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  2. New vs used car insurance - AOL

    www.aol.com/finance/vs-used-car-insurance...

    Financial strength: Companies with strong financial strength scores have historically been reliable for paying covered claims. Consider referring to AM Best to find a car insurance company’s ...

  3. Insurance company ratings explained - AOL

    www.aol.com/finance/insurance-company-ratings...

    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++ ...

  4. 3 of the Best and Worst Companies for Car Insurance - AOL

    www.aol.com/3-best-worst-companies-car-180017456...

    Since car insurance is regulated at the state level, there are 50 different pricing structures across the country, according to Consumer Reports. Some states require insurance companies to provide...

  5. DriveTime - Wikipedia

    en.wikipedia.org/wiki/DriveTime_Automotive_Group

    DriveTime encouraged its employees to develop new companies. In the early 2010s, it launched GO Financial. The new company began in 2011 as a DriveTime division, offering subprime retail financing, before becoming its own business. [4] In 2013, DriveTime introduced Carvana as an e-commerce used car dealer run by Ernie Garcia Jr. in Phoenix. [36 ...

  6. GAINSCO - Wikipedia

    en.wikipedia.org/wiki/GAINSCO

    The A.M. Best rating of the insurance subsidiary has increased multiple times moving from a “Vulnerable” financial strength rating of “B−” to the current “Excellent” financial strength rating of “A−”. On December 31 2020, State Farm Insurance announced its acquisition of GAINSCO as an owned subsidiary for $400 million. [3] [4]

  7. Western Mutual Insurance Group - Wikipedia

    en.wikipedia.org/wiki/Western_Mutual_Insurance_Group

    It commenced business on April 30, 1942. Residence Mutual Insurance Company was founded in 1949. On June 27, 1973, amended articles of incorporation changed the form of operation to that of a general mutual insurance company with multiple line authority and the present title of Western Mutual was adopted.

  8. A.M. Best Affirms Ratings of State Automobile Mutual ... - AOL

    www.aol.com/news/2013-05-09-am-best-affirms...

    OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has affirmed the financial strength rating (FSR) of A (Excellent) and issuer credit ratings (ICR) of "a" of State Automobile Mutual Insurance Company ...

  9. Demotech - Wikipedia

    en.wikipedia.org/wiki/Demotech

    Traditional companies such as AM Best, Moody's Investors Service, Standard and Poor’s, and Fitch Ratings do rate insurance providers, but typically only large national companies. [4] Demotech was founded in 1985 [ 1 ] [ 2 ] to provide financial analysis of, and actuarial services for, niche markets ignored by Big Three (credit rating agencies) .

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