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State Farm's Record-Breaking Growth Linked to Racketeering Enterprises

Since 2011, State Farm Mutual Automobile Insurance Company has boasted in Annual Reports to Policyholders mailed to consumers and available on the company's website touting its record growth attributing it to 'good management' and the ethical business practices of the company. A civil RICO complaint (4:19-cv-119) filed in the United States District Court for the Eastern District of Texas alleges more than $200 billion in growth posted by State Farm Mutual Automobile Insurance Company was not due to the lawful efforts of the company's employees, but actually due to the company's engagement in acts of conspiracy and racketeering to defraud customers. The complaint alleges five Individual Defendants, led by State Farm Mutual Automobile Insurance Company Chairman & CEO Michael Tipsord, conspired to create an "association-in-fact" racketeering enterprise known as "the State Farm Group."