The United States' largest auto insurer hit some speed bumps last year. State Farm swung to an underwriting loss in its auto division in 2019, as premiums fell and incurred claims rose. Its overall annual profit slipped 36.4% from 2018, to $5.6 billion. The 98-year-old Illinois-based company still brought in $79.4 billion in revenue, down 2.9%. But this year, the pandemic-related lockdowns have largely kept Americans off the road—and that has meant fewer accident claims to pay out. So in April, State Farm joined other auto insurers in returning some that savings to policy holders. The company said it would give back $2 billion in auto-insurance premiums through customer credits.