Editor’s Note: This article originally appeared in Insurance Journal’s Satire Issue, August 15, 2011. The content in this issue is not real and is not to be taken seriously. It’s supposed to be humorous. Seriously.
Indiana House Speaker Brian C. Bosma, R-Indianapolis, along with other House Republican legislators, hailed the passage of a bill to privatize giant State Farm Insurance.
“This is yet another victory in our campaign to create jobs,” Bosma said.
The measure passed the House, 60 to 40 along party lines. It previously passed the state Senate 30 to 20.
House Democratic leader Patrick Bauer, D-South Bend, said his party opposed the bill because State Farm, already a private company, is located in Illinois.
Gov. Mitch Daniels has vowed to sign the bill into law.
Topics Politics State Farm
Was this article valuable?
Here are more articles you may enjoy.
Chubb CEO Greenberg: Industry Has to ‘Put Arms Around’ AI Liability
Insurance M&A Down 27% in Q3 2026: OPTIS
EU Cyber Agency Warns Websites May Go Dark as PHP Prepares Critical Fix
PG&E Weighs Gas Business Separation Over California Fire Rules 

