State Farm hit by $7bn in auto losses for 2016
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

State Farm hit by $7bn in auto losses for 2016

Dan Ascher
28 February 2017
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email

US mutual giant State Farm was pushed to a $5.5bn underwriting loss in 2016 after claims and expenses from its auto book outstripped premiums by $7bn.

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News
DA
Dan Ascher
Gift this article