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National General Insurance, formerly the GMAC Insurance Group is a Winston-Salem, North Carolina -based property and casualty insurance company. The company was founded in 1920. The company is the only insurance company in the United States to originate within the automotive industry. The holding company for National General Insurance Personal ...
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 ...
Vehicle insurance in the United States. Vehicle insurance in the United States (also known as car insurance or auto insurance) is designed to cover the risk of financial liability or the loss of a motor vehicle that the owner may face if their vehicle is involved in a collision that results in property or physical damage.
In 2023, the U.S. saw approximately 5.5 million auto insurance claims, with collision claims being the most frequent, occurring at a rate of about 4.2 per 100 insured vehicles.
The General Automobile Insurance Services, Inc., or simply The General, is a licensed insurance agency that is a subsidiary of PGC Holdings Corp. that focuses on auto insurance. In 2012, the company was acquired by American Family Insurance; The General brand still remains as a separate brand. [ 1] The General specializes in insuring drivers ...
Allstate added products throughout the 1950s, including fire insurance in 1954 and homeowners and life insurance in 1957. Allstate began selling insurance to Canadians in 1953. Allstate Insurance Company of Canada was incorporated in 1964. [ 10] (. In 1952 and 1953, Sears also sold an automobile called Allstate .)
In April 2015, Kemper acquired Alliance United Insurance Company, one of the fastest growing auto insurance providers in the State of California.Source: [14] In July 2018, Kemper acquired Infinity Property and Casualty Corporation (NASDAQ: IPCC), an auto insurance provider focused on serving the specialty, nonstandard segment, in a cash and stock transaction valued at approximately $1.4 billion.
Assurant, Inc. is a global provider of risk management products and services [ 3] with headquarters in Atlanta. [ 2] Its businesses provide a diverse set of specialty, niche-market insurance products in the property, casualty, extended device protection, and preneed insurance sectors. The company's main operating segments are Global Housing and ...