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Founded in 1928 and headquartered in Los Angeles, Farmers is one of the largest and most respected insurance brands in the United States. Foremost Insurance Company, located in Michigan, was acquired in March 2000. It leads the industry in insuring specialty products such as mobile homes, motor homes, travel trailers and specialty dwellings.
And the Bristol West Insurance Group, based in Davie, Fla., became a part of the Farmers Insurance Group of Companies in July 2007. Bristol West began providing private passenger Auto insurance to Florida residents in 1973, and since that time, it has grown to be a leading provider of liability and physical damage insurance - focusing exclusively on private passenger vehicles across the United States.
Part of the Zurich Financial Services Group, the companies that comprise the Farmers Insurance Group rank as the third-largest Personal Lines property and casualty group in the United States. Farmers is also a leading insurer of small- and medium-sized businesses and operates a large Life insurance company as well as a rapidly growing financial services company (Farmers Financial Solutions).
Farmers Group, Inc. ® is a wholly owned subsidiary of Zurich Financial Services®, an insurance-based financial services provider with a global network of subsidiaries and offices in North America and Europe as well as in Asia Pacific, Latin America and other markets. Farmers® is the nation's third-largest Personal Lines Property & Casualty insurance group. Headquartered in Los Angeles and doing business in 41 states, the insurers comprising the Farmers Insurance Group of Companies provide Homeowners, Auto, Business, Life insurance and financial services to more than 10 million households. Farmers Group, Inc.®, is a provider of insurance management services and is 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 inter-insurance exchanges - Farmers Insurance Exchange, Truck Insurance Exchange and Fire Insurance Exchange. 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. Foremost Insurance Company, located in Michigan, was acquired in March 2000. It leads the industry in insuring specialty products such as mobile homes, motor homes, travel trailers and specialty dwellings. Farmers New World Life Insurance Company, headquartered in Mercer Island, Washington, 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.
We continue to invest considerable resources in programs that improve safety, enhance educational opportunity, and increase civic participation in communities across America. In addition to our institutional support for these causes, we are undeniably proud of the thousands of Farmers agents and employees who generously contribute additional dollars and hours of volunteer time to organizations in their neighborhoods. In 2000 alone, more than 15,000 Farmers people donated more than 75,000 volunteer hours and raised more than $1.5 million for worthy causes, above and beyond Farmers corporate giving of $2.1 million.
Farmers has committed much to special initiatives which enhance the ability of our nation's teachers to engage students in becoming better citizens. In partnership with the National Council for the Social Studies, Farmers created The American Promise program in 1995. Through its citizenship education curriculum and videos, more than 100,000 teachers have been able to share with their students the inspiring stories of citizens throughout the country who are improving their own communities.
Farmers believes every American is enriched by the many contributions made by diverse groups and cultures in the United States. To promote understanding, Farmers has created a program honoring Hispanic culture called Young Americanos. Young Americanos is a reflection of our commitment to the Latino community and to strengthening the bridges of communication and understanding among all the diverse cultures that make up the United States.