Best's News

State Farm Swings to $5.3 Billion Annual Net Income as Underwriting Losses Narrow

State Farm swung to a $5.3 billion net income last year from a $6.3 billion net loss in 2023, helped by capital gains and a pretax operating loss that narrowed to millions from billions. . . .

-- This content requires registration --

Already registered?

Login

Not registered?

Register for free

Fires Multiple Line Insurers Homeowners Insurance Losses Mutual Insurers Claims Earnings Property And Casualty Insurers Life And Annuity Insurers Personal Automobile Insurance


Latest News

BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of MetLife, Inc. and Its Life/Health Subsidiaries
Apr 01, 2026 04:06 PM (EDT)
BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of Fidelis Insurance Holdings Limited and Its Subsidiaries
Apr 01, 2026 03:58 PM (EDT)
TORT REFORM
No-Fault Should Restore Alberta Auto Insurance Profitability, Consultancy Report Says
Apr 01, 2026 03:39 PM (EDT)
CONFERENCES
Weekly Calendar: AM Best’s Briefing on April 7 – Health Care: Have We Reached an Inflection Point?
Apr 01, 2026 03:09 PM (EDT)
ANTITRUST LITIGATION
Major Health Insurers Must Face Repricing Antitrust Lawsuit, Federal Court Rules
Apr 01, 2026 02:38 PM (EDT)

More from Best’s News


Trending

1
WAR RISK INSURANCE
Marine War Risk Coverage at Risk as Middle East Conflict Escalates
Mar 02, 2026 11:39 AM (EST)
2
STRATEGY
Zurich CEO: Global Specialty Prospects Ideal Amid Current Uncertainty
Nov 19, 2025 11:03 AM (EST)
3
OCEAN MARINE INSURANCE
LMA: London Market Coverage Remains Available for Strait of Hormuz Shipping
Mar 24, 2026 11:08 AM (EDT)
4
MERGERS AND ACQUISITIONS
AIG Closes on Convex, Onex Transactions
Feb 09, 2026 01:06 PM (EST)
5
ARTIFICIAL INTELLIGENCE
Nippon Life Sues OpenAI for Illegally Practicing Law in Dispute Over Settled Claim in Illinois
Mar 11, 2026 04:42 PM (EDT)

    

1
MERGERS AND ACQUISITIONS
AIG Closes on Convex, Onex Transactions
Feb 09, 2026 01:06 PM (EST)
2
BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of Korean Reinsurance Company
Dec 12, 2025 08:02 AM (EST)
3
STRATEGY
Zurich CEO: Global Specialty Prospects Ideal Amid Current Uncertainty
Nov 19, 2025 11:03 AM (EST)
4
BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of The Allstate Corporation and Its Core Subsidiaries
Aug 28, 2025 04:29 PM (EDT)
5
BEST'S CREDIT RATING ACTION
AM Best Revises Outlooks to Negative for Knight Insurance Company Ltd. and Its Affiliates
Apr 17, 2025 09:18 AM (EDT)
AM Best TV

More Related Company News

To Submit News go to - https://www.ambest.com/bestweek/submitnews.html