Recent News About State Farm, IL
By Business Daily | Mar 20, 2024
Bloomington, IL, March 20, 2024 — State Farm General Insurance Company, in an effort to ensure its long-term sustainability in California, has announced some significant changes that will affect a portion of its policyholders in the state.The company revealed that approximately 30,000 homeowners, rental dwelling, and other property insurance policies will not be renewed. Additionally, around 42,000 commercial apartment policies will also not be renewed. It is important to note that renters insurance will not be impacted by these decisions.These actions, specific to...
By Business Daily | Mar 14, 2024
State Farm President Jon Farney has been selected as the company’s next Chief Executive Officer by the State Farm Mutual Board of Directors. Farney will formally begin his role on June 1. The announcement was shared by Chairman and retiring CEO Michael Tipsord, who expressed his confidence in Farney's abilities. Tipsord stated, “Jon and I have worked together for many years. I’ve seen how much he cares about State Farm, how much he cares about the people at State Farm, how he solves problems, and how focused he is on taking care of our customers.”Farney, who joined State...
By Business Daily | Mar 5, 2024
SiriusXM has unveiled a new initiative called Listen Next, aimed at nurturing diverse audio talent and fostering inclusivity in podcasting. The program will be supported by State Farm as its first launch sponsor and is set to work with leading, diverse-led production companies to assist up-and-coming creators in establishing successful podcasting careers. The inaugural season of Listen Next will kick off with the show "Stars and Stars with Isa," a collaboration between SiriusXM and Futuro Studios, scheduled to debut on March 19.State Farm's Marketing Director, Brent Malik...
By Business Daily | Feb 9, 2024
State Farm has launched a new campaign featuring the legendary Arnold Schwarzenegger, bringing the action-movie icon to the big screen for a moment that is sure to captivate American culture and sports enthusiasts. The campaign, titled "Agent State Farm," promises an exciting conclusion on 2.11.24.Arnold Schwarzenegger takes on the role of Agent State Farm, a character that combines his iconic action-hero persona with the familiar Jake from State Farm character portrayed by Kevin Miles. The two actors joined forces for a shoot at the world-famous Gold's Gym in the Venice...
By Business Daily | Jan 9, 2024
A new year and winter season bring with them a reminder about the importance of winter weather awareness, particularly when it comes to frozen pipes and ice dams. These two phenomena can cause significant water and structural damage, leading to costly repairs and insurance claims.According to State Farm, from August 2022 to August 2023, they paid out over $806 million for more than 32,000 claims related to frozen pipe and water damage. The average claim amounted to $25,000. Comparing this to the previous year, from 2021 to 2022, State Farm paid $181 million for...
The Right Kind of Magic: State Farm Launches New Creative Campaign with Top Celebrities and Athletes
By Business Daily | Nov 20, 2023
State Farm, the well-known insurance company, is set to launch a new creative campaign called "The Right Kind of Magic." This campaign combines the star power of top-tier celebrities and athletes with the iconic State Farm jingle and the beloved character Jake from State Farm.The campaign will kick off on Thanksgiving Day during the Thanksgiving Day Parade broadcast on NBC. Jimmy Fallon, the popular late-night talk show host, will perform the magic jingle that will make Jake from State Farm appear in the "You’re Joking" spot.Following the parade, the campaign will...