State Farm Insurance is not the "highest priced company in the world." They do have the highest rate of payout on premiums. So maybe that is what you were referring to. That means that they spend more of each premium dollar to cover the losses of their insureds than any other company in the nation. State Farm is a Mutual Insurer. That means that it is operated for the benefit of it's insureds. It is structured as a mutual benefit association. So unlike a Stock Insurer they do not have to put the interests of their stock holders first as is required of Stock Insurers by settled law in the Henry Ford VS the Dodge Brothers case. My only relationship to State Farm is that of a satisfied member insured.
-- Tom Horne