Best's News



Best’s News & Research Service subscription required - February 28, 2025 04:11 PM (EST)

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 a subscription --

Already a Subscriber?

Log in  Register your purchase

Not a Subscriber?

Best's News & Research Service

A subscription includes:

  • BestDay
  • Best's News
  • Best's Review
  • Best's Research
  • Best's Special Reports & Commentaries
  • Best's Rankings
  • and more...

Subscribe

Receive emails featuring AM Best's news and research
Opt-in

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


Latest News

PEOPLE IN INSURANCE
Acrisure London Wholesale Names Head of Construction
Mar 02, 2026 04:47 PM (EST)

PEOPLE IN INSURANCE
Liberty Appoints Hong Kong Chief Executive
Mar 02, 2026 04:39 PM (EST)

PEOPLE IN INSURANCE
HDI Global UK and Ireland Appoints Head of Energy and Power
Mar 02, 2026 04:33 PM (EST)

MANAGING GENERAL AGENT
MGA Rokstone Launches US Casualty Division for Autonomous and Electric Vehicles
Mar 02, 2026 04:21 PM (EST)

MANAGING GENERAL AGENT
White Mountains Makes $125 Million Investment in MGA Bishop Street Underwriters
Mar 02, 2026 04:13 PM (EST)

More from Best’s News


Trending


2

3
LIFE REINSURANCE
F&G Sells Bermuda Life Reinsurer in $300 Million Deal
Feb 23, 2026 10:43 AM (EST)

4
DUAE (DELEGATED UNDERWRITING AUTHORITY ENTERPRISES)
M&A Exec: US Companies Seeking Europe Growth Acquiring UK MGAs
Feb 23, 2026 11:38 AM (EST)

5
MERGERS AND ACQUISITIONS
Sompo Gains Regulatory Approval for $3.5 Billion Aspen Acquisition
Feb 20, 2026 11:52 AM (EST)


    


2
BEST'S RANKINGS
Best's Rankings: US Property/Casualty 2024 DPW by Line Rises 9.5%
Jun 06, 2025 10:16 AM (EDT)

3

4

5
BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of The Progressive Corporation and Its Subsidiaries
Apr 03, 2025 10:44 AM (EDT)

AM Best TV

More Related Company News

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