US Patent Issued to State Farm Mutual Automobile Insurance on Sept. 23 for "Predictive analytics for assessing property using external data" (Arizona, Illinois Inventors)

ALEXANDRIA, Va., Sept. 23 -- United States Patent no. 12,423,754, issued on Sept. 23, was assigned to State Farm Mutual Automobile Insurance Co. (Bloomington, Ill.).

"Predictive analytics for assessing property using external data" was invented by Rebecca A. Little (Mesa, Ariz.), Bryan R. Nussbaum (Bloomington, Ill.), Deanna L. Stockweather (Normal, Ill.), Nathan C. Summers (Mesa, Ariz.), An Ho (Phoenix) and Vicki King (Bloomington, Ill.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Methods and systems for assessing property based on predictive analytics techniques that use external data are described herein. A server may identify a reference set of information for a reference property evaluated with a refe...