State Farm Canada Selling Insurance, Mutual Fund Businesses to Desjardins Group

January 16, 2014

  • January 16, 2014 at 2:29 pm
    Agent says:
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    Hmm! Travelers recently bought a Canadian Insurance company and State Farm pulling out of one. Makes one wonder what is going on with State Farm.

  • January 18, 2014 at 2:55 am
    Rocketman says:
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    Well, couldn’t it be due to the NDP rollback of 15% ? Travelers may want to wade into that mess, State Farm may want to exercise their rights and pull the plug on this market. It is not like State Farm to pull out, but with the experiences in Fla and NJ, I am not surprised that they would tell the NDP enough is enough. State Farm is the most admired company in the industry. Management success, Agency force quality, Excellent Branding, Wide product offerings, Growth with Profit….. Every other company would love to have the track record that State Farm enjoys. Hat’s off to State Farm to not put up with the BS up north. Gotta Luv the Big Boys in Bloomington !



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