Guide Note:

State Farm is the largest automobile insurance company in the US. It has recently expanded into financial services including mutual funds and bank services. Headquartered in Bloomington, Illinois, State Farm was founded in 1922 by George J. Mecherle. In 1989, the company had nearly $600 million in claims with Hurricane Hugo in South Carolina, and the Loma Prieta Earthquake in the Bay Area. The company has grown to include 68,000 employees and 17,000 agents. The company has also grown its banking business to 1.8 million customer accounts.

Fast Facts:

Tagline: "Like a good neighbor, State Farm is there"
Revenue: $59.2239B USD (2006)
Headquarters: Bloomington, IL
Chairman and CEO: Ed Rust Jr.
Staff: 68,000
Founded in 1922
Tag-line, "Like a good neighbor, State Farm is there" was written my Barry Manilow
Agents: 17,000
Incorporated: 1922
2002, launched the "We live where you live" campaign

Categories

News | Business News | Corporations in the News | Finance

View Note History

State Farm Insurance Company

The Mahalo Top 7

Official Site: State Farm Insurance
Wikipedia: State Farm Insurance
Career Opportunities: State Farm Career Center
Official Site: Official News Releases
Funding Universe: State Farm Mutual Automobile Insurance Company History
Official Site: State Farm Bank
The Consumerist: State Farm Blog Articles

State Farm Recent News

Google News: State Farm Insurance
Insurance Newsnet: State Farm Repays Its Customers (2007)
Pantagraph: Youths make difference on State Farm board (2007)
Pantagraph: State Farm becomes MLB sponsor (2007)
Illinois Times: iNsurable - State Farm has iPhone's number (2007)
USA Today: Insurance adjusters tackle Katrina claims (2005)
Sign On San Diego: State Farm Mutual to pay $40 million in multistate settlement (2005)
Insurance Journal: State Farm Places Moratorium on Homeowners Policies in 17 States (2002)
Insurance Journal: State Farm Earnings Plunge 60 Percent (2001)

State Farm Financial Info

Yahoo Finance: State Farm Insurance Company Profile
Annual Reports: Annual Reports
CNN Fortune 500 2007: State Farm Insurance Cos (#31)
Insurance Journal: State Farm CEO Gets 82% Pay Raise (2007)
Insurance Journal: Best Rates State Farm 'A++' (2007)

State Farm Divisions or Affiliates

State Farm History and Background

Official History: The State Farm Story
Google News Archive: State Farm Insurance Timeline
Wikipedia: State Farm Insurance
Google Finance: State Farm Mutual Automobile Insurance Company

State Farm Criticism, Blogs, and Message Boards

Insurance Coverage Blog: Evidence State Farm pressured engineers to change Katrina conclusions
The Insurance Policy: Injured Woman Claims State Farm Insurance Delayed Surgery... (2007)
The Consumerist: Like A Good Neighbor, State Farm Wants To Steal Your Money... (2007)

State Farm Competitors

Allstate: Official Site | Wikipedia
Farmers Insurance: Official Site | Wikipedia
GEICO: Official Site | Wikipedia
Progressive: Official Site | Wikipedia
USAA: Official Site | Wikipedia

Related Searches

Katrina | Allstate | Farmer's Insurance | GEICO | Progressive | USAA | Insurance | Automobile | How to Choose Life Insurance

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