State Farm

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State Farm plans mileage-based premiums

State Farm plans to begin increasing or lowering some of its Illinois policy holders’ rates next year based on how far they drive.

The Bloomington-based company says its new Drive Safe and Save program will only be available to its customers who have OnStar devices on their vehicles and use its vehicle diagnostics tracking tool. Get the full story »

State Farm CEO: Biz must address state spending

State Farm Insurance CEO Ed Rust Jr. says business leaders should inject themselves into the debate about “unchecked” government spending and borrowing. Get the full story »

Snow likely to rain on insurers’ earnings

First-quarter results of Northbrook-based Allstate Corp. and other property insurers are likely to include higher catastrophe losses due to the winter storms that have swept much of the country.

Winter storms are the third-biggest cause of catastrophe losses, behind hurricanes and tornadoes, according to the Insurance Information Institute. Get the full story »

State Farm tightens dress code: No more shorts

Three years after they relaxed the dress code for employees at their Bloomington headquarters, the State Farm Insurance Cos. are tightening it up a bit again. As of this week, shorts are forbidden. Get the full story »

Northern Trust, McD, State Farm among diverse

Northern Trust Corp., McDonald’s Corp. and State Farm Insurance Cos. made the list of Black Enterprise magazine’s “40 best companies for diversity.” The three companies also made the list in 2009. Get the full story »