State Farm is a mutual company that makes its primary focus its policyholders. Our more than55,000employees and more than 19,000 independent contractor agents service 83 million policies and accounts throughout the U.S. Learn more about our company profile
People also ask
How many employees does State Farm have in 2018?
State Farm has 92,110 employees across 6 locations and $81.73 B in annual revenue in Y 2018. See insights on State Farm including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft.
How many insurance accounts does State Farm have?
State Farm provides insurance and financial services products across over 84 million policies and accounts. Auto 鈥?The State Farm auto insurance business represented 62 percent of the P-C companies鈥?combined net written premium. Earned premium was $41.3.
How much did State Farm make in 2019?
Total revenue, which includes premium revenue, earned investment income and realized capital gains (losses) was $79.4for 2019 compared to $81.7 for 2018. State Farm reported net income of $5.6 billion in 2019, compared to $8.8 billion of net income in 2018.
Is a State Farm agent an employee or independent contractor?
I was curious as each agent is 1099 independent contractor working with State Farm. I helped build a State Farm office, so a State Farm agent is free to chime in, but the State Farm Agent or Agency Owner has an agreement with State Farm. They then hire team members as employees or 1099.