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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] State Farm is the 42nd largest company in the United States on the Fortune 500 [2] and the country’s largest auto and home insurer. [3] [4]
Home mortgages are available countrywide over the phone or through agents. [12] In the 1950s, State Farm held a contest among the agents to come up with ideas to expand the State Farm business. Robert H. Kent, a State Farm agent in Chicago, came up with the idea of providing auto loans to existing policyholders.
He graduated from Illinois State University with a B.A. in Agribusiness. He is a fourth generation farmer and for 25 years has owned and operated his family farm. For 19 years he has been a member of the Kankakee County Farm Bureau Board of Directors. [4]
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Edward Barry Rust Jr. (born August 3, 1950) [1] was chairman of the board of State Farm Mutual Automobile Insurance Company, Bloomington, Illinois.He is a former President and Chief Executive Officer of State Farm Mutual Automobile Insurance Company and State Farm Fire and Casualty Company, State Farm Life Insurance Company and other principal State Farm affiliates.
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In 1962, Kennedy ran for Illinois's 13th congressional district, but lost to Republican candidate Donald Rumsfeld. [1] Kennedy was the co-founder and vice-chairman of the Winnetka Democratic Club. [2] Kennedy was elected to the Illinois House of Representatives in the 1964 election, [2] which was held at-large due to the legislature's failure ...
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