Farmers Insurance Group(R) to Sell Building on Mercer Island MERCER ISLAND, Wash.--(BUSINESS WIRE)--Dec. 22, 2005--Farmers New World Life Insurance Company announced today the sale of its headquarters property at 3003 77th Avenue S.E. on Mercer Island, Washington. Farmers has committed to a lease back of the property for 15 years. The decision to sell the building is part of Farmers' continued efforts to enhance operating efficiency and follows similar real estate transactions at other locations. For example, Farmers recently sold its Home Office headquarters complex in Los Angeles but leased the complex back on a long-term basis. www.farmers.com