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STATE FARM TO PAY REFUNDS ON AUTO INSURANCE PREMIUMS IN 19 STATES

 STATE FARM TO PAY REFUNDS ON AUTO INSURANCE PREMIUMS IN 19 STATES
 BLOOMINGTON, Ill., July 8 /PRNewswire/ -- State Farm Mutual will refund more than $169.3 million of its auto insurance customers' premiums in 19 states where claim costs were less than anticipated.
 The refunds will be paid or credited to customers' accounts over a six-month period beginning in mid-July. They are part of a dividend program under which State Farm has returned over $1.4 billion to its customers since 1971. The most-recent dividend was paid beginning in December 1991, when the company returned more than $198 million to customers in 12 states and one Canadian province.
 The size of each customer's dividend will vary from one jurisdiction to another. The percent of semi-annual premium to be refunded, the estimated total dollar amount that will be returned in each state, and the number of policies affected are:
 Alabama 13.2 percent $19.2 million 634,000 policies
 Idaho 7.9 percent 2.1 million 150,000 policies
 Iowa 2.5 percent 1.8 million 418,000 policies
 Kentucky 4.1 percent 4.7 million 499,000 policies
 Maryland 10.0 percent 17.5 million 556,000 policies
 Missouri 5.7 percent 12.1 million 935,000 policies
 New Hampshire 20.0 percent 3.3 million 55,000 policies
 New Mexico 4.1 percent 2.4 million 240,000 policies
 North Carolina 7.1 percent 10.7 million 461,000 policies
 North Dakota 6.8 percent 800,000 84,000 policies
 Ohio 11.1 percent 33.5 million 1,299,000 policies
 Oklahoma 2.8 percent 2.7 million 437,000 policies
 Oregon 7.5 percent 7.6 million 456,000 policies
 South Carolina 11.5 percent 18.8 million 704,000 policies
 Tennessee 7.3 percent 12.0 million 723,000 policies
 Virginia 6.3 percent 11.4 million 570,000 policies
 Washington 4.0 percent 5.2 million 508,000 policies
 Wisconsin 3.3 percent 2.9 million 430,000 policies
 Wyoming 3.5 percent $ 600,000 110,000 policies
 -0- 7/8/92
 /CONTACT: Bob Sasser of State Farm, 309-766-2625/ CO: State Farm Mutual ST: Illinois IN: INS SU:


GK -- NY062 -- 7560 07/08/92 16:20 EDT
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Publication:PR Newswire
Date:Jul 8, 1992
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