State Farm is sending dividend payments to auto policyholders—why the email might look like spam

DENVER — If you insure your vehicle through State Farm, check your inbox — and maybe your spam folder.

The payout applies specifically to customers insured under State Farm’s mutual auto insurance company (State Farm Mutual Automobile Insurance Company). Because mutual insurance companies are owned by their policyholders rather than outside shareholders, members share directly in the profits when underwriting operations perform well...