This is a person who is well-recognized by industry. This person has (or had) a senior leadership role in an insurance organization and would have a record of important accomplishments and contributions to the industry and society. Each year one Laureate would be chosen to represent the inductees in the Hall of Fame.
The selection of this person in this category will ideally help support all the strategic goals but especially the goal of attracting investment into programs that help attract students into the industry.
Edward B. Rust, Jr. is currently Chairman of State Farm Mutual Automobile Insurance Company (insurance). Previously he served as CEO of State Farm Mutual Automobile Insurance Company and as Chairman, President and CEO of State Farm Fire and Casualty Company, State Farm Life Insurance Company and other principal State Farm affiliates. He also previously served as President of State Farm Mutual Automobile Insurance Company and Trustee and President of State Farm Mutual Fund Trust and State Farm Variable Product Trust. Other current directorships: Helmerich & Payne, Inc. and McGraw-Hill Financial, Inc. Other directorships within the last five years: none. Mr. Rust has been a director of the Company since 2003.