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State Farm Insurance "Fire Building" in downtown Bloomington, Illinois. State Farm was founded in June 1922 by retired farmer George J. Mecherle as a mutual automobile insurance company owned by its policyholders. [10]
As of 2023, Birmingham has two Fortune 500 public companies: Regions Financial Corporation and Vulcan Materials Company. [1] Multiple other Birmingham companies rank in the top 1000. Private companies with revenue over one billion
Birmingham: 2013 The company formed to purchase mid-market radio stations being divested by Cox Radio in 2013. P A United Investors Life Insurance Company: Financials Life insurance Birmingham: 1961 Life insurance and annuities P A VT Mobile Aerospace Engineering: Industrials Aerospace Mobile: 1990 P A Vulcan Materials Company: Basic materials ...
The company scores above-average in the annual J.D. Powers Auto Claims Satisfaction study, a survey based on responses from policyholders of how the top insurance companies perform. State Farm ...
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The company's primary subsidiary, Protective Life Insurance Company, was established in 1907 and now markets its products and services in all 50 states. As of December 31, 2023, the corporation has more than 3,800 employees, annual revenues of $6.6 billion and assets of $118.4 billion.
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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 .