State Farm

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State Farm Mutual Automobile Insurance Company

logo
legal form Mutual insurance association
founding 1922
Seat Bloomington , United States
management Michael L. Tipsord
Number of employees 65,000 (2014)
sales $ 68.3 billion (2013)
Branch insurance
Website www.statefarm.com

State Farm Insurance Companies , or State Farm for short , is one of the largest insurance and financial services groups in the United States and the largest vehicle insurer in the country. In 2005 the group generated sales of over 59 billion US dollars and a profit of over 3.2 billion US dollars with almost 68,000 employees . In 2007 sales were $ 60.528 billion. This makes the company one of the 25 largest companies in the USA and one of the 100 largest companies in the world. The company was founded in 1922 and is headquartered in Bloomington , Illinois . Michael Tipsord has been Chairman of the Board, President and CEO since 2015.

Web links

Individual evidence

  1. Fast Facts at www.statefarm.com.Retrieved February 10, 2015
  2. State Farm® Announces 2013 Financial Results on www.statefarm.com Accessed on February 10, 2015