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As of December 2, 2017, State Farm had 70,000 employees and 19,000 agents. [12] February 2014 figures show the group servicing 80 million policies in the United States and Canada, of which over 44,000,000 are for automobiles, 27,000,000 are for fire, 7,000,000 for life, and more than 2 million bank accounts.
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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 .
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In 2024, State Farm cut policies in the Santa Monica Mountains, resulting in 70% of customers in Pacific Palisades – about 1,600 homeowners – losing coverage, according to the New York Times.
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"State Farm, its agents, and employees are all focused on helping customers impacted by the Southern California wildfires in the midst of this tragedy,” State Farm said in a statement released ...