$145 million in punitive damages (later reduced by the U.S. Supreme Court) after acting in bad faith. State Farm had to pay damages to the families of two car crash victims for whom Campbell was responsible, despite originally informing him and his family "that their assets were safe, that they had no liability for the accident, that [State Farm] would represent their interests, and that they did not need to procure separate counsel". Climate change Under CEO Michael L. Tipsord, State Farm has announced a Green Mission to "lead by example" in environmental philanthropy. Ceres has found that State Farm invests millions of US dollars to finance energy companies. Others place State Farm's fossil fuel investments at US $22.4 million. State Farm was viewed as not considering climate change in their investments. In order to rectify the situation and show its green credentials, State Farm has committed to reducing its greenhouse gas emissions by 50% by 2030. 80% of State Farm facilities now have an Energy Star score of 75% or higher; this is significantly above the average for Fortune 50 companies. LGBT On May 24, 2022, State Farm ended its partnership with GenderCool, an organization that seeks to raise awareness of "transgender and non-binary youth", after receiving backlash from right-wing and conservative political figures and media outlets. See also List of United States insurance companies State Farm Downtown Building Desjardins Group Desjardins Insurance References External links State Farm Research & Development Center at the University of Illinois Mutual insurance companies of the United States Auto insurance in the United States Life insurance companies of the United States Reinsurance companies Insurance companies based in Illinois Companies based in Bloomington–Normal American companies established in 1922 Financial services companies established in 1922 1922 establishments in Illinois Desjardins Group Privately held companies based in Illinois Property insurance companies Insurance companies of the United States