YOUR BUSINESS AUTHORITY

Springfield, MO

State Farm suffers worst car insurance losses ever

Posted online
In 2016, State Farm Insurance lost more money insuring cars than it ever has in its 95-year history.

In total, the losses came to $7 billion.

The latest amount was 63 percent higher than $4.4 billion in auto underwriting losses in 2015.

Read more from Crain's Chicago Business.

[[In-content Ad]]

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick

Day in the Life with Matt Morrow

SBJ shadows the Springfield chamber president.

Most Read