State Farm Insurance "Fire Building" in downtown Bloomington, Illinois.

Wednesday, November 10, 2010

State Farm

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TypeMutual (main company)
IndustryFinance and Insurance
FoundedJune 7, 1922[1]
Founder(s)George J. Mecherle
HeadquartersBloomington, Illinois, U.S.
Number of locations17,700 agents
343 claim offices
30 operations centers[2]
Area servedUSA and Canada
Key peopleEdward B. Rust, Jr. (Chairman/CEO)
ServicesInsurance, Banking, Investing
RevenueUS$61.611 billion (2007) increase1.8%[3]
Net incomeUS$3.664 billion (2007) increaseUS$687 million[4]
Total assetsUS$104.842 billion (2007) increaseUS$6.494 billion[4]
Total equityUS$58.142 billion (2006)[5]
Employees68,000[2]
DivisionsInsurance; mutual funds; State Farm Bank
Subsidiariessee Companies below
Websitewww.statefarm.com

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