State Farm underwriting losses widen to $6.5bn in 2017


The State Farm property/casualty (P&C) group of companies reported a combined underwriting loss of $6.5 billion in 2017 on earned premium of $63.9 billion, compared to an underwriting loss of $5.5 billion on earned premium of $61.7 billion in 2016.

State Farm, 2017 results, Insurance, Catastrophe losses, Underwriting loss, P&C, North America

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