S&P Global revises Farmers outlook to negative amid personal auto challenges
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

S&P Global revises Farmers outlook to negative amid personal auto challenges

Kyoung-son Song
February 27, 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Farmers Insurance logo aon their headquarters building in Woodland Hills, CA, USA.

S&P Global Ratings has revised its outlook on Farmers Insurance Exchange and its core subsidiaries to negative from stable, citing headwinds in the personal auto, which accounts for more than 50% of its underwriting business.

The ratings agency affirmed its “A” issuer credit and financial strength ratings on Farmers and its core operating subsidiaries.

The

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Log in now

Topics

NewsFarmers InsurancePersonal auto
headshot template (23).png
Kyoung-son Song
Senior Reporter
Contact
Gift this article