State Farm Insurance
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State Farm Insurance

Company nameState Farm
Company typeMutual (main company)
SloganLike a good neighbor, State Farm is there.
IndustryFinance and Insurance
FoundedJune 7, 1922
Founder(s)George J. Mecherle
HeadquartersBloomington, Illinois
No. of locations17,700 agents
343 claim offices
30 operations centers
Area servedUSA and Canada
Key peopleEdward B. Rust, Jr. (Chairman/CEO)
ServicesInsurance, Banking, Investing
RevenueUS$61.611 billion (2007) (+)1.8%
Net incomeUS$3.664 billion (2007) (+)US$687 million
Total assetsUS$104.842 billion (2007) (+)US$6.494 billion
Total equityUS$58.142 billion (2006)
DivisionsInsurance; mutual funds; State Farm Bank
Subsidiarysee Companies below

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State Farm Insurance is a group of insurance and financial services companies in the United States. The company also has operations in Canada.

The group's main business is State Farm Mutual Automobile Insurance Company, a mutual insurance firm that also owns the other State Farm companies. The corporate headquarters are in Bloomington, Illinois.

State Farm is ranked 34th in the 2010 Fortune 500, which lists American companies by revenue. According to the Fortune Global 500, State Farm is also the world's largest mutual "P&C" (property & casualty insurance) firm. In October 2008, State Farm Insurance Companies in Canada was named one of Greater Toronto's Top Employers by Mediacorp Canada Inc., which was announced by the Toronto Star newspaper.

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Hearsay Launches Social Media Management For Branch Offices - InformationWeek Tweet this news
InformationWeek---...- companies with local offices -- such as clients -State Farm-, 24 Hour Fitness, and Farmers -Insurance- -- to climb aboard the social networking bandwagon, ... - Date : Thu, 03 Feb 2011 17:25:25 GMT+00:00
Cozad Starts No Texting While Driving Campaign - NTV Tweet this news
NTV--Cozad High School Future Business Leaders of America (FBLA) and -State Farm Insurance- agent, Heidi Bazata have joined together to promote awareness to the ... - Date : Fri, 04 Feb 2011 13:56:40 GMT+00:00
Insurance Resurrection - Gulf Coast Business Review Tweet this news
Gulf Coast Business Review--Intended as a last-resort market, Citizens now has 18% of the state's residential market. That tops the next highest � -State Farm- Florida -Insurance- Co. ... - Date : Fri, 04 Feb 2011 13:07:39 GMT+00:00
Local agents see spike in weather-related insurance claims - KXII-TV Tweet this news
KXII-TV--I expect that number to grow especially from pipes as they start to thaw out,"Jim McClure, -State Farm Insurance- Agent. McClure says the severe weather has ... - Date : Fri, 04 Feb 2011 04:31:25 GMT+00:00
Out-Of-State Claims Adjusters Rush For Licenses - Hartford Courant Tweet this news
Hartford Courant--During both last March's rains and the recent storms, -State Farm- accounted for the majority of the applications � including 353 this year. ... - Date : Fri, 04 Feb 2011 01:18:26 GMT+00:00
PANICO v. STATE FARM FIRE AND CASUALTY COMPANY - Tweet this news Farm argues that the Taylors' claims are not covered. Although the parties have not determined which of the Panicos' three -State Farm insurance- ... - Date : Fri, 04 Feb 2011 11:58:07 GMT+00:00
Hearsay Debuts Social Networking Management Platform, Announces Contracts with ... - Insurance & Technology Tweet this news
Insurance & Technology--The vendor claims to have rolled out to over 30000 users in several industries, including P&C insurers -State Farm- and Farmers (see related story at link). ... - Date : Thu, 03 Feb 2011 15:51:28 GMT+00:00
Oregon shops: State Farm is tops for accident care - FenderBender Tweet this news
FenderBender--“We believe their views will be helpful to -insurance- companies and consumers.” -State Farm-, Oregon Mutual and Mutual of Enumclaw have consistently held the ... - Date : Thu, 03 Feb 2011 14:49:32 GMT+00:00
State Farm returns to DDB for ads, rejecting DraftFCB - Crain's Chicago Business Tweet this news
Crain's Chicago Business--(Crain's) � DraftFCB, the city's largest ad agency, is facing yet another blow as client -State Farm- Mutual Automobile -Insurance- Co. is set to return ... - Date : Wed, 02 Feb 2011 23:13:27 GMT+00:00
Mass. roofs buckle under heavy snow - Boston Herald Tweet this news
Boston Herald--Millions,” said Joe Leahy of Leahy & Brown -Insurance- + Realty, a national director with Independent -Insurance- Agents and Brokers of America. ... - Date : Thu, 03 Feb 2011 05:51:46 GMT+00:00

CEO Years Served
George J. Mecherle 1922 � 1937
Raymond Mecherle 1937 � 1954
Adlai Rust 1954 � 1970
Edward B. Rust, Sr. 1970 � 1985
Edward B. Rust, Jr. 1985 � Present

Illinois-based Corporations

Fortune 500
(by size - 2010)
Archer Daniels Midland * Boeing * Walgreen Company * State Farm Insurance Cos. * Sears Holdings Corporation * Kraft Foods * Caterpillar Inc. * Allstate * Abbott Laboratories * Deere & Company * McDonald's * Motorola * Exelon * UAL Corporation * Illinois Tool Works * Sara Lee Corporation * Baxter International * Navistar International * RR Donnelley * Discover Financial * Aon Corporation * Integrys Energy Group * OfficeMax * W. W. Grainger * Fortune Brands * Smurfit-Stone Container * Telephone and Data Systems * Anixter International * United Stationers * Tenneco * Northern Trust
Fortune 1000
(by size - 2010)
Companies listed above, plus: Hospira * Old Republic International * Nalco Holding Company * Corn Products International * Pactiv * Hyatt Hotels Corp. * Country Financial * General Growth Properties * Hewitt Associates * Unitrin Inc * Nicor * CME Group * CF Industries Holdings * Molex * Jones Lang LaSalle * Packaging Corp. of America * Brookdale Senior Living * Equity Residential * Career Education Corporation * AptarGroup * True Value * Gardner Denver * Arthur J. Gallagher & Co.
Other major private and
public companies
Ace Hardware * ACCO Brands * Amsted Industries * Baker & McKenzie * Blue Cross and Blue Shield Association * CDW * CNA Financial * Dot Foods * Eby-Brown * Electro-Motive Diesel * Flex-N-Gate * Follett Corporation * Global Hyatt * Grant Thornton LLP * Health Care Service Corporation * Heico Cos. * Jenner & Block * Kirkland & Ellis * Marmon Group * Mayer Brown * Medline Industries * OSI Group * Reyes Holdings * Sauer-Danfoss * Schiff Hardin LLP * Sidley Austin * Skidmore, Owings and Merrill * Solo Cup Company * Tellabs * Tribune Company * U.S. Foodservice * Walsh Group * Wirtz Corp.

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