State Farm Mutual Automobile Insurance is announcing up to a $2 billion dividend that will go to its auto insurance customers.
State Farm is allocating $2 Million to COVID-19 relief efforts. In addition, State Farm has donated masks to local hospitals and has offered parking lots for testing and telehealth. The company also announced an Employee Assistance Fund and a Matching Gift program. The following donations will be made on State Farm's behalf:
- $1 Million to Illinois COVID-19 Relief Fund
- $500,000 to Feeding America
- $300,000 to the Employee Assistance Fund
- $200,000 to the Red Cross