B
State Farm F&C Co
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Good liquidity (5.5 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair reserve development (4.4) as reserves have generally been sufficient to cover claims. Fair profitability index (3.5) with operating losses during 2020, 2023 and 2024.
Other Rating Factors: Strong long-term capitalization index (7.7) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent overall results on stability tests (8.0). Stability strengths include good operational trends and excellent risk diversification.
Stability Factors: L - Past results on our liquidity tests.
Principal Lines of Business: Homeowners (71.9%), personal/comm auto (12.3%), comm multi (6.6%), farmowners (1.0%), work comp (0.9%), other (7.4%)
Licensed in: All states
Principal Investments: Investment grade bonds (71.4%), common stock (27.5%), other (1.1%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
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Corporate Info
Group Affiliation
State Farm Mutual Automobile Ins Co
Investment Rating
--
Company Address
1 State Farm Plaza
Bloomington, IL 61710
Phone Number
(309) 766-6341
NAIC Number
25143
Largest Affiliates
A
Bloomington, IL - P&C
A
Bloomington, IL - L&A
B
Bloomington, IL - P&C
A
Richardson, TX - P&C
A
Bloomington, IL - P&C