Crain's Reports State Farm Suffers Worst Car Insurance Losses Ever

By: William Forbes

Take a read of this recent article published by Crain's Chicago Business, titled, "State Farm suffers worst car insurance losses ever."

The article touches on a trend we are seeing across the insurance industry. Reported claims are on the rise, and this results in higher insurance rates for all of us. In addition, the article makes a good point that State Farm's losses are a clear sign of how distracted driving is impacting insurance companies.

Erie stands out as one of the few companies that's been able to keep its rates level over the years.

Full link to article: http://www.chicagobusiness.com/article/20170228/NEWS07/170229881/state-farm-suffers-worst-car-insurance-losses-ever