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.
Planet Fitness franchisee PF Arkansas LLC opened its third Springfield club; Leggett & Platt completed a $1.3 billion acquisition; and New Covenant Academy started classes at its new Liberty Campus.
Jimmy Buffett eatery lands in Branson
Local attorneys honored for $20M judgment
State Farm cuts Missouri auto insurance rates
Payless to shutter its US stores
Former Evangel business chair joins Pure & Clean
Mercy brings newest retail urgent care center to life
Opinion: Accounting pros see industry future with voice-activated AI
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