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The company was based on Carl G. Brown, Sr.’s high ethical standards and business integrity. In 1917 California Casualty began offering auto insurance, followed by home insurance in 1954. His son, Carl G. Brown, Jr. took over as chairman in 1957 and, in 1965 codified his father's principles in the California Casualty Code. [3]
California is as car crazy as ever, with insurance rates increasing to match. Data analyzed by the insurance comparison website Insurify showed the average annual cost of full coverage in ...
The most well-known insurance specific rating company, the scores provided by AM Best are often considered the yardstick for financial strength in the industry. The highest rating offered is A++ ...
In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...
A.M. Best Affirms Ratings of Mercury General Corporation and Its Insurance Entities OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has affirmed the financial strength rating (FSR) of A+ (Superior ...
Forbes listed Mercury Insurance on its "100 Most Trustworthy Companies" in 2012 "America’s 50 Most Trusted Financial Companies" in 2014, 2015 and 2016. It has been rated "Excellent" by insurance industry rating agencies AM Best and Fitch. [6] Mercury Insurance was named one of "America’s Best Midsize Employers" by Forbes in 2017.
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