B
STATE FARM FIRE & CAS CO
Rating Date
December 2023
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
3.29
Risk Adjusted
Capital Ratio #2
2.08
Loss
Ratio
73.30%
Total
Assets
52.56B
Capital
23.76B
Net
Premiums
21.65B
Net
Income
1.43B
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Weiss Ratings STATE FARM FIRE & CAS CO
Bloomington, IL 		Click to
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Rating B
Capitalization Index 8.60
Investment Safety Index --
Liquidity Index 6.00
Profitability Index 6.00
Reserve Adequacy Index 5.70
Stability Index 5.10
Company Info STATE FARM FIRE & CAS CO
Bloomington, IL 		Click to
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Industry P&C
NAIC Number 25143
Phone Number (309) 766-2991
Website www.statefarm.com
Address One State Farm Plaza Bloomington, IL 61710
Balance Sheet STATE FARM FIRE & CAS CO
Bloomington, IL 		Click to
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Total Assets 52.56B
Capital and Reserves STATE FARM FIRE & CAS CO
Bloomington, IL 		Click to
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Risk-Adjusted Capital Ratio #1 3.29
Risk-Adjusted Capital Ratio #2 2.08
1-Year Reserve Development 0.70%
2-Year Reserve Development 5.60%
Capital 23.76B
Premium to Surplus 91.10%
Reserves to Surplus 43.60%
Investments STATE FARM FIRE & CAS CO
Bloomington, IL 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates 0.00%
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios STATE FARM FIRE & CAS CO
Bloomington, IL 		Click to
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Medical Loss Ratio --
Cash From Underwriting 103.30%
Combined Ratio 96.80%
Expense Ratio 23.50%
Loss Ratio 73.30%
Net Premium Growth 8.80%
Other Medical STATE FARM FIRE & CAS CO
Bloomington, IL 		Click to
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Bonus Pay --
Capitation Pay --
Contractual Pay --
Enrollment --
Fee For Service --
Medical Expense Per Member Per Month --
Network Physicians --
Other Pay --
Salary Pay --
Total Patient Encounters - Physician --
Total Patient Encounters-Non-Physician --
Profitability STATE FARM FIRE & CAS CO
Bloomington, IL 		Click to
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Net Income 1.43B
Net Premium 21.65B
Health Premium --
Weiss Ratings