State Farm F&C Co
Major Rating Factors:
Fair reserve development (4.4 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair profitability index (3.5) with operating losses during 2020, 2023 and 2024. Average return on equity over the last five years has been poor at -2.8%. Strong long-term capitalization index (7.9) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Excellent liquidity (7.2) with ample operational cash flow and liquid investments. Excellent overall results on stability tests (8.1). Stability strengths include good operational trends and excellent risk diversification.
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
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%)
Corporate Info
Group Affiliation
State Farm Mutual Automobile Ins Co
Investment Rating
--
Company Address
1 State Farm Plaza
Bloomington, IL 61710
Bloomington, IL 61710
Phone Number
(309) 766-6341
NAIC Number
25143
Website
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