44 of 500
State Farm Insurance Cos.
44
Rank: 44
Previous rank: 43
CEO: Edward B. Rust Jr.
State Farm has suffered from a long string of natural disasters that have driven up its underwriting losses. The Bloomington, IL-based company is still dealing with the lasting effects of Hurricane Katrina in 2005, recently losing a federal court case involving claims related to the super-storm's aftermath. The company did manage to moderately increase sales 1.5% to $65. 2 billion. Its focus now: growing its customer base, particularly consumers in their 20s and 30s, who have flocked to the likes of Geico and Progressive.
Headquarters:
1 State Farm Plaza
Bloomington, IL. 61710
309-766-2311
Website:
www.statefarm.com
Network with State Farm Insurance Cos.
Key financials
$ millions
% change from 2011
Stockholder's equity
65,374.9
—
Market cap (on 3/29/2013)
N.A.
—
Earnings per share
2002-2012 annual growth rate %
N.A.
Total return to investors
%
2002-2012 annual rate
N.A.
Rank
Company
500 Rank
Revenues ($ millions)
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From the May 20, 2013 issue