State Farm To Move Employees Out Of Downtown Bloomington
For the first time in nearly a century, State Farm employees will soon be without a home in downtown Bloomington.
The insurer announced Thursday that the final 150 workers in its downtown building will be moving to other locations in Bloomington by Feb. 1. Its part of a larger shift toward more collaborative physical workspaces for employees, making more segmented office space like the downtown building less useful for the company, said State Farm spokesperson Missy Dundov.
Recently State Farm has been creating more collaborative workspaceswith open floor plans, small-group areas, and conference roomsat its larger Corporate South and Headquarters buildings on Bloomingtons east side, Dundov said.
The downtown building just wasnt conducive to that collaborative working style weve turned to, she said.
There are no plans to sell the historic building, which once held 400 to 500 employees, she said. Once ongoing renovations are completed State Farm will figure out how we want to use it, she said.
The announcement comes amid a larger restructuring of State Farms IT operations, including voluntary buyouts for some Bloomington workers. The company says those changes will help it provide more sophisticated online and mobile solutions to customers in our fast-paced, hyper-connected world. Most IT operations will be located in Bloomington, with additional employees continuing in State Farms hub cities of Atlanta, Dallas, and Phoenix.
History In Bloomington
State Farm Insurance: Corporate Headquarters
Most Recent Comments
- May 2022 Things seemed to be going ok until, I changed my auto policies to another company. I saw I was being overcharged. Now they are taking advantage of my life policy..making false claims of not receiving payments.
- To big to fail and they know it and play it till the tee canceled people who have been with them for over 30 years and didn’t even give them a notice had to find out through the mortgage company like they say you better double check cause if you do the work you can find a insurance company that really cares about you…
- 15-20 years with State Farm and not one house claim ever. The first claim we ever make and State Farm refuses to cover it or even meet a qualified roofer to reinspect. Why have an agent if they won’t advocate for their client? Switched to cheaper insurance with better coverage for home and auto. You will not be missed.
State Farm Marks Century Of Growth
BLOOMINGTON One hundred years ago Tuesday, a farmer named George turned 45.
The next day he founded what would become the largest automobile, property and casualty insurer in North America and Bloomington-Normals largest employer.
Our success in life is not measured by our years but is measured by our accomplishments made, said George Mecherle, the first CEO of State Farm Mutual Automobile Insurance Company, in a speech on Founders Day 1950.
With 100 years of accomplishments under its belt, State Farm celebrates Founders Day and its centennial anniversary Tuesday, despite technically beginning operations on June 8, 1922.
The companys first board of directors voted to move the official founding date, declaring Founders Day to be June 7 in honor of Mecherles birthday, State Farm spokeswoman Gina Morss-Fischer told The Pantagraph.
What started with one policy sold by one farmer in Bloomington, Illinois, in 1922 has grown into a company that serves 88 million policies and accounts across the United States, said Michael Tipsord, State Farms sixth president and CEO. The momentum we feel in our 100th year to build another century of success is fueled by our mission to help people. We are thriving because employees, agents and their team members are motivated to be good neighbors for our customers, for their communities and for each other.
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State Farm Company History Timeline
State Farm began in 1922 as one man’s plan to offer low-cost automobile insurance to the farmers of Illinois: hence the name State Farm Mutual Automobile Insurance Company.
In 1926, a subsidiary, the City and Village Automobile Insurance Company, was formed.
In January 1929, the company formed a subsidiary, State Farm Life Insurance Company, which, like its parent company, has flourished.
State Farm expanded rapidly from the beginning, outgrowing its offices three times before 1929.
In its on-site museum, is a restored 1935 Mack Fire Truck, which symbolizes the beginning of the State Farm Fire and Casualty Company.
In 1935, State Farm began its Fire and Casualty Company.
State Farm Mutual Automobile Insurance Company, the cornerstone in the State Farm Insurance Companies group, has been the number one automobile insurer in the United States since 1942.
In March of 1944, in spite of the war, State Farm had one million auto insurance policies in effect.
After his first wife died in 1944, he then married his second wife Sylvia.
In 1946 State Farm began losing $1 million a month.
As part of a restructuring plan, branch offices were established in 1947, the first of which opened in Saint Paul, Minnesota, and a committee was appointed to restructure the overcrowded and disorganized Bloomington home office.
shriftgiesser, karl. the farmer from merna. new york, ny: random house, 1955.
In 1989, disaster-claim payments were more than twice as large as in any other year on record.
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State Farm Downtown Building
|State Farm Downtown Building, 2007|
|Show map of IllinoisShow map of the United States|
|Location||112 E. Washington St., Bloomington, Illinois|
|Archie Schaeffer and Phillip Hooton|
|Added to NRHP|
The State Farm Downtown Building, variously known as the State Farm Insurance Building or the State Farm Fire Building, is an Art Deco building in downtown Bloomington, Illinois. It served as the corporate headquarters for State Farm Insurance from its construction until 1974.