WHO IS FARMERS?

The Farmers Insurance Group of Companies is the country’s third largest writer of both private passenger automobile and homeowners insurance and is highly rated by the independent rating organizations that monitor the industry. In addition, Farmers has grown to be a leading provider of commercial multi-peril insurance, life insurance and through it’s broker dealer, Farmers Financial Solutions LLC, provides investment products.

FARMERS INSURANCE GROUP OF COMPANIES

The Farmers Insurance Group of Companies was founded in 1928 when Farmers Insurance Exchange, an automobile insurer, was formed. As customer demand for additional insurance services increase, the Fire Insurance Exchange and Truck Insurance Exchange were established for home and commercial insurance needs. Today, the Farmers Insurance Group of Companies is the country’s third largest writer of both private passenger automobile and homeowners insurance.

Farmers Insurance Group of Companies is headquartered in Los Angeles, Calif., and operates in 41 states across the country. There are approximately 17,000 agents, district managers and independent agents, along with approximately 14,000 Farmers employees, providing service to more than 10 million households.

Farmers Group, Inc. is a provider of insurance management services and a holding company. Acting under the dba Farmers Underwriters Association, and with its wholly owned subsidiaries, Truck Underwriters Association and Fire Underwriters Association, they act as the attorneys-in-fact for three reciprocals or interinsurance exchanges---Farmers Insurance Exchange, Truck Insurance Exchange and Fire Insurance Exchange. Collectively, the exchanges form the largest insurance organization of it’s type in the United States. The management company is not, however, an owner of these insurers. In addition, Farmers Group, Inc., is a life insurance holding company of the Farmers New World Life Insurance Company.

Farmers New World Life Insurance Company, headquartered in Mercer Island, Wash., offers a wide range of products from a fully flexible universal life product to traditional term and whole life plans and annuities marketed by Farmers agents.

INDEPENDENT RATINGS

Three independent rating organizations ---A.M.Best, Moody’s Investors Service and Standard & Poor’s (S&P) ---regularly rate all insurance companies based on their overall financial picture, including the strength of management, financial reserves, types of policies and claims paying history. A.M.Best has rated Farmers and “A+” (superior). This reflects Farmers’ financial performance, capitalization and management’s strategic plans to maintain and enhance the group’s strong market position. Standard & Poor’s has rated Farmers an “AA+” (very strong) and Moody’s has rated Farmers an Aa3 (excellent).