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State Farm suffers worst car insurance losses ever

Posted online March 2, 2017 | 12:17 pm

In 2016, State Farm Insurance lost more money insuring cars than it ever has in its 95-year history.

In total, the losses came to $7 billion.

The latest amount was 63 percent higher than $4.4 billion in auto underwriting losses in 2015.

Read more from Crain's Chicago Business.

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