State Farm Losses 2024. The affected companies include state farm group. During the quarter, the group of companies reported a net underwriting loss of $4.35 billion, leading to a ~$5.7 billion underwriting loss for the first six month of.
A farmer bales a crop on an irrigated field in southwest kansas (kevin hardy/stateline). State farm is poised to see its highest homeowners direct incurred loss ratio in over 20 years, according to new analysis by s&p global.