State Farm® Announces 2023 Financial Results
Feb 29, 2024 · State Farm reported a net loss of $6.3 billion in 2023 compared to a net loss of $6.7 billion in 2022. The State Farm insurance operations consist of fourteen P-C companies …
State Farm accused of funneling excess profits to parent as it …
Oct 28, 2024 · State Farm General, California’s largest home insurer, is being accused of boosting the profits of its parent company at the expense of state policyholders — while …
State Farm announces major insurance policy change affecting …
May 3, 2024 · State Farm, California's largest insurance provider, announced it would not renew insurance policies for approximately 72,000 homes and apartments in the state beginning this …
State Farm projects massive decline in policies in California as it ...
State Farm projects that its total policies in California could drop by more than a million over the next five years as it deals with financial instability.
State Farm Announces New CEO; Farney Succeeding Tipsord June 1
Mar 15, 2024 · The State Farm Mutual board of directors has selected President Jon Farney as the company’s next chief executive officer. Farney will succeed retiring CEO Michael Tipsord …
State Farm is closing its doors to millions of new customers
Nov 29, 2023 · In response to this and other factors, major insurer State Farm has announced that it will no longer offer homeowner’s insurance to new applicants in fire-prone California. …
State Farm - Good Neighbor Stories
State Farm stands prepared and ready to respond to Hurricane Francine. Our State Farm Catastrophe Team® members are deploying to the Gulf Coast to stage for strategic response …
Media - State Farm
Connect with State Farm media and community contacts for your neighborhood. Newly released data shows the odds of U.S. drivers hitting an animal are 1 in 128. Safe Kids Worldwide® and …
State Farm sees leadership change as Michael Tipsord resigns as ...
Oct 24, 2024 · Former State Farm CEO Michael Tipsord has stepped down from his role as chairman of the board at the insurance giant, company officials have confirmed. Tipsord …
State Farm News | Latest News - NewsNow
Latest news on State Farm, one of the largest and most recognized insurance companies in the United States, covering breaking news on insurance policies, corporate announcements, …