YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
State Farm Mutual Automobile Insurance Co. plans to enact a rate change it estimates will save Missourians $26 million per year.
The provider announced it will drop its automotive insurance rate by 3 percent, effective July 9. The company’s 1.1 million Missouri auto policyholders will save an average of $26 per year, according to a news release.
“The company’s financial strength is allowing us to pass along rate savings to our Missouri customers," State Farm Senior Vice President Phillip Hawkins said in the release. “We continually evaluate how we can best serve our customers and are very pleased to be able to offer this rate decrease in Missouri.”
Bloomington, Illinois-based State Farm ranked 36th on this year’s Fortune 500 with annual revenue of $78.3 billion, a 2.9 percent increase from the previous year.
OMG Commerce relocated for the third time since opening eight years ago; The Spa Gallery opened; and The Wheelhouse rolled into its first brick-and-mortar operation.
Local entrepreneurs quickly surpass Kickstarter goal for ‘biggest, best blanket ever’
MEC complaint targets Councilwoman Fisk
White House aide removed after Melania Trump row
Stamps set for largest-ever price increase
Health care nonprofit founder chosen as 2018 Humanitarian
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