The state auto insurance company started in1922 and its founder was George J. Michele. The company initially specialized in auto insurance for farmers. His idea became popular between farmers and made his company successful. The company's name is State Farm Mutual Automobile Insurance Company, a mutual insurance company that also owns the other state farm companies and automobile insurance is one of them. It has remained the largest automobile insurer since 1942.The headquarter is in Bloomington, Illinois. It serves United States and Canada. The company also offers services in mutual funds, banking and finance which are separate from the insurance sector. The jingle for state farm is “Like a good neighbor, state farm is there”. The company gives insurance services in following areas,
Homeowners Insurance
Life & Annuities
Health and Disability
Business Insurance
According to the Fortune Global 500, State farm is world's largest mutual property and casualty insurance firm. State farm includes 67,000 employees and 17000agents giving service to around 77 million policies in United States and Canada, and serving more than 1.9 million bank accounts. Edward B. Rust Jr. is the chairman of the board and CEO of State Farm Mutual Automobile Insurance Company. He is also the president and chief executive officer of State Farm Fire and Casualty Company, State farm life insurance company and other principal state farm affiliates.
