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State Farm Underwriting Loss Climbs to $14B

A year after recording the largest underwriting loss in the company's 100-year history, State Farm eclipsed it in 2023. The underwriting loss figure

Topicsprofit lossunderwritingMark schwambergerAccident assurance companyFarm life insurance companyFarm mutual automobile insurance companyState farmSenior vice presidentChief financial officer mark schwambergerCarrier managementState farm mutual automobile insurance companyState farm life insurance companyState farm life

State Farm Mutual and subsidiaries receive downgraded outlooks

What's behind the companies' adverse forecasts?

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AM Best Tweaks State Farm Outlook to Negative After Weather, Regulatory Issues

The AM Best financial rating firm has downgraded its outlook for multiple State Farm insurance companies due to weather losses and regulations that the

Winter havenUnited statesFarm indemnity coAccident assurance coFarm county mutual insurance coCasualty coHiroad assurance coFarm florida insurance coFarm groupFarm mutual automobile insurance coState farmState farm mutual automobile insuranceState farm fireState farm county mutual insuranceState farm general insuranceState farm life insurance

AM Best Revises Outlooks to Negative for State Farm Mutual Automobile Insurance Company and Certain Subsidiaries

AM Best Revises Outlooks to Negative for State Farm Mutual Automobile Insurance Company and Certain Subsidiaries
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AM Best Revises Outlooks to Negative for State Farm Mutual Automobile Insurance Company and Certain Subsidiaries

AM Best Revises Outlooks to Negative for State Farm Mutual Automobile Insurance Company and Certain Subsidiaries
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