State Farm to pay a $5B dividend back to auto policyholders — here’s how to see if you qualify

Like a good neighbor…State Farm pays its dividends. If you had State Farm car insurance last year, you might have a payday on the horizon. For qualifying customers, the State Farm Mutual Automobile Insurance Company has begun distributing a one-time $5 billion dividend. The cash will be distributed across more than 49 million insured vehicles. … Read more

California insurers can charge single adults, widows higher rates after controversial court ruling

California insurers can charge single adults, widows higher rates after controversial court ruling

Californians who are divorced, widowed or single for any reason may be charged higher car insurance prices after a shocking court ruling. A California Court of Appeal upheld a state regulation Thursday that’s been in place since 1996 that permits auto insurers to use marital status as a factor in determining premiums for its “substantial … Read more

General Motors to pay out $12.75M after selling California driver data

General Motors to pay out .75M after selling California driver data

Are you a California driver who’s owned a General Motors vehicle — Chevrolet, GMC, Buick, Cadillac — in the last few years? Did you know your private driving habits might have been sold without your knowledge? Owing to this breach of privacy, California just hit General Motors with a record privacy penalty to the tune … Read more

Woman demands Geico pay her $1M after she gets STD in her partner’s car: lawsuit

Woman demands Geico pay her M after she gets STD in her partner’s car: lawsuit

A federal appeals court on Wednesday heard arguments over whether car insurance should pay out benefits to a woman who caught a sexually transmitted disease from a policyholder in his insured vehicle. In GEICO General Insurance Co. v. M.O., a Missouri woman, the titular M.O., claims that her partner, Martin Brauner, negligently infected her with … Read more

California homeowner reported buried Mercedes stolen in 1992, received $87K insurance payout: official

California homeowner reported buried Mercedes stolen in 1992, received K insurance payout: official

The former owner of a California manse where a Mercedes-Benz was discovered buried in the yard had reported the vehicle stolen — and received a hefty insurance payout — 30 years ago, according to a local paper.  Johnny Bocktune Lew, the man who built the $15 million estate on property along Stockbridge Avenue in Atherton, reported his Mercedes-Benz stolen in 1992, … Read more