US Patent Issued to State Farm Mutual Automobile Insurance on Dec. 16 for "Systems and methods for generating insurance business plans" (Illinois Inventors)

ALEXANDRIA, Va., Dec. 16 -- United States Patent no. 12,499,402, issued on Dec. 16, was assigned to State Farm Mutual Automobile Insurance Co. (Bloomington, Ill.).

"Systems and methods for generating insurance business plans" was invented by Janis M. Reynolds (Bloomington, Ill.), Charles Totoro (Normal, Ill.), Angie M. Bellas (Bloomington, Ill.) and Nicholas Exner (Bloomington, Ill.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Techniques described herein relate to computer-implemented systems and methods for generating an insurance business plan. The method includes receiving an identification of an agent associated with the insurance business plan and a selection of a future time period for the insurance ...