Michael Tipsord News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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...

Jon Farney, current President of the State Farm insurance company has now been named the next Chief Executive Officer by the State Farm

Change is coming.

State Insurance Commissioner Mike Causey announced Feb. 6 that he rejected an N.C. Rate Bureau’s request to increase homeowner insurance rates by an average of 42%.

Californians who have their auto insurance with Allstate and State Farm will face substantial increases in their rates beginning in February. Allstate's rates are set to rise by 30%, while those of State Farm will go up by 21%.