This article contains promotional content. (June 2020) |
Company type | Private[1] |
---|---|
Industry | Financial services |
Founded | 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) |
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 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.