Farmers Insurance Group

Farmers Insurance Group
Company typePrivate[1]
IndustryFinancial services
Founded1928; 96 years ago (1928)
Los Angeles,[2] California, U.S.
FoundersJohn C. Tyler
Thomas E. Leavey
Headquarters,
U.S.
Area served
United States
Key people
Raul Vargas (CEO)
ServicesInsurance, other financial services
RevenueDecrease US$ 11.65 billion (2019)
US$ -70.5 million (2019)
Total assetsUS$ 17.02 billion (2019)
Total equityUS$ 4.1 billion (2019)
Number of employees
12,740 (2019)
ParentZurich Insurance Group
DivisionsFarmers Insurance
Foremost Insurance
Bristol West Insurance
21st Century Insurance
Farmers Life
Websitewww.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.

  1. ^ "Farmers Insurance Exchange | 2021 Fortune 500". Archived from the original on September 13, 2021. Retrieved September 13, 2021.
  2. ^ "About Farmers". Farmers Insurance Group. Archived from the original on November 4, 2008. Retrieved November 20, 2008.
  3. ^ 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.