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State Farm

American Government Special Collections Reference Desk

State Farm
Insurance Company

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Official Site: StateFarm.com
Wikipedia: State Farm Insurance

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History
Multimedia
Headquarters: Bloomington, Illinois, USA
Advertising Slogan: Like a good neighbor, State Farm is there.

An insurance company founded in 1931 as a part of Sears and named for a Sears brand of tires launched in 1925. It was spun off as in independent company in 1993 but remains local to the Chicago area where Sears is still headquartered.

History

The following section is an excerpt from Wikipedia's Allstate page on 30 March 2017, text available via the Creative Commons Attribution-ShareAlike 3.0 Unported License.

State Farm is a group of insurance and financial services companies in the United States.

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 44th in the 2013 Fortune 500, which lists American companies by revenue.

In 2014, the company sold its operations in Canada to the Desjardins Group, which is continuing to use the State Farm name.

State Farm was founded in 1922 by retired farmer George J. Mecherle as a mutual automobile insurance company owned by its policyholders. The firm specialized in auto insurance for farmers, and later expanded its services into other types of insurance, such as homeowners and life insurance, and to banking and financial services.

The State Farm jingle ("Like a good neighbor, State Farm is there") was written by American songwriter Barry Manilow in 1971. A cover was released by Weezer in 2011. In the 1960s State Farm's first commercial jingle was originally created for The Jack Benny Program.

As of December 2013 State Farm had 65,000 employees and 18,000 agents. 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.

Michael Tipsord is Chairman and CEO of State Farm Mutual Automobile Insurance Company, and president and chief executive officer of State Farm Fire and Casualty Company, State Farm Life Insurance Company, and other principal State Farm affiliates.

In 2014, the company sold its operations in Canada to Desjardins Group. Canadian policies were transferred to be underwritten by Desjardins Group on January 1, 2015. The State Farm brand continues to be used for agents and marketing.


Multimedia

15 January 2015
12-17377 DHA v. State Farm Mutual Automobile
United States Court of Appeals for the Ninth Circuit
Plaintiffs appeal the district court's orders denying class certification and granting summary judgment in favor of State Farm Mutual Automobile Insurance Company in a diversity putative class action alleging an anticompetitive conspiracy.
Download 12-17377 DHA v. State Farm Mutual Automobile - 278MB - 29:39
19 October 2015
13-16450 Sarah Perez v. State Farm Mutual Automobile
United States Court of Appeals for the Ninth Circuit
Plaintiffs appeal the district court's orders denying class certification and granting summary judgment in favor of State Farm Mutual Automobile Insurance Company in a diversity putative class action alleging an anticompetitive conspiracy.
Download 13-16450 Sarah Perez v. State Farm Mutual Automobile - 537MB - 53:24
16 May 2016
14-15635 Tiffany Murray v. State Farm Mutual Auto Ins Co
United States Court of Appeals for the Ninth Circuit
Tiffany Murray appeals the district court's summary judgment in favor of State Farm Mutual Automobile Insurance Company in Murray's diversity insurance coverage action stemming from injuries Murray suffered in an auto accident.
Download 14-15635 Tiffany Murray v. State Farm Mutual Auto Ins Co - 254MB - 25:26




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