Winter travel ideas for UNIVERSITY OF NEW HAVEN State Farm Insurance Companies ONE OF THE LARGEST financial institutions in the UNITED STATES, State Farm is the nation’s leading autoand home-insurance company. Fortune magazine ranked State Farm as the 63rd largest company in the world with revenues of nearly $47 billion in 2001. State Farm provides INSURANCE for many other products and services including, but not limited to: life, health, disability, long-term care, boats, mutual funds, and savings accounts. State Farm was started by George J. Mecherle in 1922 because he believed that farmers, who drove less and had fewer losses than the general population, should pay less for insurance. Thus, he began State Farm as a mutual automobile insurance company owned by the policyholders in Bloomington, Illinois. Then, in 1928 another office was opened in Berkeley, California, the company’s first branch office. Winter travel ideas 2016.