State Farm | WGLT

State Farm

Staff / WGLT

The latest State Farm Insurance unit to undergo realignment is State Farm Bank. The company says it is making about an 18 percent cut to the number of workers at State Farm Bank.

But, there will be an increase of about 100 bank employees in Bloomington-Normal as the company says it looks for ways to build a leaner, stronger company.

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State Farm told City of Bloomington leaders Monday it plans to sell its newly vacated downtown building.

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State Farm Insurance is adding armed guards to its major hubs including Bloomington, Atlanta, Dallas, and Phoenix.

A person sits in a car
State Farm / Flickr via Creative Commons

State Farm Insurance is announcing an auto rate decrease for Illinois. The Bloomington-based company says the average decline for Illinois rate payers will be 2.9 percent.

Cindy Le/WGLT

The mayor of Normal said he does not know whether the town will have to go through another round of budget cutting in a few years.

Ralph Weisheit / WGLT

An executive who leads State Farm's external public relations efforts is leaving the company for a new job at another insurer.

Man bending down to look at a mini model of a riding tractor
Colleen Reynolds / WGLT

A tourist from Miami who was raised in Kankakee couldn’t believe his good fortune to stumble into the opening of a new pedal car exhibit that opened this weekend at the McLean County Museum of History.

Ralph Weisheit / WGLT

State Farm announced Tuesday it will cut around 890 jobs in Bloomington as part of an IT restructuring project that will add similar positions in Atlanta, Dallas, and Phoenix.

Ralph Weisheit / WGLT

State Farm on Thursday reported its second-straight year of operating losses for its property-casualty insurance businesses, as the company pledged to get leaner and make significant internal changes.

Lyndsie Schlink / Illinois State University

The CEO of one of State Farm’s top competitors says she welcomes the challenge that her company will face as self-driving vehicles cut into the number of accidents in the decades ahead.

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State Farm Insurance is giving Heartland Community College $383,000 to support three workplace preparedness programs involving short-term certificates and career coaching.

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State Farm announced this week it’s giving $1,000 one-time bonuses to some of its employees, even as the company continues a cost-cutting realignment of its IT workforce.

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Mayor Tari Renner of Bloomington said there are a lot of potential re-uses for the State Farm Fire building in the downtown area, including a new City Hall.

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For the first time in nearly a century, State Farm employees will soon be without a home in downtown Bloomington.

Ryan Denham / WGLT

Former McLean County Board chair Matt Sorensen is expected to report to federal prison Monday to begin serving his one-year sentence for defrauding State Farm and one of its consultants.

Evan Vucci / The Associated Press

The relentless hurricane season is keeping Bloomington-based insurers busy.

Ralph Weisheit / WGLT

State Farm’s plans to realign its IT operations include a voluntary buyout for some employees.

WGLT

An internal announcement this week at State Farm won’t have a major impact on the size of the insurer’s overall workforce in Bloomington-Normal, the company said Friday.

Ryan Denham / WGLT

Former McLean County Board chair Matt Sorensen was sentenced Tuesday to a year in federal prison for his role in a billing-fraud scheme against his State Farm, the final chapter in a stunning fall for one of Central Illinois’ most prominent politicians.

Cindy Le / WGLT

State Farm has extended a helping hand towards victims of Hurricane Harvey, making a $40,000 donation to the Midwest Food Bank on Wednesday.

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State Farm Insurance says it will move 4,200 Mutual Automobile Insurance Company workers to Bloomington Normal and its large hubs in Atlanta, Dallas, and Phoenix over the next four years.

Some jobs will also move to other existing locations.

Spokesman Justin Tomczak says they are consolidating eleven smaller facilities in nine states to the headquarters and the hubs.

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State Farm Insurance had an operating loss of $1.2 Billion last year.

But, net income was $400 million in the black according to annual company financial results.

State Farm / Twitter

A lot of couples become engaged around the holidays.

State Farm Insurance saw an opportunity to boost its business by reminding people to use #ProtectTheBling...as in don't forget to insure the engagement ring.

They used a stock photo of an interracial couple during a proposal displaying a ring.

Cue the intolerance. Lots of it. 

Staff / WGLT

State Farm Insurance has now raised its auto rates in Illinois more than in any time in the last fourteen years.

Other insurers have also been increasing premiums charged to customers.

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State Farm Insurance has lost its fraud case in a long running dispute involving claims from Hurricane Katrina.

The U.S. Supreme Court issued a unanimous ruling against the Bloomington-based company.

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Former McLean County Board Chair Matt Sorensen is scheduled for a change of plea hearing Wednesday afternoon in Federal Court in Chicago.

That's according to court records.

Charlie Schlenker / WGLT

After a year plus at the helm of State Farm Insurance, CEO Michael Tipsord took his act public in McLean County with a guided q and a at an Economic Development Council dinner. Tipsord repeated what his predecessor, now retired Chairman Ed Rust Junior said often in his closing years.

"The corporate headquarters of State Farm Mutual Automobile Insurance Company will remain in Bloomington-Normal," said Tipsord.

United States Naval Research Laboratory / Wikimedia Commons

Both Bloomington-based State Farm Insurance and Country Financial have mobilized catastrophe teams as Hurricane Matthew moves closer to the U. S. coast and gains strength.

Illinois Supreme Court

A federal judge in Saint Louis has granted class action certification in a civil racketeering case against Bloomington-based State Farm Insurance.

The Clifford Law Office in Chicago alleges State Farm employees ran a dark money campaign to elect Lloyd Karmeier to the State Supreme Court, believing he would support the insurance company once a certain case reached the high court.

Staff / WGLT

State Farm Insurance is getting its agents out of the financial advisory game.

Starting in April, about 12,000 agents who are licensed to sell mutual funds and other retirement investment products will no longer do so.

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