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Farmers Insurance Group
Logo since 2013
Company type
Private[1]
Industry
Financial services
Founded
1928; 96 years ago (1928) Los Angeles,[2] California, U.S.
Founders
John C. Tyler Thomas E. Leavey
Headquarters
6301 Owensmouth Avenue Woodland Hills, Los Angeles, California
,
U.S.
Area served
United States
Key people
Raul Vargas (CEO)
Services
Insurance, other financial services
Revenue
US$ 11.65 billion (2019)
Net income
US$ -70.5 million (2019)
Total assets
US$ 17.02 billion (2019)
Total equity
US$ 4.1 billion (2019)
Number of employees
12,740 (2019)
Parent
Zurich Insurance Group
Divisions
Farmers Insurance Foremost Insurance Bristol West Insurance 21st Century Insurance Farmers Life
Website
www.farmers.com
Farmers Insurance Group (informally Farmers) is an American insurer group of vehicles, homes and small businesses and also provides other insurance and financial services products. Farmers Insurance has more than 48,000 exclusive and independent agents and approximately 21,000 employees. Farmers is the trade name for three reciprocal exchanges, Farmers, Fire, and Truck, each a managed by Farmers Group, Inc. as attorney-in-fact on behalf of their respective policyholders.[3] Farmers Group, Inc. is a wholly owned subsidiary of Swiss-based Zurich Insurance Group.
^"Farmers Insurance Exchange | 2021 Fortune 500". Archived from the original on September 13, 2021. Retrieved September 13, 2021.
^"About Farmers". Farmers Insurance Group. Archived from the original on November 4, 2008. Retrieved November 20, 2008.
^California Department of Insurance (June 28, 2019). "REPORT OF EXAMINATION OF THE FIRE INSURANCE EXCHANGE AS OF DECEMBER 31, 2017" (PDF). California Department of Insurance. Retrieved August 29, 2023.
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to sponsorship from State Express. In 1992, 555 (with Bentoel Group and Rothmans Group) sponsored the 1992 World Rally Championship season. In 1996 Star...