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- State Farm® announces 2022 financial results
State Farm reported a net loss of $6 7 billion in 2022 compared to $1 3 billion of net income in 2021 The State Farm insurance operations consist of thirteen P-C companies and two life companies, each of which is managed on an individual affiliate level
- Annual Report - State Farm
State Farm Annual Report summaries can be found here Full reports may be requested from State Farm Public Affairs
- State Farm hit with record $13. 2 billion underwriting loss in 2022
That $13 2 billion in underwriting losses was the highest ever – almost three times more than what State Farm experienced in 2021 (-$4 7 billion) That helped drive State Farm’s operating loss to $8 3 billion for its property-casualty companies in 2022 – after losing $313 million the year prior
- State Farm reports underwriting losses, despite auto lines . . .
State Farm’s property and casualty (P C) group of companies had an underwriting loss of $14 1 billion for 2023, compared to a $13 2 billion loss in 2022, according to a company press release
- State Farm 2022 Impact Report
In 2022, we provided grants to four cities focused on sustainability and the environment Together, we have reduced our GHG emissions by 46 1% since 2019, propelling us closer to our goal of reducing emissions 50% by 2030 Last year, we welcomed 16,000 employees and appointed more than 700 agents
- State Farm reports $14. 1 billion P C underwriting loss - Coverager
In 2022, State Farm reported an underwriting loss of $13 2 billion on earned premium of $74 3 billion The insurer’s auto business recorded an underwriting loss of $9 7 billion, compared to a $13 4 billion underwriting loss in 2022
- State Farm announced 2022 financial results | CIProud. com
State Farm life insurance companies paid out nearly $600 million in dividends to policyholders and issued $110 billion in new policy volume While 2022 was a year of significant growth at
- State Farm 2024 Underwriting Losses Shrink on Auto Results
After reporting underwriting losses of $13 billion in 2022 and $14 billion in 2023, State Farm recorded another underwriting loss for 2024—but narrowed it thanks to its auto insurance results
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