Peoria Public Radio Staff
Fri February 28, 2014
State Farm praises 2013 financial results
A company spokesman says net income of $5.2 billion was up by 40% from the previous year. And the spokesman says State Farm also saw an underwriting gain of $230 million.
State Farm indicates last year was also a relatively mild year for catastrophe claims. No single disaster made the top 25 list and the company says claims were in line with expectations