State Farm

PATH Secures $30M in Funding, Forging a Path Forward as an Industry Leader in Sustainability and Culture

Retrieved on: 
Thursday, September 29, 2022

SILICON VALLEY, Calif., Sept. 29, 2022 /PRNewswire/ -- PATH, the leading sustainable bottled water brand in the United States, announced today its $30M Series A Funding which will fuel the company in its rapid expansion across the country and globally. The funding round is led by Altos Ventures alongside Blue Investment Group; HartBeat Ventures, Kevin Hart's venture fund; Ryan Seacrest; Guy Fieri; and Ninja, among others.

Key Points: 
  • That means by using a PATH refillable bottle, consumers can save an average of 156 plastic bottles annually.
  • [ 1 ] PATH is on a mission to eliminate 10 Billion plastic bottles going into landfills and oceans by 2025.
  • Since its launch in 2015, PATH has forged the path in the refillable packaging revolution, encouraging consumers to #refillit with their 100% refillable aluminum water bottles.
  • PATH is on a journey to bring the plastic crisis to the forefront, teaching others to protect the environment and provide options to reduce and reuse.

Featherstone Foundation Awards $90,000 in College Scholarships to 30 Exceptional Baltimore Area Students

Retrieved on: 
Friday, September 23, 2022

BALTIMORE, Sept. 23, 2022 /PRNewswire/ -- The William & Lanaea C. Featherstone Foundation , an award-winning nonprofit, touts its Featherstone College Scholarship Award recipients.

Key Points: 
  • BALTIMORE, Sept. 23, 2022 /PRNewswire/ -- The William & Lanaea C. Featherstone Foundation , an award-winning nonprofit, touts its Featherstone College Scholarship Award recipients.
  • This year, 30 exceptional Featherstone Scholars will receive $3,000 merit-based scholarships during a special awards ceremony on Friday Sept. 23 at noon.
  • "She reinforces our values that higher education is a gateway to economic opportunities for all," said Juliana Lopez, executive director, William & Lanaea C. Featherstone Foundation.
  • Since 2017, the Featherstone Foundation has provided more than $236,000 through 98 scholarships to students from 20 countries who now attend 12 institutions.

Iscoe Law Reveals Dangers of Toxic Chemical Exposure

Retrieved on: 
Friday, September 23, 2022

Exposure to polluted or contaminated materials come in the form of:

Key Points: 
  • Exposure to polluted or contaminated materials come in the form of:
    If you believe that the negligence of someone else or of an entity caused you or someone you love to be harmed by toxic chemical exposure, there are several important steps that you should take to help protect yourself and your toxic chemical exposure claim.
  • Since 1991, Gary T. Iscoe, a Trial Lawyer, has been dedicated to holding the powerful accountable for taking advantage of the powerless.
  • From representing clients in severe injury cases, wrongful death cases, class actions, and other lawsuits including medical malpractice, and product liability.
  • Iscoe Law offers a free initial consultation at one's home, office, hotel, or hospital.

iHeartMedia Expands Metaverse Footprint with the Launch of iHeartLand on Roblox, Where Everyone Can Be a Music Tycoon

Retrieved on: 
Wednesday, September 14, 2022

iHeartMedia today opened the gates to iHeartLand on Roblox , cementing itself as a go-to destination and pioneer in the rapidly-expanding metaverse.

Key Points: 
  • iHeartMedia today opened the gates to iHeartLand on Roblox , cementing itself as a go-to destination and pioneer in the rapidly-expanding metaverse.
  • iHeartLand is a one-of-a-kind place where gaming, live events, never-ending entertainment, music and the most popular talent converge to offer fans a premiere interactive experience.
  • State Farm Park, the epicenter of iHeartLand, will host a total of 20 cant-miss events in the next year.
  • In addition to the large-scale venue events throughout the year, iHeartLand will be an always-on destination for users to become music tycoons.

NBA All-Star Chris Paul and Gopuff Launch Flavor-Forward Plant-Based Brand, Good Eat’n

Retrieved on: 
Wednesday, September 14, 2022

Gopuff , the go-to platform for immediate delivery of consumers evolving everyday needs, today introduced Good Eatn , a new line of plant-based snacks, co-created with NBA All-Star and entrepreneur Chris Paul and exclusively available on the Gopuff app.

Key Points: 
  • Gopuff , the go-to platform for immediate delivery of consumers evolving everyday needs, today introduced Good Eatn , a new line of plant-based snacks, co-created with NBA All-Star and entrepreneur Chris Paul and exclusively available on the Gopuff app.
  • View the full release here: https://www.businesswire.com/news/home/20220914005053/en/
    Gopuff today introduced Good Eatn, a new line of plant-based snacks, co-created with NBA All-Star and entrepreneur Chris Paul and exclusively available on the Gopuff app.
  • Im thrilled to announce this new brand with Gopuff that makes plant-based snacks easily available with flavors that appeal to the masses.
  • Download the Gopuff app for iOS or Android now to shop Good Eatn and other products.

Vatom Partners with Komodo Technologies to Launch New Recording Capabilities for Web3 Experiences

Retrieved on: 
Monday, September 12, 2022

VENICE, Calif., Sept. 12, 2022 /PRNewswire/ -- Vatom, the leading, feature-complete Web3 platform, today announced the launch of new Web3 recording capabilities through its strategic partnership with Komodo Technologies, an innovator in asynchronous recording technology.

Key Points: 
  • VENICE, Calif., Sept. 12, 2022 /PRNewswire/ -- Vatom, the leading, feature-complete Web3 platform, today announced the launch of new Web3 recording capabilities through its strategic partnership with Komodo Technologies, an innovator in asynchronous recording technology.
  • "Komodo has used our Plug-in Developer Kit to build something new that fills a need in Web3 experiences, illuminating the limitless and innovative potential of our platform and Web3."
  • "Vatom is an innovative Web3 platform and we are excited to unite Komodo cloud recording technology to record events at scale," said Khanan Grauer, Komodo Technologies CEO.
  • About Vatom: Founded in 2015 by Eric Pulier, Vatom is a feature-complete platform that enables easy-to-use Web3 experiences.

AM Best Affirms Credit Ratings of State Farm Mutual Automobile Insurance Company and Its Subsidiaries

Retrieved on: 
Friday, September 9, 2022

AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of aa+ (Superior) of State Farm Mutual Automobile Insurance Company (State Farm Mutual) and its affiliates, State Farm Fire and Casualty Company and State Farm County Mutual Insurance Company of Texas (Richardson, TX), collectively referred to as State Farm Group.

Key Points: 
  • AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of aa+ (Superior) of State Farm Mutual Automobile Insurance Company (State Farm Mutual) and its affiliates, State Farm Fire and Casualty Company and State Farm County Mutual Insurance Company of Texas (Richardson, TX), collectively referred to as State Farm Group.
  • AM Best also has affirmed the FSR of A (Excellent) and the Long-Term ICR of a (Excellent) of State Farm General Insurance Company (State Farm General).
  • At the same time, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of a (Excellent) of State Farm Lloyds (Richardson, TX), HiRoad Assurance Company (HiRoad) and State Farm Indemnity Company (State Farm Indemnity).
  • In addition, AM Best has affirmed the FSR of A++ (Superior) and the Long-Term ICRs of aa+ (Superior) of State Farm Life Insurance Company and State Farm Life and Accident Assurance Company (together referred to as State Farm Life).

Jim DeVries Appointed to the ABM Board of Directors

Retrieved on: 
Thursday, September 8, 2022

BOCA RATON, Fla., Sept. 08, 2022 (GLOBE NEWSWIRE) -- Jim DeVries, ADT President and CEO, has joined the Board of Directors of ABM, a leading provider of integrated facility services and solutions.

Key Points: 
  • BOCA RATON, Fla., Sept. 08, 2022 (GLOBE NEWSWIRE) -- Jim DeVries, ADT President and CEO, has joined the Board of Directors of ABM, a leading provider of integrated facility services and solutions.
  • Jims board appointment, announced yesterday by ABM, brings deep organizational leadership experience in adjacent service industries acquired throughout his entire career.
  • It is my pleasure to join the ABM Board of Directors and be part of a company that has such an extraordinary commitment to customer service excellence, said Jim DeVries, ADT president and CEO.
  • In addition to his board seat at ABM, Jim sits on the boards of ADT Inc., and Amsted Industries Inc., a diversified global manufacturer of industrial components.

ADT Announces Partnership With State Farm, Plans Innovative Offering That Combines Security, Risk Mitigation and Smart Home Capabilities to Revolutionize the Customer Experience

Retrieved on: 
Tuesday, September 6, 2022

BOCA RATON, Fla., Sept. 06, 2022 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE: ADT), the most trusted brand in smart home and small business security, and State Farm, the 100-year good neighbor and largest insurer of homes in the U.S. with 13.7 million homeowners policies in force, today announced that State Farm will make a $1.2 billion equity investment in ADT, resulting in State Farm owning approximately 15% of ADT after the equity investment and the tender offer (described below) close. Additionally, ADT plans to partner with State Farm, and build upon its existing relationship with Google, with the aim to expand opportunities to combine next-generation security, innovative smart home technology and reimagined risk-mitigation capabilities to monitor, detect, prevent and optimize against homeownership risks.

Key Points: 
  • State Farm will commit up to $300 million to fund product and technology innovation, customer growth and marketing.
  • ADTs partnership with State Farm creates the capability to drive innovation in homeowners insurance on a broad scale.
  • By delivering a truly connected home, together we can improve the customer experience and provide more peace of mind, said Jim DeVries, ADT President and CEO.
  • ADT management will discuss the partnership and other related matters during a conference call and webcast beginning at 10:00 a.m.

State Farm® Partners with ADT to Innovate Home Insurance, Investing in Smart Home Technology and Helping Customers Prevent and Detect Losses

Retrieved on: 
Tuesday, September 6, 2022

"This partnership with ADT gives State Farm the opportunity to provide Smart Home technology that takes us from our 'repair and replace' model to a 'predict and prevent' mindset.

Key Points: 
  • "This partnership with ADT gives State Farm the opportunity to provide Smart Home technology that takes us from our 'repair and replace' model to a 'predict and prevent' mindset.
  • These innovations will help us take the next step into the future of home insurance and add more value for our customers."
  • Morgan Stanley & Co. LLC was the financial advisor to State Farm, and Sidley Austin LLP acted as legal advisor.
  • State Farm Mutual Automobile Insurance Company is the parent of the State Farm family of companies.