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State Farm Insurance is a group of mutual insurance companies throughout the United States with corporate headquarters in Bloomington, Illinois. Founded in 1922, it is the largest property, casualty , and auto insurance provider in the United States.
The State Farm Downtown Building, variously known as the State Farm Insurance Building or the State Farm Fire Building, is an Art Deco building in downtown Bloomington, Illinois. It served as the corporate headquarters for State Farm Insurance from its construction until 1974.
George Jacob "G.J." Mecherle [1] (pronounced "Ma-herl") (June 7, 1877 - March 10, 1951) was the founder of State Farm, headquartered in Bloomington, Illinois.Mecherle, a farmer who later became an insurance agent, founded State Farm after becoming dissatisfied with the insurance rates charged to farmers, as those rates included the risks of city drivers as well.
Michael L. Tipsord (born June 20, 1959) is the chairman of the board of State Farm Insurance in Bloomington, Illinois. Tipsord replaced Edward B. Rust Jr. as chairman on September 1, 2015. [1] State Farm is the 42nd largest company in the United States on the Fortune 500 [2] and the country’s largest auto and home insurer. [3] [4]
State Farm Insurance: 14,731 2 Illinois State University: 3,281 3 Country Financial: 1,972 4 McLean County Unit District No. 5: 1,761 5 Carle Bromenn Medical Center 1,305 6 OSF St. Joseph Medical Center: 860 7 McLean County: 835 8 Afni 830 9 Bloomington School District 87: 680 10 City of Bloomington 679
The State Farm Research and Development Center opened in January 2005 at the University of Illinois’ Research Park. State Farm has been involved in academic programming, student assistance and research at U of I for over 35 years, but this facility allows for of college interns working on projects to benefit the company as a whole, while students get to apply what they learn in class to ...
In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...
Edward Barry Rust Jr. (born August 3, 1950) [1] was chairman of the board of State Farm Mutual Automobile Insurance Company, Bloomington, Illinois.He is a former President and Chief Executive Officer of State Farm Mutual Automobile Insurance Company and State Farm Fire and Casualty Company, State Farm Life Insurance Company and other principal State Farm affiliates.
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