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George Jacob "G.J." Mecherle [1] (pronounced "Ma-herl") (June 7, 1877 - March 10, 1951) was the founder of State Farm, headquartered in Bloomington, Illinois.Mecherle, a farmer who later became an insurance agent, founded State Farm after becoming dissatisfied with the insurance rates charged to farmers, as those rates included the risks of city drivers as well.
State Farm was founded in June 1922 by retired farmer George J. Mecherle as a mutual automobile insurance company owned by its policyholders. [10] The firm specialized in auto insurance for farmers and offered better rates than rival companies, which must also cover expensive premiums of the urban motorists. [ 11 ]
The company's founder, George Mecherle, moved into an office on the Downtown Building's eighth floor in 1940. [7] Since 1951, the office has been left intact by the company. State Farm's historian claims that "90% of Mecherle's original material is still in the office."
Agriculture, the construction of highways and railroads, and the growth of the insurance business all influenced the growth of Bloomington and its downtown. Most notably, State Farm was founded in June 1922 by retired farmer George J. Mecherle as a mutual automobile insurance company specializing in insurance for farmers. [11]
George J. Mecherle: Jun 7, 1877: Mar 10, 1951: Founder of State Farm Insurance Lived and died in Bloomington Marc W. Miller: 1947: Award-winning game designer Lives in Bloomington Verne Winchell: Oct 30, 1915: Nov 26, 2002: Founder of Winchell's Donuts Born in Bloomington
Michael L. Tipsord (born June 20, 1959) is the chairman of the board of State Farm Insurance in Bloomington, Illinois.Tipsord replaced Edward B. Rust Jr. as chairman on September 1, 2015. [1]
== Spouse Sylvia Mae Harbaugh Mecherle (m. 1944–1951) (his death) ==** She was one of the passengers of the RMS Titanic according to the Encyclopedia Titanica : [ 1 ] ^ "Wife of State Farm Founder Dies at 80" .
The State Farm Mutual Automobile Insurance Company was founded in Bloomington, Illinois by tractor salesman George J. Mecherle, who had organized a mutual insurance company to lower the rates of farmer in central Illinois. [23]