|Registry:||State Farm Mutual Automobile Insurance Company|
|Priority #:||1082 - State Farm Mutual Automobile Insurance Company|
|Parked Domain %:||23.53 %|
|Delegation:||25 December 2015|
.statefarm is a Brand TLD delegated in ICANN's New gTLD Program. State Farm Mutual Automobile Insurance Company's application succeeded and the TLD was delegated to the Root Zone on 24 December 2015. .
The following is excerpted from the applicant's response to question #18:
"As we believe that the development and implementation of one or more business cases could likely take a couple of months or even years, we have only focused on a number of high-level characteristics of our plans in relation to the operation of the .STATEFARM gTLD.
By all means, it is in State Farm’s vested interest to, on the one hand, make the most of this initiative, promote its own business interests, and mitigate risks for its brand and brand reputation, whilst also reducing the (social) costs for others.
In this context, we will devise policies that encompass and comprise the following features:
At least during the initial months or even years following the delegation of the .STATEFARM gTLD to State Farm, this extension is likely going to be a so-called “single registrant TLD” as contemplated by ICANN in Article 4.5 of the template Registry Operator Agreement (“Transition of Registry upon Termination of Agreement”). For the avoidance of doubt, a “single registrant TLD” is a TLD where “(i) all domain name registrations in the TLD are registered to, and maintained by, Registry Operator for its own exclusive use, and (ii) Registry Operator does not sell, distribute or transfer control or use of any registrations in the TLD to any third party that is not an Affiliate of Registry Operator.”
Therefore, parties who are not State Farm or – insofar and to the extent State Farm deems appropriate – an Affiliate will not be entitled to register domain names in the .STATEFARM gTLD."