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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

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Who is the CEO of State Farm?

Michael Tipsord is Chairman, President and Chief Executive Officer of State Farm Mutual Automobile Insurance Company.

What did State Farm do wrong?

State Farms persistent bad faith is well-known, and one of the key United State Supreme Court cases on punitive damages was a lawsuit against the company for its handling of a car accident which killed one person and left another permanently disabled.

Why did State Farm lose so much money?

Supply-chain disruption, labor shortages, and costlier replacement parts are all contributing to current and future loss pressures. State Farm is Bloomington-Normals largest employer, with over 13,000 employees. The company remains the largest home and auto insurer in the U.S.

What is State Farms target market?

State Farm Threats State Farm OverviewTarget MarketIndividuals, Home buyers, Auto buyers, Mutual Fund InvestorsPositioningAn expert in providing life, health and non-general insurance and financial solutions to its customers7 more rows

Who is State Farms biggest competitor?

Considering State Farm and Geico are the two biggest auto insurance companies in the U.S., most drivers can find what they need from either company, whether thats minimum or full coverage. However, there are a few key differences between State Farm vs. Geico when it comes to auto insurance options.

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