State Farm Insurance

3.3646408839864 (1991)
Posted by motoman 04/15/2009 @ 13:07

Tags : state farm insurance, insurance, business

News headlines
State Farm to lower auto insurance rates in California - Los Angeles Times
Premiums at State Farm Mutual Automobile Insurance Co. will drop by 8% for a total savings of $219 million, said Rand Harbert, the senior vice president for California. Customers will see the drop in rates when new policies are bought or when current...
Insurers' rate deregulation up to Crist - Brandon News and Tribune
Citizens Property Insurance Corp. only takes homeowners who are not offered policies in the private market. Newton and others contend the bill is designed to bail out State Farm. "To allow State Farm to manhandle the state like this is awful," Newton...
SADC Welcomes New State Farm Agent with Ribbon Cutting - Keota Eagle
SADC members (left to right) President, Lorrie Luettjohann; Jody Miller, Tom Bates, Emily Wohler, Ken Bucklin, Jeff Johnson and Judy Frank along with Sigourney Public Works Director, Jim Dickinson (back center) welcomed new State Farm Insurance Agent,...
Geeslin reappointed as Texas insurance commissioner - Dallas Morning News
Geeslin is currently deciding one of the biggest insurance matters during his tenure - whether State Farm Insurance overcharged its homeowners customers by hundreds of millions of dollas and if so, how much they will have to refund....
Woman sues State Farm over underinsured motorist benefits - Southeast Texas Record
Sheila Branham filed a lawsuit May 12 in Jefferson County District Court against State Farm Mutual Automobile Insurance Company. Branham says she was involved in a rear-end automobile collision with Lisa Kimball on March 20, 2006....
Woman gets probation for trying to defraud State Farm Insurance - Youngstown Vindicator
WARREN — A Liberty woman has been placed on two years of probation for attempting to defraud State Farm Insurance Co. by reporting damage to four tires and the theft of four car rims from a car that was parked at Akron-Canton Regional Airport in 2007....
Paul Flemming: A busy day at the candidates, er, Cabinet meeting - Tallahassee Democrat
For instance, take the property insurance rate-deregulation bill now on Crist's desk. The consumer-choice bill — more accurately and popularly known as the State Farm bill — seemed headed for certain veto from Crist as it moved through the Legislature....
Crist rattles veto saber on hurricane insurance - Palm Beach Post
State Sen. Michael Bennett, R-Bradenton, sponsor of the insurance bill, has urged Crist to sign it. Bennett argues that customers willing to pay higher rates to stay with a company like State Farm should have that choice. State Farm announced this year...
State Farm gets some love from Crist -
State Farm may be locked in an epic battle with Gov. Charlie Crist and the state over its plan to drop more than 1 million policies and withdraw from Florida's property insurance market. But that doesn't mean state officials aren't playing nice....
Bay Biz Buzz: BioTime hits 52-week high on stock sale - Tri-Valley Herald
The state Department of Insurance has approved a $219 million rate reduction for State Farm auto insurance policyholders. Under the newly approved rates, State Farm's 3.3 million policyholders in California will save an average of 8 percent,...

State Farm Insurance

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

State Farm Insurance is a group of insurance and financial services companies. State Farm has remained the largest automobile insurer in the United States continuously since 1942 and insures more cars and homes in the United States than any other insurer.

The group's main company 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 32nd in the 2008 Fortune 500, which lists American companies by revenue. According to the Fortune Global 500, State Farm is also the world's largest mutual "P&C" (property & casualty insurance) firm; the only other P&C mutual in the Global 500 is Groupama in Europe. In October 2008, State Farm Insurance Companies in Canada was named one of Greater Toronto's Top Employers by Mediacorp Canada Inc., which was announced by the Toronto Star newspaper.

State Farm was founded in 1922 as a mutual automobile insurance company owned by its policyholders. Despite the company's name, State Farm did not initially begin as a crop insurance company. Specifically, State Farm specialized in auto insurance for farmers. Founder George J. Mecherle believed that since farmers drove less and had fewer losses than city drivers, they should pay less for insurance. His idea was popular with farmers and made his new company successful. Since its inception, State Farm has expanded its services into other popular types of insurance, such as homeowners and life insurance, in addition to banking and financial services.

State Farm's well-known jingle ("Like a good neighbor, State Farm is there") was written by American songwriter Barry Manilow in 1971.

State Farm has grown to include 67,000 employees and 17,000 agents servicing 77 million policies in the United States and Canada, and serving more than 1.9 million bank accounts. As of 2005, State Farm is insuring about 40 million vehicles.

Edward B. Rust, Jr. is chairman of the board and chief executive officer 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.

On March 1, 2007, State Farm Mutual Automobile Insurance Company announced it will pay $1.25 billion in dividends to its mutual auto insurance policyholders in 46 states, the District of Columbia and the Canadian province of New Brunswick.

In recent years, State Farm has expanded into the financial services arena, such as banking and mutual funds. These are separate from its insurance products. This has expanded its competition beyond the traditional P&C insurance companies like GEICO, Progressive, and USAA to include competition with leading banks and investment companies like Bank of America, Citi, JP Morgan Chase, Wells Fargo, Fidelity Investments, Charles Schwab, and E*TRADE.

In early 2009, State Farm's Florida subsidiary, the state's largest insurer, got out of the homeowner's insurance business in Florida after state regulators refused to approve a 47% increase in insurance premiums. State Farm said that, in Florida, it had paid out $1.21 in claims for every dollar in premiums since 2000. Several other home insurers have pulled out of Florida as well; many homeowners are now using the Citizens Property Insurance Corp. run by the state government.

A 2007 investigation by CNN reported that major car insurance companies, including State Farm and Allstate Insurance, are increasingly fighting claims from those injured by their insured members. In some cases the settlement proposed amounts to just $50 or the threat that any lawsuit would be made so expensive and time-consuming that it wouldn't be worth the victim's time. State Farm and Allstate have denied these allegations. This followed on the heels of criminal investigations by the states of Louisiana and Mississippi, which found that State Farm had wrongly denied claims stemming from Hurricane Katrina.

State Farm's top automobile insurance competitors, based on premium written, include Allstate, Progressive, GEICO, Zurich, Nationwide, USAA, Liberty Mutual, American International Group, and American Family Insurance Group.

State Farm in partnership with several U.S. highway authorities operates a service called the State Farm Safety Patrol which provides free roadside assistance to stranded motorists on participating highways, when you call the designated telephone number for the Safety Patrol they will respond and provide the following services, Fuel refills, radiator refills and Engine oil refills, Safety Patrol personnel are also CPR and Automated External Defibrillator certified, they work to reduce accident rates, minimize the duration time of incidents, assist disabled drivers and remove road debris. Highways which currently participate includes, E-470 in Denver, Colorado, Florida's Turnpike in the State of Florida and the Pennsylvania Turnpike in the Commonwealth of Pennsylvania.

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Bloomington, Illinois

The downtown State Farm Insurance Building, part of the Bloomington Central Business District.

Bloomington is a city in McLean County, Illinois, United States and the county seat. It is adjacent to Normal, Illinois, and is the more populous of the two principal municipalities of the Bloomington-Normal Metropolitan Statistical Area which is often referred to simply as "Bloomington-Normal." A 2006 special census indicated that Bloomington's population was 74,975 . Bloomington is the host of the Illinois Shakespeare Festival, which is nationally known as one of the top Shakespearean festivals in the country.

In February, 2008, named Bloomington-Normal as #20 on its list of the 25 smartest communities in the United States, based on the college degrees of its citizens. Golf Digest has also named Bloomington-Normal as one of the 5 best places to play golf in the USA.

Bloomington is located at 40°29′03″N 88°59′37″W. The city is at an elevation of 797 feet (243 m) above sea level. According to the United States Census Bureau, the city has a total area of 22.5 square miles (58.3 km²), all of it land.

As of the census of 2000, there were 64,808 people, 26,642 households, and 15,718 families residing in the city. The population density was 2,880.3 people per square mile (1,112.1/km²). There were 28,431 housing units at an average density of 1,263.6/sq mi (487.9/km²). The racial makeup of the city was 84.92% White, 8.64% African American, 0.18% Native American, 3.02% Asian, 0.04% Pacific Islander, 1.42% from other races, and 1.78% from two or more races. Hispanic or Latino of any race were 3.32% of the population.

The City of Bloomington and McLean County comprise the fastest-growing metropolitan area in Illinois. The area's population has grown 28% from 1990 through 2006. The fastest growth has been in Bloomington, as the U.S. Census Bureau conducted a special census of that city in February, 2006, showing a population of 74,975, a 15.7% increase in less than six years.

In 2000, there were 26,642 households out of which 30.7% had children under the age of 18 living with them, 46.3% were married couples living together, 9.7% had a female householder with no husband present, and 41.0% were non-families. 32.8% of all households were made up of individuals and 9.1% had someone living alone who was 65 years of age or older. The average household size was 2.34 and the average family size was 3.04.

In the city the population was spread out with 24.9% under the age of 18, 12.5% from 18 to 24, 33.3% from 25 to 44, 19.3% from 45 to 64, and 9.9% who were 65 years of age or older. The median age was 32 years. For every 100 females there were 94.1 males. For every 100 females age 18 and over, there were 91.0 males.

The median income for a household in the city was $46,496, and the median income for a family was $61,093. Males had a median income of $41,736 versus $29,077 for females. The per capita income for the city was $24,751. About 4.3% of families and 7.8% of the population were below the poverty line, including 7.5% of those under age 18 and 5.8% of those age 65 or over.

Prior to the 1820s, the area of today's Bloomington was at the edge of a large grove enjoyed by the Kickapoo people before the first Euro-American settlers arrived in the early 1820s. Springing from the settlement of Keg Grove, later called Blooming Grove, Bloomington was named as county seat on December 25, 1830, when McLean County was created.

When the County of McLean was incorporated a county seat was established. However, the legislation stated the site of Bloomington "would be located later." James Allen, who was one of the promoters of the new county, offered to donate 60 acres (240,000 m2) of his own land for the new town. His offer was accepted and Bloomington was laid out. Its lots were sold at a big party on the 4th of July 1831. At this time there were few roads, but rich soils brought new farmers who began commerce by conducting their business in the newly formed county. People came from all over to trade and do business at the town's center, known today as Downtown Bloomington, including Abraham Lincoln who was working as a lawyer in nearby Springfield.

In 1900 an officer on patrol discovered a fire in a laundry across the street from the old City Hall and Police Station. He sounded the alarm but the fire eventually destroyed the majority of the downtown, especially the areas north and east of the courthouse. However, the burnt area was quickly rebuilt from the designs of local architects George Miller, Paul O. Moratz and A.L. Pillsbury.

During the first two decades of the 20th century Bloomington continued to grow. Agriculture, the construction of highways and railroads, and the growth of the insurance business (mainly State Farm Insurance) all influenced the growth of Bloomington and its downtown area. The downtown area became a regional shopping center attracting trade from adjoining counties. Labor unions grew in strength. This trend has continued to the present day, where expansion has included many restaurants and other businesses.

The top ten employers located in Bloomington include State Farm Insurance, which was founded in the city, Country Insurance & Financial Services, Electrolux North America, Normal based Unit 5 schools, AFNI Inc., OSF St. Joseph Medical Center, County of McLean, and the City of Bloomington. Bloomington is also home to Illinois Wesleyan University, OSF St. Joseph Medical Center, a convention center at the McLean County Fairgrounds, U.S. Cellular Coliseum, and Beer Nuts.

Bloomington's public school district, District 87, has one high school, Bloomington High School, one junior high school, Bloomington Junior High School, and numerous elementary schools. Bloomington is also home to several private schools, including Central Catholic High School, Holy Trinity School, St. Mary's Catholic School, Trinity Lutheran School, and Cornerstone Christian Academy. Bloomington has a private university called Illinois Wesleyan University.

The city of Bloomington is home to one university.

Interstates 39, 55 and 74 intersect at Bloomington, making the city a substantial transportation hub. US highways 51 and 150 and Illinois state route 9 also run through Bloomington. The former highway, U.S. Route 66, once ran directly through the city's downtown and later on a bypass to the east. The Bloomington-Normal Public Transit System operates Bloomington-Normal's internal bus system, and several intercity bus lines operate both north-south and east-west service through the city.

Bloomington is serviced by passenger rail.

Central Illinois Regional Airport provides Bloomington with commercial airline service.

Bloomington-Normal has been ranked the “Fifth Best American City for Golf” by Golf Digest for two consecutive years.

The Den at Fox Creek is a 4-star, Arnold Palmer Signature Designed Golf Course that opened in 1997, and features bent grass tees, greens and fairways. Amenities include GPS-equipped carts, club rental, pro shop and snack bar. There are nine holes with water hazards, 131 sand traps and a unique alternative shot closing the 18th hole on this par 72 course. Practice facilities include a large bent grass driving range and tees with practice chipping and putting greens. The Den is home to both the IHSA Boy’s Golf State Tournament and COUNTRY Youth Classic.

Located in South Bloomington, the Highland Park Golf Course has numerous challenges including creeks, three lakes, well-placed sand traps and tree-lined fairways. Highland Park sports a pro shop, carts, club rental and snack bar, and offers individual or group lessons.

The Links at Ireland Grove is Bloomington’s newest public golf facility and first executive course. This nine hole course consists of seven par 3’s and two par 4’s. The driving range has weather protected hitting bays, plus over 1-acre (4,000 m2) of target greens, several bunkers, two fairways and nearly 2 acres (8,100 m2) of natural grass hitting area. In addition, The Links Golf Academy offers a 4-acre (16,000 m2) short game practice facility. The Links’ complex also includes Golf Etc., a pro shop selling everything golf related. The Links is also home to the COUNTRY Contest portion of the COUNTRY Youth Classic.

Prairie Vista sports 16 water hazards, a wave bunker, two-level greens and fairways, lots of sand, a pro shop, carts, club rental, snack bar, banquet room and driving range. In addition to annually hosting the COUNTRY Youth Classic and IHSA Boy’s Golf State Finals, Prairie Vista hosted the 1997 NCAA Division I Women’s Golf East Regional.

There are two private country clubs within Bloomington: Bloomington Country Club and Lakeside Country Club. A third, Crestwicke Country Club, is just south of the city. All three have golf courses.

According to, Bloomington-Normal is ranked in the top 1% among national creative workforces.

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Florida State Road 820

Florida 820.svg

State Road 820, known locally as Hollywood Boulevard and Pines Boulevard is a 19.3-mile-long divided highway serving southern Broward County, Florida. Its western terminus is an intersection with U.S. Highway 27 (State Road 25) in Pembroke Pines, Florida; its eastern terminus is a trumpet interchange with State Road A1A in Hollywood, Florida.

While most of the roadway is in residential areas, State Road 820 serves Broward Community College south campus, North Perry Airport, and Pembroke Lakes Mall. In the Historic District of downtown Hollywood there are three large traffic circles called Presidential Circle, City Hall Circle and Young Circle. State Road 820 is the only Florida State Road in Broward County that connects U.S. Highway 27 and U.S. Route 1, and providing access to the Atlantic Ocean beaches along State Road A1A.

In 2001 State Farm Insurance ranked the intersection of Flamingo Road as the "most dangerous intersection in the United States".

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Edmund Nelson

Edmund Nelson 2008.jpg

Edmund Nelson (born April 30, 1960 in Live Oak, Florida) is a former professional American football defensive lineman in the National Football League for seven seasons for the Pittsburgh Steelers and New England Patriots.

Edmund commentates as the Color analyst for Pittsburgh Steelers pre-season games and participates as a co-host to Bob Pompeani in KDKA-TV's regular season pre-game program "Steelers Kickoff." He also owns a State Farm Insurance Agency that is located in the Upper St. Clair South Hills Village mall.

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Source : Wikipedia