CONTRACTAPPROVED

Town of Iowa Awards $600,000 Insurance Settlement Contract to State Farm Insurance (April 2024)

Disclosed value: $600,000.00; From meeting minutes
Approved: Apr 8, 2024

What it covers

Approval to accept offer from State Farm Insurance for damages from Hurricane Laura. The offered amount is $600,000.00, against claims of approximately $829,681.51 as assessed, and $378,588.14 under mediation.

Who holds it

State Farm Insurance holds this insurance settlement contract with Town of Iowa. Its other public contracts on record include work for Town of New Trier and Morris Hills Regional School District.

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Contract details

Contract type: Insurance Settlement
Amount: $600,000.00
Document date: April 8, 2024
Term: NA
Vendor: State Farm Insurance
Agency: Town of Iowa
Source document: town-of-iowa-meeting-minutes-2024-04-08_fdb.pdf (Meeting Minutes)

State Farm Insurance's other public contracts

Town of New Trier, IllinoisTownship Records State Farm Assistance Payment · Oct 11, 2026$510.2 Morris Hills Regional School District, New JerseyState Farm Insurance CTE Presentation Approved · Sep 28, 2026Undisclosed Morris Hills Regional School District, New JerseyDistrict Approves State Farm CTE Presentation · Sep 27, 2026Undisclosed Lewisburg village, OhioLewisburg Authorizes Settlement Negotiations With State Farm · Sep 3, 2026Undisclosed Brooktrails Township Community Services District, CaliforniaAdministrative Insurance Premiums Paid to State Farm · Aug 25, 2026$1K All State Farm Insurance contractsVendor profile

More Town of Iowa contracts

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Questions about this contract

Who was awarded the insurance settlement contract by Town of Iowa?

State Farm Insurance was awarded this insurance settlement contract by Town of Iowa, as recorded on April 8, 2024. The contract value is $600,000.00.

How much is the State Farm Insurance contract with Town of Iowa worth?

The State Farm Insurance contract with Town of Iowa is valued at $600,000.00, covering insurance settlement work.

What type of contract is this?

This is a Insurance Settlement contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in town-of-iowa-meeting-minutes-2024-04-08_fdb.pdf (Meeting Minutes), dated April 8, 2024 from Town of Iowa. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does State Farm Insurance hold?

State Farm Insurance may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Town of Iowa currently buying?

Explore Town of Iowa's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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