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1 through 20 of 46 matching documents, newest pages first.   Sort by relevance

State Farm Changing Agent Terms, Benefits While Investing in 'Human Plus Digital' Approach
State Farm agents to assist in finding coverage." Technology, including artificial intelligence, is playing a bigger role at State Farm and across the industry. "Many customers ...
Source: BestWire   Date: May 29, 2026
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State Farm Annual Net Income Doubles as Auto Swung to Underwriting Profit
State Farm Life Insurance Co. and State Farm Life and Accident Assurance Co.'s net income increased to $2.1 billion from $1.7 billion on $1.22 trillion of individual life insurance ...
Source: BestWire   Date: February 26, 2026
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AM Best Downgrades Credit Ratings of State Farm Mutual Automobile Insurance Company and Affiliates, Takes Various Credit Rating Actions on Subsidiaries
Farm Life Group (State Farm Life). The outlook of these Credit Ratings (ratings) has been revised to stable from negative. AM Best has also taken ratings actions on separate ...
Source: BestWire   Date: November 14, 2025
State Farm Swings to $5.3 Billion Annual Net Income as Underwriting Losses Narrow
Los Angeles wildfires in January. State Farm released its annual results two days after Schwamberger met with California Insurance Commissioner Ricardo Lara and others at a meeting ...
Source: BestWire   Date: February 28, 2025
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AM Best Affirms Credit Ratings of State Farm Mutual Automobile Insurance Company and Core Subsidiaries
...Winter Haven, FL) and MGA Insurance Company, Inc. (MGA) (Dallas, TX). Concurrently, AM Best has affirmed the FSR of A++ (Superior) and the Long-Term ICRs of "aa+" (Superior) of ...
Source: BestWire   Date: October 18, 2024
State Farm Annual Net Loss Narrows to $6.3 Billion on Claims Severity, Cats
Financial Officer Mark Schwamberger said in a statement. The underwriting loss for auto narrowed to $9.7 billion compared with a $13.4 billion underwriting loss in 2022. Net income ...
Source: BestWire   Date: February 29, 2024
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Best’s News: AM Best Says Title Insurers Post Solid Results Amid Volatile Landscape
Report that is discussed in this week's Best's News. Also this week: - State Farm recorded a $6.7 billion annual net loss, compared with a $1.3 billion net income in 2021, hit with ...
Source: BestWire   Date: March 3, 2023
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AM Best Affirms Credit Ratings of State Farm Mutual Automobile Insurance Company; Takes Various Rating Actions on Subsidiaries
Mutual Insurance Company of Texas (Richardson, TX). In addition, AM Best has affirmed the FSR of A- (Excellent) and the Long-Term ICR of "a-" of HiRoad Assurance Company (HiRoad). ...
Source: BestWire   Date: July 24, 2019
State Farm Agents to Offer Jackson National Life Annuities
State Farm agents will sell select Jackson National Life Insurance Co. annuity products as part of a new marketing alliance between the two insurers. Beginning in the second half ...
Source: BestWire   Date: October 4, 2018
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A.M. Best Affirms Credit Ratings of State Farm Mutual Automobile Insurance Company and Its Subsidiaries
Farm County Mutual Insurance Company of Texas (Richardson, TX). In addition, A.M. Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of "a+" of State Farm General ...
Source: BestWire   Date: July 12, 2018
A.M. Best Affirms Credit Ratings of State Farm Life Insurance Company and State Farm Life and Accident Assurance Company
Ratings (ratings) is stable. Both companies are domiciled in Bloomington, IL. The ratings of State Farm Life reflect its prominent role within the State Farm Group (State Farm), ...
Source: BestWire   Date: August 11, 2017
A.M. Best Upgrades ICR of State Farm General; Affirms Ratings of State Farm Mutual, Its Subsidiaries and Affiliate
General Insurance Company (State Farm General). The outlook for the ICR has been revised to stable from positive, while the outlook for the FSR is stable. In addition, A.M. Best ...
Source: BestWire   Date: May 30, 2014
BestWeek: Allstate Rethinks Distribution, Underwriting to Gain Share of US Personal Lines Market
After more than a decade of owning the two biggest shares of the U.S. personal lines market, the gap is widening between State Farm and Allstate Insurance, according to the most ...
Source: BestWire   Date: October 21, 2011
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Bestweek: Combined Ratio for P/C Writers Tips 100 Mark in First Quarter
The combined ratio for the total U.S. property/casualty sector hovered above the 100 mark in the first quarter of 2009, according to an A.M. Best Co. Statistical Study in the ...
Source: BestWire   Date: June 12, 2009
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State Farm Suspends Sales of Phoenix's Life Insurance, Annuities
State Farm Mutual Automobile Insurance Co. has told Phoenix Cos. that it will suspend sales of Phoenix's life insurance and variable annuity products because of downgrades by ...
Source: BestWire   Date: March 4, 2009
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N.J. Man Pleads Guilty to Reporting Son Dead in Order to Collect Insurance
Office of Attorney General. At the courthouse, Myers admitted that he submitted a fraudulent claim to State Farm Insurance Co. Myers told the insurer his son had died after having ...
Source: BestWire   Date: December 17, 2008
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Daybook for Thursday, Oct. 2, 2008: In Metro D.C., XL Capital Launches 'Congress'
Colin Powell is among the conference's scheduled speakers. A.M. Best's daily daybook is available in expanded form for online viewing at http://www.ambest.com/daybook. - The ...
Source: BestWire   Date: October 1, 2008
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Florida Regulators Deny State Farm's Rate Increase Request
October remains in effect. State Farm originally applied for a 7% decrease (BestWire, Oct. 2, 2007). The agreement to lower rates came after the insurer informed the OIR in July ...
Source: BestWire   Date: August 26, 2008
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Billion-Dollar Estimates Continue to Roll in for California Wildfires
Risk Management Solutions (BestWire, Oct. 25, 2007). California's Office of Emergency Services estimates 23 wildfires have scorched more than 517,000 acres of land and destroyed ...
Source: BestWire   Date: October 29, 2007
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Transcript: Jon Swallen of TNS Media Intelligence on the Continuing Surge in Insurance Advertising
Think you've seen an increase in insurance ads on television? That's no illusion. Spending by top insurers on advertising and marketing has been rising sharply, according to Jon ...
Source: BestWire   Date: October 4, 2007
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