State Farm

I'll verify the company profile and the litigation context.

State Farm — State Farm Mutual Automobile Insurance Company, trading as State Farm — is a US mutual (policyholder-owned) insurance and financial-services group. It is not publicly traded and has no ticker. Founded in 1922 by George J. Mecherle, it is headquartered at One State Farm Plaza, Bloomington, Illinois, and is the largest US writer of personal auto and homeowners insurance. Fortune's most recent profile lists FY2024 revenue of roughly $132 billion and about 64,000 employees; other trackers give employee figures in the 60,000–112,000 range, so headcount should be treated as approximate. It has operated as a mutual since its founding, with no external parent.

Operations. State Farm sells personal lines property-and-casualty insurance (auto, homeowners, renters), life insurance, and commercial/multi-line coverage, plus financial services through State Farm Bank and affiliated entities (banking, mutual funds, annuities, loans). Distribution runs mainly through a large exclusive-agent network — roughly 19,000 agents and some 19,000 offices — supplemented by direct channels including its HiRoad brand. It also develops and operates consumer mobile applications supporting policy servicing and claims, which are the accused products in the case below.

Litigation posture. In the tracked data, State Farm is a pure operating-company defendant: 1 case as defendant, 0 as plaintiff. That single matter is Plano Encryption Technologies, LLC v. State Farm Mutual Automobile Insurance Company, No. 2:16-cv-01072 (E.D. Tex., Marshall Division), filed October 3, 2016 and closed December 27, 2017 before Judge Rodney Gilstrap. The plaintiff, Plano Encryption Technologies (PET), is a Texas entity formed in 2015 as a wholly owned subsidiary of Delaware-based Koba Holdings, LLC; RPX describes PET as a single-employee licensing vehicle with a small patent portfolio, several patents originally issued to Intel. The case is therefore a classic NPE suit against a large operating company in a historically plaintiff-friendly venue.

Case context. PET asserted US Patent Nos. 5,991,399 and 5,974,550, directed at secure distribution of data and tamper-resistant software modules, against State Farm's iOS and Android mobile apps; the same two patents were asserted across PET's broader campaign against banks and consumer-app companies. State Farm did not merely defend: it petitioned the PTAB for inter partes review of both patents (IPR2017-01721 on the '399 patent and IPR2017-01783 on the '550 patent), citing the Aucsmith and Chang references. Internal records are unavailable, so settlement terms are not verifiable from public sources.