ILSTV News

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How They Started: Allstate Insurance Company

Source: Jayleen R. Heft, PropertyCasualty360.com The idea for Allstate Insurance Company came during a bridge game on a commuter train in 1930, when insurance broker Carl L. Odell proposed the idea of selling auto insurance by mail to his neighbor, Sears Roebuck &...

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How They Started: State Farm Insurance

Source: Jayleen R. Heft, PropertyCasualty360.com State Farm was founded in 1922 in the small farming town of Bloomington, Ill. G.J. Mecherle, the founder of the company, didn't think it was fair that he and his fellow farmers and families in rural communities paid the...

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