LOS ANGELES -- Paul Hopkins, chief executive officer of the Farmers Insurance Group of Companies, has announced the appointment of F. Robert Woudstra to the position of President and Chief Operating Officer of Farmers Group, Inc., effective January 1, 2007.
"Bob brings great depth to his new role," noted Mr. Hopkins. "He has played a significant role in guiding Farmers overall property and casualty results to some of the best in our history. I am proud to have Bob take on this important new assignment as President of Farmers."
Mr. Woudstra held a number of key executive positions in his tenure with Farmers and Foremost Insurance Company, a Farmers Insurance Group company.
He joined the Foremost Corporation of America in 1973 as Controller. In 1999, he was promoted to Chief Operating Officer of Foremost, the position he held at the time Foremost was acquired by Farmers in March, 2000.
In March, 2000 he was elected to the position of Chief Operating Officer of Farmers Specialty, responsible for marketing, product development, pricing, underwriting and direct sales for mobile home, recreational vehicles and basic products. He was also responsible for the company's financial functions. Effective March 1, 2003, Mr. Woudstra became President of Farmers Specialty.
In April, 2005, he was elected to his recent position of Executive Vice President-Property and Casualty Operations for Farmers where he has been responsible for personal lines, commercial lines, specialty, claims and service operations.
Mr. Woudstra holds a Bachelor's degree from Ferris State University and a Certified Public Accountant (CPA) designation. He resides in Los Angeles, California with his wife Sue. They have two children.
Farmers Insurance Group of Companies[R] 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 through 17,000 exclusive and independent agents and district managers. For more information about Farmers, visit our Web site at www.farmers.com.