The State Farm Mutual board of directors has selected President Jon Farney as the company’s next chief executive officer. Farney will succeed retiring CEO Michael Tipsord on June 1. Farney joined State Farm in 1993 and has served in a …
State Farm CEO Michael Tipsord said the nation’s top property/casualty insurer will likely never be the same following the pandemic – and that may be a good thing. “I don’t think we’ll ever go back to March 11,” said Tipsord, …
Allstate’s chief executive officer said his company will likely continue pushing for auto insurance rate hikes next year, and he expects the carrier’s largest mutual competitor—State Farm—to move in the same direction. Speaking at the Goldman Sachs 2022 U.S. Financial …
