STATE FARM FIRE & CAS CO
Major Rating Factors:
History of adequate reserve strength (5.9 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Good overall profitability index (5.6) despite operating losses during 2020. Return on equity has been fair, averaging 5.8% over the past five years.
Other Rating Factors:
Good liquidity (5.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair overall results on stability tests (4.9). Strong long-term capitalization index (8.5) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (75.4%), personal/comm auto (7.9%), comm multi (6.0%), farmowners (1.2%), work comp (1.1%), other (8.3%)
Licensed in:
All states except PR
Principal Investments:
Investment grade bonds (76.6%), common stock (22.2%), other (1.2%)
Corporate Info
Group Affiliation
State Farm Group
Investment Rating
--
Company Address
One State Farm Plaza
Bloomington, IL 61710
Bloomington, IL 61710
Phone Number
(309) 766-2311
NAIC Number
25143
Website
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