B
State Farm Florida Ins Co
Rating Date
November 2024
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.90
Risk Adjusted
Capital Ratio #2
1.40
Loss
Ratio
63.32%
Total
Assets
2.65B
Capital
885.09M
Net
Premiums
1.07B
Net
Income
101.33M
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Weiss Ratings State Farm Florida Ins Co
Tallahassee, FL 		Click to
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Rating B
Capitalization Index 7.60
Investment Safety Index --
Liquidity Index 6.90
Profitability Index 3.50
Reserve Adequacy Index 2.80
Stability Index 7.70
Company Info State Farm Florida Ins Co
Tallahassee, FL 		Click to
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Industry P&C
NAIC Number 10739
Phone Number (850) 577-5600
Website www.statefarm.com
Address 215 South Monroe Street Tallahassee, FL 32301
Balance Sheet State Farm Florida Ins Co
Tallahassee, FL 		Click to
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Total Assets 2.65B
Capital and Reserves State Farm Florida Ins Co
Tallahassee, FL 		Click to
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Risk-Adjusted Capital Ratio #1 1.90
Risk-Adjusted Capital Ratio #2 1.40
1-Year Reserve Development 2,280.00%
2-Year Reserve Development 2,400.00%
Capital 885.09M
Premium to Surplus 130.00%
Reserves to Surplus 70.00%
Investments State Farm Florida Ins Co
Tallahassee, FL 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates --
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios State Farm Florida Ins Co
Tallahassee, FL 		Click to
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Medical Loss Ratio --
Cash From Underwriting 110.00%
Combined Ratio 90.00%
Expense Ratio 30.00%
Loss Ratio 63.32%
Net Premium Growth 20.00%
Other Medical State Farm Florida Ins Co
Tallahassee, FL 		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 Florida Ins Co
Tallahassee, FL 		Click to
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Net Income 101.33M
Net Premium 1.07B
Health Premium --
Weiss Ratings