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State Farm to Pay Dividend of About $15 Per Vehicle

Feb 28, 2007 Mar. 1--State Farm Mutual Automobile Insurance Co. said it will pay its Michigan policyholders an annual dividend totaling $18.8 million. The Portage-based auto insurer said Michigan policyholders will get 3.4% of their semi-annual premium. The company, which is also the largest insurer of autos in the country with policyholders in 46 states and the District of Columbia, also said the average dividend per vehicle will be about $15 in Michigan.....

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