Springfield, MO

Log in Subscribe

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]]


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

Open for Business: The Dress

New owners are in place at The Dress; Shaun Massey, Neil Brock and Jeremy Atchley joined forces start Midwest Supply; and Croley Insurance and Financial Inc. purchased HealthPointe Insurance Solutions LLC.

Most Read