State Farm Says U.S. Catastrophe Claims $5B

State Farm Mutual Automobile Insurance Co. said it has paid $5 billion this year to repair, rebuild and replace property damaged by flooding, tornadoes and wildfires in the U.S., in what it expects to be one of its busiest years. Policyholders have filed more than 970,000 catastrophe claims, the company said in a statement today. [...]