Companies

State Farm

InsuranceBloomington, IllinoisMore than 62,000 employees

More about State Farm

Mutual insurer selling auto, home and life insurance and banking products to US households through a network of agents

Revenue
$132.3B
Fiscal 2025, up about 8%
Employees
More than 62,000
As of February 2026, plus more than 19,200 agent offices
Stock
Private
Headquarters
Bloomington, Illinois
CEO
Jon Farney
Since June 2024
Main businessesAuto insurance, home and property insurance, life insurance, State Farm banking products
Current strategyReturning capital to auto customers through a one-time $5 billion dividend paid in 2026 and rate cuts in 40 states worth about $4.6 billion a year
CompetitorsAllstate, Progressive, GEICO

Checked October 11, 2026 · Sources: newsroom.statefarm.com, newsroom.statefarm.com (2), ipmnewsroom.org

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