STATE FARM FIRE & CAS CO
Major Rating Factors:
History of adequate reserve strength (5.7 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Good overall profitability index (6.0) despite operating losses during 2020. Return on equity has been low, averaging 3.7% over the past five years.
Other Rating Factors:
Good liquidity (6.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (5.1) despite weak results on operational trends. Strong long-term capitalization index (8.6) 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 (74.1%), personal/comm auto (9.6%), comm multi (6.2%), work comp (1.2%), farmowners (1.2%), other (7.8%)
Licensed in:
All states except PR
Principal Investments:
Investment grade bonds (71.8%), common stock (25.5%), other (2.7%)
Corporate Info
Group Affiliation
State Farm Group
Investment Rating
--
Company Address
One State Farm Plaza
Bloomington, IL 61710
Bloomington, IL 61710
Phone Number
(414) 369-5033
NAIC Number
25143
Website
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