State Farm Mutual Automobile Insurance Assigned Patent for Community-Based Cause of loss determination

ALEXANDRIA, Va., April 4 -- State Farm Mutual Automobile Insurance, Bloomington, Illinois, has been assigned a patent (No. 10,607,295, initially filed Jan. 2, 2018) by nine co-inventors for "systems and methods for community-based cause of loss determination." The co-inventors are Daryoush Hakimi-Boushehri, Bloomington, Illinois, Jackie O. Jordan II, Bloomington, Illinois, Shawn M. Call, Bloomington, Illinois, John H. Weekes, Bloomington, Illinois, Ronny S. Bryant, Bloomington, Illinois, Jennifer Criswell Kellett, Lincoln, Illinois, Todd Binion, Bloomington, Illinois, Elisabeth McDermeit, Bloomington, Illinois, and John Donovan, Bloomington, Illinois.

The full-text of the patent can be found at http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=10,607,295.PN.&OS=PN/10,607,295&RS=PN/10,607,295

The abstract states: "Methods and systems for determining a cause of loss to a property for damage associated with an insurance-related event based upon data received from a second property. A smart home (or other building) controller and/or an insurance provider remote processor may generate a time sequence of events for damage associated with an insure-related event. The smart home controller or remote processor may also receive a time-sequence of events generated by a smart home controller associated with a second property. The smart home controller or remote processor may compare the two time-sequences of events to determine causes of loss associated with damage to the property. The compared data may be further used to assign a portion of the overall damage to each cause of loss. Subsequently, the smart home controller or remote processor may automatically generate an insurance claim for damage to the property associated with the insurance-related event."

Written by Ajita Mishra; edited by Sudarshan Harpal.