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Crain’s annual list of the Chicago area’s largest privately held companies is built using data submitted by companies, figures reported in other publications, and rankings estimated by Crain’s reporting staff using public information, market research, insider contacts, and other strategies and sources as needed.
It s data you won t find anywhere else and the next iteration is due to publish April 19.
Until then, here s a look at the 2020 list, which was topped by State Farm Mutual Automobile Insurance Co., not just in terms of revenues but also by headcount, boasting approximately 58,000 full-time employees across the nation.
To learn more about State Farm as well as the rest of the 2020 Privately Held Companies list, join Crain’s as a Data Member and head over to the Data Center. There, you can download the complete list in PDF or Excel form. Our Excel version also includes data from Chicago-area companies with revenues over $50 million and C-suite contact infor
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Progressive Corp. s reaction to the start of the COVID-19 pandemic in the U.S. led to it recording the highest number of approved rate decreases among the top four personal auto insurers in 2020, according to an S&P Global Market Intelligence analysis.
Regulators signed off on 195 rate cuts for Progressive and its subsidiaries last year. Allstate Corp. had 120 rate reductions, State Farm Mutual Automobile Insurance Co. had 30 and Berkshire Hathaway Inc. s GEICO Corp. had 25.