October 01, 2014 8:02 AM ET

Insurance

Company Overview of Farmers Group, Inc.

Company Overview

Farmers Group, Inc., doing business as Farmers Underwriters Association, offers multiline insurance in the United States. The company provides auto and recreation insurance, including auto, collectible auto, motorcycle, boat, travel trailer, and motor home insurance; and home insurance, such as homeowner, renters, condo, mobile home, and specialty home insurance. It also offers life and financial insurance that includes term life and whole life insurance, annuities, and mutual funds. In addition, the company provides business insurance that comprises business liability, professional service, auto service/repair, and business umbrella insurance; home/building service; and other insurance prod...

4680 Wilshire Boulevard

Los Angeles, CA 90010

United States

Founded in 1928

7,935 Employees

Phone:

323-932-3200

Fax:

323-932-3101

Key Executives for Farmers Group, Inc.

Chief Executive Officer and President
Age: 57
Chairman and Group Chief Risk officer
Age: 55
Chief Financial Officer and Executive Vice President
Chief Operations Officer
Senior Vice President
Age: 69
Compensation as of Fiscal Year 2014.

Farmers Group, Inc. Key Developments

Farmers Insurance Appoints Thomas White as President of Farmers Non-Insurance Businesses

Farmers Insurance announced the appointment of Thomas White to the post of president of Farmers Non-Insurance Businesses. In this newly created position, White will oversee Farmers non-insurance businesses including Farmers Financial Solutions (FFS) and Kraft Lake, as well as the development of future new business opportunities. Reporting to Farmers Chief Executive Officer Jeff Dailey, White will be focused on deepening customer relationships and supporting business growth for Farmers 50,000 exclusive and independent agents. He has more than 30 years of experience in the insurance industry, serving most recently as group head of human resources for Zurich. He also served as Zurich Japan's chief executive officer and Farmers New World Life's president and chief executive officer. Prior to joining Zurich, White held a variety of senior positions around the world with AIA, Prudential and AIG, beginning his career as an exclusive agent for Allstate.

Farmers Insurance Switches to Xactware's Claims Handling Solutions

Farmers Insurance chosen to implement Xactware's suite of claims-handling solutions. Xactware is a member of the Verisk Insurance Solutions group at Verisk Analytics. armers, the third-largest insurer of automobiles and homes in the United States, will immediately begin rolling ut Xactware's claims-estimating platform, Xactimate(R), and its full-cycle claims management network, XactAnalysis(R). Xactware's comprehensive claims-estimating solution includes online and mobile applications, exhaustive cost research, the Xactware Cloud, 24/7 customer support, and more. The claims management solution includes claims tracking, analytics, business intelligence tools, and a wide range of tools for claims handlers, estimators, and managers.

Farmers Group Appoints John Mueting as Head of Farmers Financial Solutions

Farmers Group, Inc. has named John Mueting as its new Head of Farmers Financial Solutions, the company's broker dealer business unit that offers a variety of financial service products to consumers. For more than 20 years, Mueting has been an industry leader in managing the offering of financial services products to consumers via licensed insurance agents and broker dealers. Prior to joining Farmers, Mueting was Vice President of Global Accounts for Pershing, LLC. Previously, he spent more than 20 years with Allstate Insurance where he held a number of senior leadership positions, including responsibility for distribution of financial services through the insurer's property and casualty and life specialist distribution channels.

Similar Private Companies By Industry

Company Name Region
Specialty Underwriters & Risk Evaluators LLC United States
Topa Insurance Company United States
Insurance Marketing Agencies, Inc. United States
State Farm Mutual Automobile Insurance Company United States
First Commercial Insurance Company United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Farmers Group, Inc., please visit www.farmers.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.