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1968 — American Express acquired Fireman's Fund. [6] Early 1980s — Outgrew its space in San Francisco and moved the headquarters north to Novato, California. 1984 — Insured the ABC telecast of the 1984 Olympics. 1985 — Fireman's Fund was sold off by American Express and became an independent company. 1991 — Allianz AG acquired Fireman ...
Farmers Insurance Group (informally Farmers) is an American insurer group of vehicles, homes and small businesses and also provides other insurance and financial services products. Farmers Insurance has more than 48,000 exclusive and independent agents and approximately 21,000 employees.
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 the United States by 1989.
California lawmakers have created a wildfire insurance fund with access to $21 billion that is meant to ensure that Southern California Edison remains solvent and victims' claims are paid in full.
California Casualty's home office is located in San Mateo, California. The company operates two virtual call centers. The company operates two virtual call centers. The Colorado Springs, Colorado location opened in 1994. [ 9 ]
UnitedHealth Group held its first earnings call since the shooting of its insurance executive last month.UnitedHealthcare CEO Brian Thompson was killed outside of an investor day meeting in New ...
In 2017, UPC Insurance merged with American Coastal Insurance Co. [10] Journey Insurance Company offers homeowners and commercial residential property insurance through independent agents and brokers in Florida, South Carolina, and Texas. [11] It received an “A−“ Financial Strength Rating and “a-“ Issuer Credit Rating from A.M. Best. [12]
Between 1984 and 1986, general liability insurance premiums increased 200 percent or more for one out of four charitable nonprofit organizations in California. During that same period, insurance companies canceled or refused to renew the general liability policies of one out of five California charitable nonprofits.