State Farm experiences premium growth while reporting underwriting losses in 2023

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Reinsurance News - Mar 05, 2024

Auto and homeowners insurer State Farm has announced its 2023 financial results, reporting earned premium of $87.6 billion and a combined underwriting loss of $14.1 billion across its P&C group of companies. This result compared to an underwriting loss of $13.2 billion on earned premium of $74.3...

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