Best's News

Best’s News & Research Service subscription required - February 27, 2023 04:57 PM (EST)

State Farm Posts $6.7 Billion Annual Net Loss as Incurred Auto Losses Climb Nearly 40%

State Farm recorded a $6.7 billion annual net loss, compared with a $1.3 billion net income in 2021, hit with record automobile insurance underwriting losses on rapidly rising claims severity and . . .

-- 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...


Receive emails featuring AM Best's news and research

Automobile Insurers Mutual Insurers Homeowners Policies Earnings Property And Casualty Insurers

Latest News

More from Best’s News


More Related Company News

To Submit News go to -