The Farmers Insurance
Group of Companies is the country's
third-largest writer of both private passenger automobile and homeowners
insurance. We are highly rated by several independent organizations and
operate State Executive Offices and Business Service Centers covering 41
states.
Farmers Insurance Group of Companies
The Farmers Insurance Group of Companies was founded in 1928 when Farmers
Insurance Exchange, an automobile insurer, was formed. As customer demand
for additional insurance services increased, the Fire Insurance Exchange and
Truck Insurance Exchange were established for home and commercial insurance
needs. Today, the Farmers Insurance Group of Companies is the country's
third-largest writer of both private passenger automobile and homeowners
insurance.
Farmers Insurance Group of Companies is based in Los Angeles, Calif., and
operates in 41 states across the country through the efforts of
approximately 18,000 employees. Our agents, independent contractors and
independent agents, along with Farmers employees, are responsible for
servicing more than 15 million customers.
Farmers Group, Inc., is a provider of insurance management services and a
holding company. Acting under the dba Farmers Underwriters Association, and
with its wholly owned subsidiaries, Truck Underwriters Association and Fire
Underwriters Association, they act as the attorneys-in-fact for three
reciprocals or interinsurance exchanges — Farmers Insurance Exchange,
Truck Insurance Exchange and Fire Insurance Exchange. The management company
is not, however, an owner of these insurers. In addition, Farmers Group,
Inc., is a life insurance holding company of the Farmers New World Life
Insurance Company.
Farmers New World Life Insurance Company, headquartered in Mercer Island,
Wash., offers a wide range of products from a fully flexible universal life
product to traditional term and whole life plans and annuities marketed by
Farmers agents.
Independent Ratings
Three independent rating organizations — A.M. Best, Moody's Investors
Service and Standard & Poor's (S&P) — have rated us based on our
overall financial picture, the strength of our management, our financial
reserves, our types of policies and our claims-paying history. A.M. Best has
rated us an "A" (excellent). This reflects Farmers' improved
financial performance, strengthened capitalization and management's
strategic plans to maintain and enhance the group's strong competitive
market position. Standard & Poor's has rated us an "AA."
Moody's has rated us an Aa3 (excellent) based on our financial strength.
State Executive Offices and Business Service Centers
Farmers Insurance Group of Companies' operations are conducted in the
41-state territory by coordinating them through business service centers.
Reporting to these service centers are more than 200 claim offices.

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