Fortune 500 2009: Top 1000 American Companies - State Farm Insurance Cos. (original) (raw)
31. State Farm Insurance Cos.
Rank: 31 (Previous rank: 32) Compare tool: State Farm Insurance Cos. vs. Top 10 CEO: Edward B. Rust Jr. Address: 1 State Farm Plaza Bloomington, IL 61710 Phone: 309-766-2311 Website: www.statefarm.com The insurance company is known for its tagline: "Like a good neighbor, State Farm is there." That may no longer be true for Florida homeowners. In December, State Farm filed to exit the homeowners market there, but so far still has one million homeowner policies in effect. As the largest personal lines insurer in the U.S. (through its property, life and health policies), State Farm covers about one in five households. The company has weathered the financial meltdown better than some of its peers and, according to Moody's Investors Service, has no exposure to subprime securities. --Suzanne Kapner | |||
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$ millions % change from 2007 Revenues 61,343.4 -0.4 Profits -541.8 -109.9 Assets 172,092.2 — Stockholders' equity 53,287.4 — Market value (3/27/2009) N.A. — Profits as % of Revenues -0.9 Assets -0.3 Stockholders' equity -1.0 Earnings per share 2008 $ N.A. % change from 2007 N.A. 1998-2008 annual growth rate % N.A. Total return to investors % 2008 N.A. 1998-2008 annual rate N.A. Industry: Insurance: Property and Casualty (mutual) Rank Company 500rank Revenues($ millions) 1 State Farm Insurance Cos. 31 61,343.4 2 Auto-Owners Insurance 476 4,951.8 3 Country Ins. & Financial Services 668 3,155.1 4 Sentry Insurance Group 934 1,879.6 See allMore competitors Issue date: May 4, 2009 | See State Farm Insurance Cos. in... ...Featured Companies ...Top 50 Headquarters Show: Top 50 | 25 Most Profitable | Fortune 500 | State Farm Insurance Cos. They speak out on Exxon Mobil and other 500 companies... National average for taxes on Gasoline is 47.7 cents per gallon. ht... After the sound. In the air, with the voice of a clarinet, I he... I just don't understand how the oil companies can make so much in p... Have your say |
FAQ and methodology
Included in the survey are U.S. incorporated companies filing financial statements with a government agency. This includes private companies... More