State Farm spokesmen Hanz and Franz are not in a happy place right now.

(Bloomberg) — State Farm Mutual Automobile Insurance Co., the largest U.S. property-casualty insurer, said 2014 profit fell 19 percent as the underwriting loss widened on car coverage.

Net income for the year fell to $4.2 billion from $5.2 billion in 2013, the Bloomington, Illinois-based company said Friday in a statement. The auto underwriting loss was $3.4 billion, compared with $2.4 billion in 2013. Claims costs at the car unit rose by $2.5 billion to $29.5 billion.

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