State Farm InsuranceFrom Wikipedia, the free encyclopediaState Farm Insurance

Like a good neighbor, State Farm is there.

TypeMutual(main company)

IndustryInsurance

FoundedJune7, 1922; 92 years ago[1]

FounderGeorge J. Mecherle

HeadquartersBloomington, Illinois,U.S.

Number of locations18,000 agents343claimoffices30 operations centers[2]

Area servedUSA and Canada

Key peopleEdward B. Rust, Jr.(Chairman&CEO)

ServicesInsurance, Banking, Investing

RevenueUS$68.291 billion (2013)[3]

Net incomeUS$5.2 billion (2013)[3]

Total assetsUS$224.694 billion (2013)[4]

Total equityUS$75.900 billion (2013)

Number of employees65,000[2]

DivisionsInsurance;mutual funds; State Farm Bank

SubsidiariesseeCompaniesbelow

Websitewww.statefarm.com

State Farm Insurance "Fire Building" in downtown Bloomington, Illinois.This articleneeds attention from an expert on the subject.Please add areasonor atalkparameter to this template to explain the issue with the article. Considerassociating this requestwith aWikiProject.(September 2010)

State Farmis a group ofinsuranceandfinancial servicescompanies in the United States. The company also has operations in Canada.The group's main business isState Farm Mutual Automobile Insurance Company, amutual insurancefirm that also owns the other State Farm companies. The corporate headquarters are inBloomington, Illinois.State Farm is ranked 44th in the 2013Fortune 500, which lists American companies by revenue.[5]Contents[hide] 1History 2Logo 3Companies 4Advertisement 5CEOs 6Financial services 7Florida withdrawal and reentry 8Criticism 9Competition 10Non-insurance-related 10.1Sponsorships 10.2Services 11See also 12References 13External linksHistory[edit]State Farm was founded in 1922 by retired farmerGeorge J. Mecherleas amutualautomobile insurance company owned by its policyholders. The firm originally specialized in auto insurance for farmers. The company later expanded its services into other types of insurance, such as homeowners and life insurance, in addition to banking and financial services.The State Farm jingle ("Like a good neighbor, State Farm is there") was written by American songwriterBarry Manilowin 1971. A cover was released byWeezerin 2011.[6][7]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.Edward B. Rust, Jr.is the currentchairmanandCEOof State Farm Mutual Automobile Insurance Company,[2]as well as president and chief executive officer of State Farm Fire and Casualty Company, State Farm Life Insurance Company, and other principal State Farm affiliates.[citation needed]Effective January 1, 2015, Canadian policies have been transferred to be underwritten by theDesjardins Group, though the State Farm brand remains in place for agents and marketing.[8]Logo[edit]

State Farm's tri-oval logo from 1953 to 2012.The State Farm interlocked tri-oval logo was created in the mid-to-late 1940s and was later updated in 1953. For nearly 60 years, this design was critical to its brand image.On December 15, 2011, State Farm decided to transform their interlocked tri-oval logo to a simpler, contemporary logo to showcase the companys core service offerings of auto, fire, and life. The new logo was introduced January 1, 2012, marking the companys 90th anniversary. It consists of a simple three-oval design adjacent to the State Farm wordmark. According to Pam El, Marketing Vice President at State Farm, a change in image was needed to employ a bolder presence that could compete in todays digital world.[9]Companies[edit]State Farm Mutual Automobile Insurance Company is the parent company of several wholly owned State Farmsubsidiaries:[1] State Farm Fire and Casualty Company State Farm Life Insurance Company State Farm Life and Accident Assurance Company(NY/CT/WI) State Farm County Mutual Insurance Company of Texas(TXauto) State Farm Mutual Insurance Company of Texas(TXpreferred auto) State Farm Indemnity Company / State Farm Guaranty Insurance Company(NJauto) State Farm General Insurance Company(CAhome) State Farm Florida Insurance Company(FLhome) State Farm Lloyds(TXhome/commercial) State Farm Bank, F.S.B. State Farm Investment Management Corp. (SFIMC) State Farm VP Management Corp. (SFVPMC) State Farm International Service, Inc. State Farm Associate's Funds Trust State Farm Mutual Fund Trust State Farm Investor Services (Canada) Co. State Farm Finance Corporation of Canada SF Insurance Placement Corporation of Canada Insurance Placement Services, Inc. State Farm International Life Insurance Company Ltd. Plaza One Realty Co. State Farm Guaranty Insurance Company State Farm Variable Product TrustThis section requiresexpansion.(June 2008)

Get an Auto Quote It's Fast and EasyChoosing the right auto insurance can be tough. State Farmmakes it easier with a fast online quote that helps you getcar insurance discountsas you go. You can compare options and customize coverage to fit your needs. After you choose State Farm, we're there anytime, anywhere you need us, with helpful advice and award-winning service. That's why more drivers trust us than any other auto insurer. Get your auto insurance quote now, and get to a better State.Motorcycles CoveredWe will consider any factory-built motorcycle, classic motorcycle, custom motorcycle, motorscooter, and other two- or three-wheel vehicles including minibikes and trail bikes licensed for use on public roads.Motorcycle Insurance Coverage Options Bodily injury to someone else or property damage that you accidentally caused while riding your motorcycle Bodily injury to yourself because of an accident with an uninsured motorist Damage to your motorcycle caused by an accident Theft, fire, vandalism, and other losses even while your motorcycle is in storage for the winter Custom motorcycle work, such as paint or upgraded components Attached side cars Emergency Roadside Expenses Loss to Protective Gear Trip Interruption Expenses

Get Affordable Protection Term Life InsuranceHow it WorksTerm life insurance is the most straightforward form of protection. You generally pay premiums on a monthly or annual basis and your family is protected for that "term." State Farmoffers a variety of affordable term life insurance products to fit your needs, time frame, and budget. Help provide for a family's loss of income Cover short-term debts and needs Provide additional insurance protection during the child-raising years Provide longer term protection to help your family pay off a mortgage or to help pay for a college education

Get Affordable Protection Term Life InsuranceHow it WorksTerm life insurance is the most straightforward form of protection. You generally pay premiums on a monthly or annual basis and your family is protected for that "term." State Farmoffers a variety of affordable term life insurance products to fit your needs, time frame, and budget. Help provide for a family's loss of income Cover short-term debts and needs Provide additional insurance protection during the child-raising years Provide longer term protection to help your family pay off a mortgage or to help pay for a college educationEWelcome

This service will allow you to view your EFT payment information from State Farm Insurance. Please contact your local claim office or business contact at State Farm for details of who is eligible to participate in the service and further instruction on how to register for EFT payments.

If you are a Policyholder or an individual and have been given a permanent user ID and temporary password to allow you to receive EFT payments from Property and Casualty Claims, you are eligible for the service. During the registration process, you will need to provide a valid zip code in addition to your permanent user ID and temporary password.

If you are a vendor/business, you will need to sign-up or register with your tax identification number, 9 digit zip-code (if you are a Health Care provider) and a temporary user ID and password.For security purposes this service requires an internet browser that includes 128 bit encryption. We also recommend updating your computer with the latest internet browser version.41State Farm InsuranceCos. E-mail Tweet Facebook Google Plus LinkedinShare iconsShare iconsTim Boyle/Getty ImagesRank41

Previous Rank44

CEOEdward B. Rust Jr.

Address1 State Farm Plaza, Bloomington, IL 61710

Websitewww.statefarm.com

State Farm saw its net income increase by 63% in 2013 thanks in part to a strong year for the Bloomington, Ill.-based insurance and financial service companys stock investments. Net worth grew by 16% to $75.9 billion over the same period the highest net worth in State Farms 92-year history driven by an underwriting gain of $230 million in 2013. In January 2014, State Farm announced plans to sell its Canada business to Desjardins Group, a transaction expected to finish in early 2015. Terms of the deal have not been disclosed, but Reuters values the businesses at around $1.46 billion.Key Financials$ Millions% change

Revenues682914.6%

Profits518964.3%

Total Assets224694

Total Shareholder Equity75900

Market Value (on March 31, 2014)-

Profit as a % of

Sales7.6

Assets2.3

Stockholders' Equity6.8

Earnings Per Share

Earnings Per Share ($)-

EPS % Change (from 2012)-

EPS % Change (5 year)-

EPS % Change (10 year)-

Total Return to Investors%

Total Return to Investors-

Total Return to Investors (5 year, annualized)-

Total Return to Investors (10 year, annualized)