State Farm is issuing $136 million in dividends to qualifying Louisiana auto insurance policyholders. The average payment is $138 per vehicle. Check your email this summer.
The company announced up to a $2 billion dividend to its auto insurance customers. It is the single largest dividend paid to its customers in company history.
If you are a State Farm insurance customer, you might want to follow this story. The insurance company is seeking a rate increase for Louisiana customers.