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News
State Farm shells out $5 billion in dividends to auto customers
7+ hour, 49+ min ago (407+ words) State Farm is shelling out $5 billion in payments to its auto insurance customers. The Illinois-based insurer called it "the largest (dividend) in the company’s 100-plus-year history," per a news release. The payments, which were announced in late July, are being…...
Lawmakers target insurance fraud loopholes
6+ mon, 2+ week ago (556+ words) Rep. Roger Goodman, D-Kirkland, on Tuesday, Jan. 13, in Olympia. (Ken Lambert / The Seattle Times) Insurance fraud costs Washington consumers millions every year — and under current law, many sophisticated schemes can go unpunished. One example: a driver crashes a car, waits…...