State Farm Type Mutual (main company) Industry Insurance Fate Canadian operations acquired by Desjardins Insurance Successor Desjardins Insurance (Canada) Founded June 7, 1922; 97 years ago (1922-06-07)[1] Founder George J. Mecherle Headquarters Bloomington, Illinois , United States Number of locations 18,000 agents 343 claim offices 30 operations centers[2] Area served United States Key people Michael Tipsord (Chairman, President & CEO)[3] Services Insurance, Banking, Investing Revenue US$81.732 billion (2018)[4] Net income US$8.788 billion (2018)[4] Total assets US$272.52 billion (2018)[4] Total equity US$100.88 billion (2018)[4] Number of employees 56,788 (2018)[4] Divisions Insurance; mutual funds; State Farm Bank Subsidiaries see Subsidiaries below Website www.statefarm.com