State Farm has announced that it has partnered with Hughes Telematics Inc. in order to give its car insurance customers the opportunity to use an in-vehicle device so that they may lower their auto insurance rates. State Farm is calling the program In-Drive, and uses technology developed by the Atlanta-based telematics company to give its Illinois policy holders a chance to take part in the program starting in September. Other states may also be offered this program in 2012. The features of the technology are comparable to some of those…
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State Farm announces closure of over twenty field locations
Last year was notoriously costly for insurers around the world. Natural disasters have taken their toll on many companies, causing some to close their doors and others to reevaluate their plans for continued operation. Given the recent catastrophes already occurring this year, companies are taking steps to save more money. State Farm is one such company, announcing plans for the closure of nearly 24 field offices in Illinois, Indiana and Michigan. The big name insurer is looking to shrink the size of its operations. Offices that it will not be…
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