wooden utensils, food packaging, towels or curtains — away from your stovetop.
• Keep a fire extinguisher approved for cooking or grease fires nearby. Make sure your smoke alarms are working.

 If you have a cooking fire

• Always cook with a lid beside your pan. If you have a fire, slide the lid over the pan and turn off the burner. Do not remove the cover because the fire could start again. Let the pan cool for a long time. Never throw water ​on the fire.
• If the fire does not go out or you don’t feel comfortable sliding a lid over the pan, get everyone out of the home. Call the fire department from outside. 
• For an oven fire, turn off the heat and keep the door closed.
• When in doubt, get out! When you leave, close the door behind you to help contain the fire. Call 9-1-1 or the local emergency number after you leave.

State Farm has received approximately 2460 homeowner claims and about 720 auto claims from the storms that hit Memorial Day weekend.

To provide the best possible service and response to customers who have damage from the tornado, the following are in place: 

• Catastrophe claims specialists and support staff have deployed. Claim teams will be actively making contact and providing initial claim handling efforts for our impacted customers with a focus on the most severe losses. A Catastrophe Customer Care site is opening today in the most impacted area to support claim handling efforts for local residents at Lowe’s Home Improvement, 300 N 46^th Street, Rogers, AR.
• The 1-800-SFCLAIM line is activated and available for customers to begin the claim reporting process, should they be unable to reach their local State Farm agent. 
• State Farm policyholders who have damage can submit and manage their claim through various channels. This includes calling or emailing their State Farm agent, calling 1-800-SFCLAIM, submitting a claim through our mobile app or through our website at statefarm.com/claims. Customers may also text the word “CLAIM” to 62789 to receive a link to file a claim.

Our State Farm Customer Response Unit (CRU) is traveling throughout the impacted areas, distributing things such as bottled water, work gloves and other useful items for residents to help in the recovery process.

Tips for assessing tornado damage when safe to do so:

• Don't enter damaged buildings until they are declared safe and use extreme caution around debris. Wear appropriate clothing, like sturdy shoes or boots, long sleeves and gloves.
• Safely check your home or apartment for any signs of structure issues and hidden damage.
• Safely take pictures of your home's damage, inside and out.

Tips for making temporary repairs to damaged property:

When it is safe to do so, people with repairable/limited property damage should have reasonable temporary repairs made to prevent further damage to their property. Depending on your coverage, these repairs may be reimbursed. Save receipts if you purchase items such as tarps and plywood or other supplies to make repairs.  

The Memorial Day storms have taken toll on a number of states in the region.

Total home & auto claim counts as of 1:00 p.m. CT today:

• Arkansas: 3,775
• Missouri: 3,950
• Kentucky: 1,350
• Oklahoma: 2,350
• Texas: 2,350

Catastrophe Customer Care sites

Site 1: Rogers, AR (Active)
Location – Lowes @ 300 N 46th St, Rogers, Arkansas 72756

Site 2: Claremore, OK (Active)
Location – Lowes @ 1746 South Lynn Riggs Blvd, Claremore, Oklahoma 74019

State Farm is pleased to announce the expansion of the Ting fire safety program as part of its longstanding commitment to fostering safer homes and communities, offering eligible customers more than 2 million smart sensors for free. With this program expansion, State Farm continues to lead the industry with the largest free distribution of smart home technology to help predict and prevent losses and ultimately save lives.

With increasing reliance on electronics, devices, and the power grid at large, the occurrence of electrical fires has steadily risen, according to national data from FEMA,¹ resulting in a fire in a U.S. home every ten minutes.² Since 2020, State Farm has collaborated with Whisker Labs to combat this risk with a simple, plug-in sensor that monitors a home for dangerous arcing, the precursor to most electrical fires. Beyond its ability to detect and therefore help prevent electrical fires, Ting also offers additional benefits like power outage and dangerous utility power notifications, frozen pipe prevention, and more.

"Putting customers first and being a good neighbor is at the heart of the State Farm mission. Ting is part of our ongoing commitment to prevent losses and protect more people in more ways.” says Chris Schell, Executive Vice President & Chief Operating Officer of State Farm. "Hearing from our customers about how Ting has helped them protect their families and homes is extremely powerful. It just makes sense to expand the program to reach even more homeowners with free Ting sensors.”

Today, nearly 700,000 homes insured by State Farm have received a Ting sensor, with 50,000 additional sensors reaching homes each month.

"We continue to be humbled by the unwavering commitment of State Farm to customer safety. It has been an honor to work to build a program that has saved nearly 10,000 homes from electrical fire hazards," says Bob Marshall, Co-Founder & CEO of Whisker Labs. "Expanding the offer to 2 million homes is another example of how State Farm always puts their customers first. Ting sensors help protect individual homes and monitor the electric utility grid that we rely on for life every day. Prevention is simply better for everyone."

State Farm homeowners interested in a free Ting sensor and service can check eligibility and enroll online. In addition to the smart plug-in sensor and app, customers receive $1,000 credit for professional remediation of electrical fire hazards when required (provided by Whisker Labs).

<sub>1. FEMA - Residential Building Electrical Malfunction Fire Trends
2. NFPA report - Home Electrical Fires</sub>

About Whisker Labs:

Whisker Labs develops cutting-edge sensor technology to protect families, homes, and communities by predicting and preventing electrical fires while also monitoring the resiliency and safety of the U.S. electrical grid. Its flagship solution, Ting, draws on decades of electromagnetic and atmospheric sensor expertise combined with AI to detect electrical faults in the home and on the grid. Through a single, DIY sensor plugged into a wall outlet, Ting enables intelligent detection, localization, and mitigation of hazards before they can start a fire. As one of the fastest growing grid IoT networks, Ting is proven to prevent 4 out 5 electrical fires, reducing home fire losses and saving lives across the U.S. every day. For more information visit www.whiskerlabs.com and www.tingfire.com.

“Jon and I have worked together for many years. I’ve seen how much he cares about State Farm, how much he cares about the people at State Farm, how he solves problems, and how focused he is on taking care of our customers,” said Tipsord at a meeting of State Farm leaders earlier today. He noted Farney’s key role in the company strategy in the last several years.

Farney joined State Farm in 1993 and has served in a variety of executive leadership roles including assistant vice president – securities products, assistant vice president – planning & analysis, vice president – financial operations and operations vice president – underwriting. He was named senior vice president, treasurer and chief financial officer in January 2016. He succeeded Michael Tipsord as president of State Farm Mutual Automobile Insurance Company on January 1, 2024. A native of Illinois, Farney earned his bachelor’s degree from Illinois State University and his MBA from the University of Michigan.

“It’s a privilege to follow Michael as CEO of this great company and lead an incredible team of more than 19,000 independent contractor agents and 65,000 employees who are committed every day to serving our customers,” said Farney. “We’ll push ourselves to continually improve so we’re positioned to help even more people manage the risks of everyday life, recover from the unexpected and realize their dreams.”

Tipsord focused on positioning the 102-year-old company to help more people in more ways for the long-term following his CEO appointment in 2015. Since then, State Farm has grown from more than 83 million policies to serving more than 94 million policies and accounts. The financial strength of the organization – necessary to help ensure the company keeps its promise to its customers – has expanded from $82.7 billion to more than $134 billion. State Farm remains the nation’s leading Auto and Home insurer.

Both Tipsord and Farney expressed to company leaders today the important role of the State Farm mission to help people. Farney emphasized the company’s long-held focus on the customer will carry forward, with an eye toward further enhancing digital capabilities and leveraging the unique talents of agents and employees throughout the country.

“With great minds, good hearts and wonderful people, there is truly no place like State Farm,” Tipsord told employees and agents earlier today. “I know the best days for this amazing organization are yet to come.”

Tipsord began his State Farm career in 1988. He was named vice chairman and chief financial officer in 2004, chief operating officer in 2011 and elected CEO and president in 2015. He was elected Chairman of the Board of State Farm Mutual Automobile Insurance Company in June 2016. Tipsord will continue to serve as Chairman. A graduate of Illinois Wesleyan University, Tipsord is a Certified Public Accountant and earned his juris doctor from the University of Illinois, where he is a member of the dean’s advisory board for the College of Law.

Listen Next will include a full year of distribution, marketing resources, production support from the specialists at SiriusXM’s Stitcher Studios, networking opportunities and guidance from talent and executives across the podcasting industry. Podcasters will retain full ownership rights to their work. In collaboration with the production studios behind the shows, Listen Next will amplify creators both in front of and behind the mic, and offer a megaphone to their stories.

“Podcasts are increasing in popularity especially with younger generations, so it is imperative that new talent can showcase their perspectives and creative talents across the growing digital landscape,” said Brent Malik Bynum, Marketing Director at State Farm. “State Farm is excited to be collaborating with SiriusXM to lead the way for more diverse voices to connect with listeners worldwide.”

”With Listen Next, we’re thrilled to accelerate the audio careers of the next generation of podcasting stars and contribute to a more inclusive audio industry,” said Kameel Stanley, Program Director, Stitcher Studios. "By collaborating directly with diverse-led production studios, we are able to make a greater impact in amplifying rising voices behind the mic. We’re thrilled to work with these studios and creators to bring Listen Next to life in 2024, and to welcome new talent into the SiriusXM family.” 

By sponsoring the inaugural Listen Next season, State Farm is empowering the next generation of podcasters to focus on developing their shows and stretching their creativity at the very start of their podcasting journeys. In doing so, State Farm is making a direct contribution to the diversification of podcasting and the support of BIPOC creators at the earliest stage, before the shows even launch.

 “As podcast listenership continues to grow and become more diverse, we are thrilled to play a small part in helping to develop and elevate new voices in the space,” said Mike Reid, Vice President of Revenue Partnerships at SiriusXM Media. “By bringing sponsors into the program, we can do even more to not only amplify these much-needed voices, but directly support them in launching their podcasting careers. We are thrilled to have State Farm joining us in investing not only in the next generation of great BIPOC creators, but also in our overall mission to amplify diverse voices and uplift future podcasting superstars.”

To learn more about the program, visit siriusxmmedia.com/listennext. 

About Sirius XM Holdings Inc.

SiriusXM is the leading audio entertainment company in North America with a portfolio of audio businesses including its flagship subscription entertainment service SiriusXM; the ad-supported and premium music streaming services of Pandora; an expansive podcast network; and a suite of business and advertising solutions. Reaching a combined monthly audience of approximately 150 million listeners, SiriusXM offers a broad range of content for listeners everywhere they tune in with a diverse mix of live, on-demand, and curated programming across music, talk, news, and sports. For more about SiriusXM, please go to: www.siriusxm.com.

State Farm All-Star Saturday Night (ASSN) 2023 will tip-off on Saturday, Feb. 18 at 8 p.m. ET (televised on TNT) at Vivint Arena in Salt Lake City, UT. 

Featuring the Kia Skills Challenge, STARRY 3-Point Contest, and AT&T Slam Dunk, State Farm All-Star Saturday Night is always one of the highlights of the NBA All-Star. 

Jake from State Farm will participate in the event opening alongside NBA legends and other stars.  
 

New Commercial Spot

This season’s “What If” campaign continues with a new commercial spot that will premiere on Saturday night, Feb. 18.

State Farm is focusing on a service message with the “What If” creative campaign, leaning into the constant curiosity and stress that people have around the potential outcomes of adult life. When it comes to questions about home and auto insurance needs, people can rely on the app and support from their State Farm Agent for almost any what-if.

In “What If Tuxedo”, Jake from State Farm lets Chris Paul know that State Farm is here to help when he asks about needing to switch up his insurance plan. Chris then begins to wonder – what if he wants to switch up his tunnel walk look? Chris is then seen in a high-fashion tuxedo that catches the eye of Security staff walking by. Jake is heard affirming that State Farm is there for your what-ifs.

State Farm Assist Tracker

During the NBA All-Star Game, as part of the State Farm Assist Tracker program, each assist will represent a $1900 donation that State Farm will make to the two All-Star beneficiaries - Big Brothers Big Sisters of Utah and Raise the Future.

Additionally, in the first of four Assist Tracker events this season, State Farm and the NBA worked with Lincoln Elementary School in South Salt Lake to renovate its STEM education room and refurbish its gymnasium.

It’s all part of the NBA and State Farm teaming up to bring people together and create a lasting, positive impact in the community.

State Farm, the largest insurer of vehicles and homes in the nation, is offering customers more than one million Ting sensors to help detect electrical hazards in their homes.

According to 2021 data from the National Fire Protection Association, electrical failures or malfunctions are the second leading cause of home fires.

To help identify and prevent potential electrical fires, State Farm is offering eligible customers Whisker Labs Ting sensors at no cost.

"State Farm is committed to being a good neighbor and always looks for ways to put our customers first. Ting is an important part of the work we are doing to prevent losses and to help protect more people in more ways. Offering Ting to homeowner customers makes sense,” says Chris Schell, Senior Vice President – Property & Casualty. “Many of our customers who now have Ting in their homes have told us they love it!”

Since 2020, Labs @ State Farm has collaborated with Whisker Labs to offer Ting sensors to eligible homeowner customers across the country. More than 200K homes insured by State Farm are now monitored by a Ting sensor which has resulted in thousands of success stories, and in many cases, imminent fire loss prevention. Electrical fire hazards often start silently and simmer over time – in many cases, over months and years – before a fire ignites. Proactive mitigation removes risks that could otherwise result in a devastating loss in the future.

"Through Ting, Whisker Labs is identifying and mitigating nearly 250 home fire hazards every month, a number that is growing rapidly. It is incredibly gratifying each time Ting helps identify an electrical fault, mitigate the hazard and prevent a fire. We are truly saving lives and homes," says Bob Marshall, Co-Founder & CEO of Whisker Labs.

State Farm homeowners interested in a Ting sensor and three years of free service can check eligibility and enroll online. In addition to the smart plug-in sensor and app access, additional benefits include:

• Free Ting sensor with mobile app access
• Pay no annual service fees for three years (fees paid by State Farm)
• Receive $1,000 credit toward remediation of electrical fire hazards (provided by Whisker Labs)    
   

How does Ting Work?

Ting monitors the electrical network of a home using a smart plug-in sensor to help detect hazards, so they can be fixed before they have a chance to ignite a fire. The main precursors to electrical fires, micro-arcs and sparks that develop, happen in faulty wires, loose connections and faulty appliances or devices. These signs usually develop over weeks and months, so Ting is designed to provide you with advanced warnings to address these hazards prior to the hazard starting an electrical fire. 

Whisker Labs on Vimeo: How Ting Works 

Ting may also help detect electrical faults in the utility grid that could damage your home and potentially trigger wildfires.

"The vital initiatives in electrification also demand more from electrical systems in the home and on the utility grid. Ting is leading the insurance and electric utility sectors toward a future of predicting and preventing losses and enhancing resiliency. We are very proud to be entrusted to help protect State Farm customers and communities," added Bob Marshall.

About Whisker Labs:

At Whisker Labs, we help protect families, property, homes, and communities by preventing fires and providing incredible visibility into the health of the electric utility grid. Our breakthrough technology, Ting, delivers intelligent detection, localization, and mitigation of potential fire hazards before they can start a fire from a single DIY plug-in sensor. While on the job looking for home electrical fire hazards from faulty wiring, devices, or appliances, Ting also monitors the quality of power delivered to homes by the electric utility. Poor power quality can induce fires, damage appliances, and create electrocution risks inside a home. And across the broader community, the network of Ting sensors also provides expert grid monitoring in real-time, helping grid operators identify and locate incipient faults, which, left unaddressed, can escalate and serve as an ignition source for devastating wildfires in prone communities.

State Farm employee Vy Webster defied the odds as her name was drawn as one of two dozen State Farm sweepstakes winners out of 1,300 entrants to represent the company at the Walt Disney World Marathon Weekend in January. To Vy, running and endurance sports are a true passion, and she finds it therapeutic to be challenged and put in the hard work to come out victorious. But in 2016, Vy faced her biggest obstacle yet - a cancer diagnosis.

“If racing and cancer have taught me anything, it's that your mind and body are incredibly capable of more than you can imagine. Running in the half marathon felt like a truly magical escape from the day-to-day management and stress of my ongoing health issues over the past few years,” said Vy. “It's also an important reminder of the health that I do have to help me run 13.1 miles as well as the great support system I have in my family and State Farm.”

This year will mark the 30th Anniversary of the Walt Disney World Marathon Weekend, which for the first time, was presented by State Farm. More than 100,000 runners and spectators were part of the events.

One of those runners was Joshua Zilm, who has been working at State Farm for eight years and has been participating in endurance events for more than a decade. This was his first year competing in the Walt Disney World Marathon Weekend and he completed the grueling Dopey Challenge - four races in four days, including a 5k, 10k, half marathon and full marathon.

“Fitness has been a key part of my life and attending an event like this brings a unique energy that is second to none and a welcome change to my daily solo routine in Illinois,” said Joshua. “People love Disney and people love running! When you mix the two, you create a powerful environment that brings together so many people from all walks of life - it’s nothing short of magical.”

Tracy Schaaf, a State Farm employee and a Walt Disney World Marathon Weekend veteran, has made the trek to Florida every year since 2018. Now she trains and runs in memory of her mother, a retired State Farm Underwriter, who unexpectedly passed away in 2019.

“The runDisney community is amazing. They are like a second family to me. Life has changed a lot since I started running in 2018. I’ve been able to focus on my running goals, while grieving and healing from the loss of my mom,” said Tracy. “Nothing keeps me more motivated than running down Main Street USA and crossing the finish line with a shiny, new medal!”

And even those who are not employees of State Farm represented the company in a big way. A community of runners who’ve nicknamed themselves the “Running Buddies”, were excited to hear that State Farm was the presenting sponsor of this year’s event. One of their members contacted her local State Farm agent, Tom Clarke from East Greenbush, NY, who donated red branded t-shirts. Many of them also wore khaki shorts to complete the full State Farm effect.

“It’s always good to get the brand out there and support a great cause,” said Tom.

While on the surface it appears light-hearted and fun to race at Walt Disney World Resort, many participants run for more significant meaning. Whether it’s physical health, mental health, or community, it is amazing to see these good neighbors come together to accomplish their goals and have a magical time!

Our Ian response includes State Farm agents who live and work in the same neighborhoods as our customers, and teams of claim specialists trained in disaster response traveling in to evaluate damage on site. They are joined by thousands of employees in centralized care centers across the country helping answer customers’ questions and file their claims.

Additionally, our remote claim teams are able to conduct virtual inspections with impacted customers following the storm, helping customers in their time of need. The use of aerial imagery during the first stage of response helps determine the areas of severe impact. This helps State Farm identify the hardest hit areas and customers, and assess where we need to initially respond and send our first wave of resources to start handling claims for those hardest hit.

Our State Farm Customer Response Units (CRUS) have been traveling throughout communities impacted by Ian. CRU team members and State Farm agents have distributed needed items such as bottled water, packed snacks, work gloves and other useful items for residents. The CRU team responds immediately following a disaster, and navigates throughout impacted areas to provide in-person contact and assistance to those in need. State Farm agents often ride along on the CRU, and can offer neighbors helpful information about filing their claim and insurance tips. State Farm is there to help residents during this first and critical step on the road to recovery.  

After the storm - Don’t sign anything and contact State Farm first

Given the possibility of widespread home damage and claims from Hurricane Ian, we want to make Floridians aware of an important issue called AOB (Assignment of Benefits). State Farm has seen an increase in claims with an Assignment of Benefits throughout the state. 

Once it is safe to do so, check your property for damage. If you have home damage from the storm, please follow these tips to avoid an AOB mistake: If you have a property damage loss in your home, contact State Farm immediately to report the claim. Be careful before signing anything without fully reading the documents. Remember that an AOB transfers the payment and many rights of your claim to the vendor or contractor. This language is often difficult to identify in the documents. Keep your rights! Vendors taking AOBs may be water mitigation companies, roofers or other contractors. Be diligent before signing anything with a vendor/contractor that solicits you directly and advises you to file a homeowner’s claim. Also, preserve all building materials removed by any contractor or vendor until you speak with State Farm.

Customers impacted by Ian urged to report claim as soon as possible

To provide the best possible service and response to customers who may be impacted by Hurricane Ian, the following are in place: 

• The 1-800-SFCLAIM line is activated and available for customers to begin the claim reporting process after the storm hits, should they be unable to reach their local State Farm agent.
• State Farm policyholders who have damage from Hurricane Ian can submit and manage their claim through various channels. This includes calling or emailing their State Farm agent, calling 1-800-SFCLAIM, submitting a claim through our mobile app or through our website at statefarm.com/claims.
• Customers may also text the word “CLAIM” to 62789 to receive a link to file a claim or email SFhelp@statefarm.com to reach our Executive Customer Service team.

For people in need of disaster relief, the American Red Cross has shelters in Florida.  Residents can also contact FEMA at 1-800-621-3362 to apply for assistance.

State Farm® is kicking off Hispanic Heritage Month (September 15 – October 15) by sharing three Hispanic agents’ perspectives on working in a sometimes-challenging environment.

Agent Vivian Mora, Hoover and Irondale, Alabama

Vivian was the first Latina State Farm agent in Alabama. When she started her Agency career on New Year’s Day 2009, it wasn’t always easy,

In Vivian’s words: The differences I brought as a Hispanic agent were not always accepted, Many customers did not like how we sounded or how the team members did not look like them. That’s human nature, but we are part of this community, and we are here to stay and to be an asset to help it grow and prosper.

During good times and bad times, claim after claim, disaster after disaster, I take the privilege of being part of this elite group very seriously and want to be an active part of the State Farm customer-centric, community-focused culture every day,

Agent Antonio Vela, Durham, North Carolina

Antonio has been with State Farm for nine years and is proud of his community.

In Antonio’s words: The current political and social environment can add to the challenges of being a Hispanic agent, but we are proud to represent our Hispanic community in this professional financial and insurance industry in the best way possible.

Owning my own business was always a dream for me, and State Farm gave me the opportunity I was waiting for.

After meeting with a lot of people and studying different endeavors for years, I met the right people at State Farm. I then learned about the company’s mission and vision, and I decided to start my journey first as an agent team member and then as a State Farm agent.

Agent Fernando Arguello, Brentwood, Tennessee

Fernando understands there are always challenges to being a business owner, especially as a minority, but he focuses on the positive.

In Fernando’s words: I’m proud to be a Latino and bilingual. I’ve had the incredible opportunity to build relationships with clients from all different backgrounds.

As a 14-year agent, I understand the importance of creating a sense of community for customers.

My advice to new agents is always to ensure your client's best interests are at the core of your business. Compassion, trust, and reliability will help maintain relationships with current clients and encourage references to help grow your business.

The people behind the technology, the insurance, the response. They are what makes the State Farm heartbeat so strong and passionate across the country. The people who respond. The people who care. The people who help you put your life back together after the worst day of your life.

Meet three of those people who have a combined experience of more than 77 years helping others recover.

Adrian, Fadra and Chris. The heartbeat of State Farm.

“iHeartLand is designed to break down the walls between artists, creators, brands and fans in new ways that are only possible in the Metaverse,” said Conal Byrne, CEO of the iHeartMedia Digital Audio Group. “As the leading brand for music discovery and popular culture, and the No. 1 podcast network globally, we’re excited to build an entirely new world for our biggest creators and the biggest names in music to quite literally play with their fans. The interactive experiences players will get in iHeartLand and in this new first of its kind venue are going to be incredibly dynamic and creative. We couldn’t be more pleased to collaborate with State Farm given their history of innovation in marketing and desire to continue creating memorable experiences for consumers – and given our companies’ shared fundamental focus on community and neighbors, there was truly no other brand we’d choose to embark on this project with.”

State Farm shares in the excitement, says Rand Harbert, State Farm Chief Agency, Sales & Marketing Officer, “As the quintessential good neighbor, it only makes sense for State Farm to join the virtual neighborhood that is the metaverse. We‘re excited to work with iHeartMedia to meet consumers where they are in a way only our two brands can. Together, we aim to create a space where fans can come together to compete and collaborate to unlock once-in-a-lifetime experiences in a virtually limitless world of entertainment in iHeartLand.”

iHeartLand will be the premier destination in the metaverse for fans to interact with artists and creators while learning how to build their own music empire through competition, collaboration and connection with the biggest names in music, podcasting and entertainment. To celebrate its launch, the new arena will kick off a steady drumbeat of events where fans can expect performances, new music drops, interactive podcasts, exclusive collectible merch and special access to VIP experiences curated exclusively for metaverse players. Additional details about iHeartLand and the performance and event lineup will be announced closer to launch.

About iHeartMedia

iHeartMedia, Inc. [Nasdaq: IHRT] is the leading audio media company in America, reaching over 90% of Americans every month, and has a portfolio of unmatched consumer brands and industry-leading events. iHeart’s broadcast radio assets alone have more consumer reach in the U.S. than any other media outlet; twice the reach of the next largest broadcast radio company; and over four times the ad-enabled reach of the largest digital only audio service. iHeart is the largest podcast publisher according to Podtrac, with more downloads than the next four podcast publishers combined; has the number one social footprint among audio players, with seven times more followers than the next audio media brand; and is the only fully integrated audio ad tech solution across broadcast, streaming and podcasts.  The company continues to leverage its strong audience connection and unparalleled consumer reach to build new platforms, products and services. Visit iHeartMedia.com for more company information.

Unfortunately, just as her plans were coming together, Vilchez was laid off from her full-time position due to the pandemic. She had to take several part-time jobs, putting her dream on hold. But she didn’t want to wait much longer. Determined to turn her passion into a business, Vilchez contacted Noel about what she would need to do to start her bakery from home.

“Cristel and her team have always taken the time to understand my needs and my situation so they can present insurance options for my specific plans,” said Vilchez. “I appreciate and value that kind of commitment.”

From opening day, Vilchez has baked cakes for birthdays, holidays, and other events. She gained referrals from loyal customers, and her business has blossomed. In 2021, she was able to buy more equipment, allowing her to bake at a higher capacity. Today she works full-time creating her beautiful cakes.

If you dream of starting a business, you are not alone. According to the Census Bureau, over 4.4 million new businesses were created in the U.S. in 2020 – the highest on record, with half a million new businesses begun in January 2021 alone. As a result, State Farm has experienced a 30% increase in home-based business insurance policies in the past two years.

Whether you’re still planning, or you already own a small or medium-sized business, here are tips to help ensure that your business will grow and thrive.

Develop a plan.

No business can get off the ground, get financing, or grow without a solid business plan. Creating a good business plan – and adapting it as needed – takes research, and assistance from others. One great resource for all things small business, including writing business plans, is the Small Business Administration.

Make it official.

Every locality has different regulations regarding starting and operating businesses. Because such regulations involve legal and tax issues, you’ll need expert advisors to address your specific situation. You may find qualified consultants by contacting professional associations in your industry for recommendations.

Find connections.

Start building a network of people who can offer advice and assistance – even if they’re in a different field. Learning from others who have been in your shoes is very helpful, especially when you’re starting out. If you’re a woman, veteran, minority or live in an area undergoing renewal, you may also be eligible for programs to assist you with funding and more through the Small Business Administration and other organizations.

Protect your investment.

Whether you have a separate location or home-based business, you need to protect your investment by insuring it.

If you’re starting a business from home, you may need to add an endorsement to your homeowner’s policy, which covers business property while it’s used or stored inside your home.  Alternatively, you may want to consider a business insurance policy which provides broader coverage, including liability insurance in addition to covering your business property.  This could be used to insure a business operated out of your home or a separate location such as an office or storefront.

Consider a business insurance policy if you:

• Provide services directly to customers while in your home or at another location. Businesses such as tax preparation or hair services, etc. may require additional specialized liability coverage. Plan to have $5,000 or more worth of business property kept at your home-based business location.
• Rely on the income from your business to support your household.

Your investment is not just a building or inventory – it includes yourself, your employees, and your customers. For many small businesses, unexpected events can disrupt the normal flow of business. What if you’re injured or sick? What if a client is injured in your home? In addition to health and life insurance, disability and liability insurance may be needed to protect your income, and with the help of a State Farm agent, you can plan for all of these when getting your small business off the ground.

To get a conversation started about your business insurance needs, visit:

Business insurance at surprisingly great rates

Seguro para negocios a precios tan buenos que sorprenden

Rosebud Scholarship Fund won a Neighborhood Assist grant in 2019 and one of its students is Shallon. Shallon is a member of the Rosebud Sioux Tribe, grew up on the reservation in South Dakota, and currently attends college in Minnesota, majoring in sociology.

“I really want to come back and be a mentor for the youth here, so they don’t have to struggle like I did,” said Shallon.

Watch the video to see the positive impact of a Neighborhood Assist grant on this community.

Every Vote Counts (as an Act of Good!)

Voting for Neighborhood Assist is an Act of Good. Every time you vote, we encourage you to record that Act (and all your other amazing Acts) on the 100forGood website or app (available on iOS and Android).

For nearly 100 years, State Farm^® has been committed to encouraging safe driving behaviors. Today’s drivers are surrounded by many devices and activities that may distract them from driving safely. While distractions themselves have changed over the years, the responsibility of the driver remains the same: Focus on the road and stay engaged while driving safely.

New State Farm research completed in March 2022 suggests that consumers may not be fully focused on driving. Far too often drivers are choosing to drive distracted even when they are fully aware of the danger. The survey shows half of the drivers on the road admit to bad behavior – frightening stats:

• More than half of drivers said they “always” or “often” read or send texts.
• Nearly half interact with apps while driving.
• At least two in five drivers admitted to watching videos or manually dialing the phone while driving.
• One-third of drivers reported using video chat or recording video while driving.

Distractions are varied – and can be avoided. Loud music, eating while driving, speeding, pets moving in the front seat, rubbernecking and phone usage can all be managed to prevent a crash. A person’s mental state when behind the wheel can be distracting and lead to disaster, causing more than 100,000 crashes each year.

It’s become clear that we must do more to shift the culture of distracted driving. The responsibility for change begins with each of us limiting our own distractions behind the wheel, setting an example to those around us, and asking those we care about to put down the phone and focus on the road.

             

As State Farm founder G.J. Mecherle (pictured) once said, “The greatest troubles we have are what we bring on ourselves.” 

About the survey: 

In February 2022, the State Farm Enterprise Research Department used an outside panel vendor to conduct an online survey of U.S. consumers ages 18 and older. Survey responses were received from 828 consumers who reported having a valid driver’s license and driving at least one hour per week. 

 These words, shared by State Farm executives Sonya Robinson and Christopher Gude, rang loud and proud at the 15^th annual Disney Dreamers Academy (DDA).

 The four-day program, held at the Walt Disney World^® Resort annually in March, nurtures the career aspirations of teens from across the country, particularly Black/African-American students and those in underrepresented communities, by encouraging them to DREAM BIG.

Like a Good Neighbor

Following the news of a multi-year strategic alliance with Disney, Sonya and Christopher were honored to represent State Farm at the Academy. The former State Farm agents now oversee business development and growth in western states.

 “Getting a chance to spend time with the students and share my story … I was in their shoes 30 years ago,” Christopher said. “I want them to know they have what it takes to succeed.”

 During a workshop dedicated to helping Dreamers thrive, the pair got personal, shedding light on their modest upbringings in rural communities where opportunities were limited.

 “Being an African-American child in the South was not easy and I often faced racial adversity and exclusion,” Sonya explained. “I didn’t let that stop me. Through education, work ethic and the strength of those before me, I overcame obstacles.”

 “Challenges are part of the journey,” Christopher said. “It’s how you respond that determines your success.”

The Pursuit of Purpose

Sonya and Christopher’s testimonies resonated with teens and adults. During DDA, the duo shared words of wisdom at networking events, workshops, and an exclusive ‘Neighborhood DA Jam’ party sponsored by State Farm.

 “Having the opportunity to learn from such dynamic people is incredible,” said 16-year-old Dreamer from Jacksonville, FL, Christianna Alexander. “I’m inspired.”

 During an entrepreneurship dinner, Christianna, who is also a published author, shared her aspirations with Sonya and Christopher.

 “They encouraged me to keep reaching for the stars,” she said. “Their experiences affirm I’m on the right path. I’m going to keep working hard while lifting others up, too.”

 Disney Dreamer alum Matthew Young (2014) echoed Christianna’s sentiments.

 “This academy surrounds you with people who are dedicated to pulling out the best in you. Through this process I have learned, grown and realized new possibilities,” Matthew said.

 On the final day of the academy – graduation – students received a ring. The gift symbolizes where they’ve been, what’s to come and the joy derived from relentlessly pursuing your passion.

 “Always remember to believe in yourself, support one another, and encourage each other’s destinies,” said Sonya.

About the alliance:

State Farm and Disney are committed to giving back to communities, spreading joy and creating unforgettable memories. Consumers will see the alliance come to life in ways such as Good Neighbor Month celebrations (September), the Walt Disney World Marathon Weekend (January 2023), Disney podcast sponsorships and more. State Farm will also sponsor two venues located at Walt Disney World® Resort: State Farm Waterview Park at Disney Springs and State Farm Field House at ESPN Wide World of Sports Complex.

• Nearly a fifth of all parents surveyed admitted that they did not use a child safety seat in the vehicle, putting their children’s lives at risk.
• State Farm is celebrating its 100^th anniversary and its long-standing commitment to safety.
• It is the 25th anniversary of the landmark child passenger safety research partnership between State Farm and The Children's Hospital of Philadelphia®.

Safety restraints are critically important for a child’s safety. Yet, as the child grows, car seat safety may take a back seat. The survey revealed that one in four children who used a child safety seat were not using it every time they rode in a vehicle.

The most listed reasons why parents did not use a child safety seat on every ride were:

• 34% - was a short trip
• 33% - not enough room for the child seat/booster
• 29% - the child was upset and did not want to use it

When parents use child safety seats, misuse is a widespread issue. According to the survey, 58% of parents reported at least one type of seat misuse, such as:

Motor vehicle crashes are a leading cause of death for children residing in the U.S. When children are properly restrained in a child safety seat, booster seat or safety belt, as appropriate for their age and size, their chance of being killed or seriously injured in a car crash is greatly reduced. When used properly, child safety seats reduce fatal injury by 71% for infants and 54% for toddlers in passenger cars.

The public seems to understand the severity of this issue according to a new poll by Advocates for Highway and Auto Safety that shows 92% are concerned with the lack of seat belt use or safety seats for child passengers, and 65% said they are extremely or very concerned. There seems to be a disconnect between truly acknowledging the importance of child safety seat and every day, “in real-life” use. Being a parent is hard. But all it takes is one time, one crash.

Car seat safety has come a long way

In 1997, the number one killer of children up to four years of age was motor vehicle crashes. In 2022, this is no longer the case. Child occupant (ages zero to four) deaths have been reduced by 15 percent. Motor vehicle crashes are still a leading cause, but no longer the leading cause.

A major reason for the improvement? Twenty-five years ago, State Farm joined forces with the Children’s Hospital of Philadelphia (CHOP) and the University of Pennsylvania to create Partners for Child Passenger Safety (PCPS) .

State Farm and CHOP identified more than 600,000 crashes involving 875,000 children under age 16. It was the largest source of data ever collected on children involved in motor vehicles crashes.