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State Farm Insurance Companies are a group of large US insurance and financial services companies started in 1922 by former farmer George J. Mecherle (pronounced Ma-herl). The corporate headquarters is in Bloomington, Illinois. State Farm Insurance logo This is a copyrighted and/or trademarked logo. ...
Mutual describes a form of business enterprise which is owned by those who do business with it. ...
Year 1922 (MCMXXII) was a common year starting on Sunday (link will display full calendar). ...
United States Illinois McLean 22. ...
Edward B. Rust Jr. ...
Revenue is a U.S. business term for the amount of money that a company earns from its activities in a given period, mostly from sales of products and/or services to customers. ...
For the album by the Kaiser Chiefs see Employment (album) Employment is a contract between two parties, one being the employer and the other being the employee. ...
A website (alternatively, Web site) is a collection of Web pages, images, videos and other digital assets that is hosted on a Web server, usually accessible via the Internet or a LAN. A Web page is a document, typically written in HTML, that is almost always accessible via HTTP, a...
Motto: (Out Of Many, One) (traditional) In God We Trust (1956 to date) Anthem: The Star-Spangled Banner Capital Washington D.C. Largest city New York City None at federal level (English de facto) Government Federal constitutional republic - President George Walker Bush (R) - Vice President Dick Cheney (R) Independence from...
Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent loss. ...
Financial services is a term used to refer to the services provided by the finance industry. ...
Year 1922 (MCMXXII) was a common year starting on Sunday (link will display full calendar). ...
For other uses, see Farmer (disambiguation). ...
George Jacob Mecherle (pronounced Ma-herl) (born June 7, 1877) was the founder of State Farm Insurance Companies, headquartered in Bloomington, Illinois. ...
United States Illinois McLean 22. ...
Official language(s) English[1] Capital Springfield Largest city Chicago Largest metro area Chicago Area Ranked 25th - Total 57,918 sq mi (149,998 km²) - Width 210 miles (340 km) - Length 390 miles (629 km) - % water 4. ...
History
State Farm was founded as a mutual automobile insurance company owned by its policyholders. Despite the company's name, State Farm did not initially begin as a crop insurance company. Specifically, State Farm specialized in auto insurance for farmers. Founder George J. Mecherle believed that since farmers drove less and had fewer losses than city drivers, they should pay less for insurance. His idea was popular with farmers and made his new company successful. A mutual organization (or society) is a cooperative organization (which is often, but not always, a company or business) based on the principle of mutuality. ...
George Jacob Mecherle (pronounced Ma-herl) (born June 7, 1877) was the founder of State Farm Insurance Companies, headquartered in Bloomington, Illinois. ...
Since its inception, State Farm has expanded its services into other popular types of insurance, such as homeowners and life insurance, in addition to banking and financial services.
State Farm has grown to include 68,000 employees and 17,000 agents servicing 74 million policies in the United States and Canada, and serving more than 1.8 million bank accounts.
Edward B. Rust, Jr. is chairman of the board and chief executive officer of State Farm Mutual Automobile Insurance Company, Bloomington, Ill. He is also president and chief executive officer of State Farm Fire and Casualty Company, State Farm Life Insurance Company and other principal State Farm affiliates. Edward B. Rust Jr. ...
On March 1, 2007, State Farm Mutual Automobile Insurance Company announced it will pay $1.25 billion in dividends to its mutual auto insurance policyholders in 46 states, the District of Columbia and the Canadian province of New Brunswick.[1]
CEOs
 State Farm Insurance "Fire Building" in downtown Bloomington, Illinois. Image File history File linksMetadata Size of this preview: 800 × 600 pixelsFull resolution (2048 × 1536 pixel, file size: 346 KB, MIME type: image/jpeg) File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ...
Image File history File linksMetadata Size of this preview: 800 × 600 pixelsFull resolution (2048 × 1536 pixel, file size: 346 KB, MIME type: image/jpeg) File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ...
George Jacob Mecherle (pronounced Ma-herl) (born June 7, 1877) was the founder of State Farm Insurance Companies, headquartered in Bloomington, Illinois. ...
Year 1922 (MCMXXII) was a common year starting on Sunday (link will display full calendar). ...
1937 (MCMXXXVII) was a common year starting on Friday (link will take you to calendar). ...
1937 (MCMXXXVII) was a common year starting on Friday (link will take you to calendar). ...
Year 1954 (MCMLIV) was a common year (link will display full calendar) of the Gregorian calendar. ...
Year 1954 (MCMLIV) was a common year (link will display full calendar) of the Gregorian calendar. ...
1970 (MCMLXX) was a common year starting on Thursday. ...
1970 (MCMLXX) was a common year starting on Thursday. ...
Year 1985 (MCMLXXXV) was a common year starting on Tuesday (link displays 1985 Gregorian calendar). ...
Edward B. Rust Jr. ...
Year 1985 (MCMLXXXV) was a common year starting on Tuesday (link displays 1985 Gregorian calendar). ...
Financial services Recently, State Farm has expanded into the financial services arena, such as banking and mutual funds. These are separate from its insurance products. This has expanded its competition beyond the traditional P&C insurance companies like Allstate, Geico, Progressive, Farmers Insurance, and USAA to include competition with leading banks and investment companies like Bank of America, Citi, JP Morgan Chase, Wells Fargo, Fidelity Investments, Charles Schwab, and eTrade. The Allstate Corporation NYSE: ALL is the largest publicly held personal lines insurer in the United States. ...
The Government Employees Insurance Company, usually known by the acronym GEICO, is an American auto insurance company. ...
Progressive can refer to: Progressive music, including Progressive rock, Progressive metal and Progressive electronica Political Progressivism Several Progressive Parties Progressive Era in the United States (1890-1913) Progressive, a company providing auto insurance The Progressive, a left-wing monthly magazine The progressive tense in grammar Progressive lenses, used to correct...
The Farmers Insurance Group of Companies was founded in 1928 as the Farmers Insurance Exchange in Los Angeles, CA. The company started out offering only automobile insurance but home and commercial insurance was added as the company grew. ...
Please wikify (format) this article or section as suggested in the Guide to layout and the Manual of Style. ...
See also Banc of America Securities, Banc of America Investment Services, Inc. ...
Citibank was founded in 1812 as City Bank of New York. ...
J.P. Morgan Chase & Co. ...
An older Wells Fargo branch, located in Berkeley, California Wells Fargos corporate headquarters and main branch Wells Fargo & Co. ...
Fidelity Investments is a group of privately held companies in the financial services industry. ...
Charles Schwab can refer to: Charles M. Schwab, 19th century industrialist and financier. ...
E*TRADE NYSE: ET is a financial services company. ...
Trivia - State Farm is America's largest automobile insurance provider, covering "about one in every 5 vehicles" in the USA according to the company. [2]
- The well-known jingle ("Like a good neighbor, State Farm is there") is just the tag ending on a full-length song. The song was written by then-soon-to-be-famous American songwriter Barry Manilow in 1971.
- State Farm's internal newsletter is called the ALFI, which stands for "Auto, Life, Fire Insurance"
- As of the 2005 annual report[2], State Farm was insuring about 40 million vehicles. It is sometimes said that, "If you took all of State Farm's insured cars and lined them up bumper-to-bumper, they would encircle the world four and a half times. Also, if you stacked them up vertically, it would reach halfway to the moon." Either way, that's about 112,500 miles worth of cars, which would presume and require an average vehicle length of about 15 feet.
Auto insurance is insurance consumers can purchase for cars, trucks, and other vehicles. ...
Barry Manilow (born Barry Alan Pincus, June 17, 1943[1] in Brooklyn, New York) is an American singer and songwriter best known for his recordings I Write the Songs, Mandy and Copacabana. His career achievements include selling more than 75 million records worldwide. ...
References
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