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In 1982 John M. Noel developed the Travel Guard product while he was working at Sentry Insurance. Soon, John purchased the rights to Travel Guard, [1] and by 1985, Travel Guard was operating out of the basement of its founder’s home. The company acquired Marathon Travel Shops in 1987. In 1991, French-based GMF acquired Travel Guard.
Travel Guard founder and American philanthropist, John M. Noel. John M. Noel (born February 26, 1948) is an American entrepreneur and philanthropist best known for founding Travel Guard International, [1] the world's largest travel insurer and a division of the American International Group subsidiary, Chartis.
Berkshire Hathaway Travel Protection (BHTP) is a North American-based travel insurance company, headquartered in Stevens Point, Wisconsin.. Business lines include traditional travel insurance offerings for leisure travelers, a travel-agent errors-and-omissions insurance group, travel insurance underwriting for Managing General Agents (MGAs) and claims administration services.
If you thought last year’s holiday travel was insane, well, buckle your seatbelt. AAA projects 79.9 million Americans will travel 50 miles or more from their home over Thanksgiving, an increase ...
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When losses hit the mortgage market in 2007–2008, AIG had to pay out insurance claims and also replace the losses in its collateral accounts. [46] AIG purchased the remaining 39% that it did not own of online auto insurance specialist 21st Century Insurance in 2007 for $749 million. [47]
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