State Farm reports Q1 2026 results for P&C companies

State Farm released the Q1 2026 financial results for 13 of its P&C carriers.

During the quarter, the group of companies reported a net underwriting gain of $1.8 billion, compared to a $5.1 billion loss in Q1 2025.

State Farm’s auto carrier saw the biggest improvement, going from a $3.6 billion loss in Q1 2025 to a $1 billion gain in Q1 2026.

The group of companies reported $27.9 billion in written premiums, a 1.9% increase from Q1 2025.