The Institutes

State Farm Suffers $7B Auto Underwriting Loss, Profits Decline 94%

 Friday, March 3, 2017

State Farm Mutual Automobile Insurance Co., the largest U.S. property/casualty insurer, said annual profit fell 94 percent on car insurance claims costs. Net income dropped to $400 million from $6.2 billion in 2015, when results included one-time gains in the stock portfolio tied to pharmaceutical deals, the Bloomington, Illinois-based company said Tuesday in a statement. The underwriting loss from auto insurance widened to $7 billion from $4.4 billion.

Woman Awarded $40K In State Farm Bad-Faith Lawsuit

 Tuesday, December 20, 2016

 Repairer Driven News

U.S. Deer-Vehicle Collisions Fall 7 Percent

 Monday, October 7, 2013

 State Farm

Taxpayers Turn U.S. Farmers Into Fat Cats With Subsidies

 Monday, September 9, 2013


Allstate, State Farm Workers Arrested For Roles In Auto Fraud

 Tuesday, October 12, 2010

 National Underwriter Property & Casualty