State Farm Mutual Automobile Insurance Co - Company Profile
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State Farm Mutual Automobile Insurance Co (State Farm) is provider of auto insurance. Product and service portfolio, premium earnings, and market recognition are the major strengths of the company, even as its geographic concentration remains a cause for concern. Expanding US general insurance segment and growing economy in the US and strategic initiatives could provide ample growth opportunities to the company. However, risks related to online identity theft and hacking, competition and fluctuation in interest rates could affect the company’s business performance.
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