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We are an insurance safety net and partner in the insolvency system, fairly serving the people of Texas in an efficient and cost-effective way. TPCIGA, Mission statement According to the Texas State Auditor's Office, the "Association's purpose is to pay, fairly and in a timely manner, valid insurance claims involving insolvent property and ...
The company was formed based on a meeting of 25 United States Army officers on June 20, 1922, at the Gunter Hotel in San Antonio, Texas, to discuss the procurement of reliable and economical auto insurance. Despite initial success, by the late 1920s, a dispute between competing factions for control of the company threatened its long-term viability.
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Southwest Business Corporation (SWBC) is an American financial services company providing insurance, mortgage, and investment services to financial institutions, businesses, and individuals in the United States. Headquartered in San Antonio, Texas, SWBC employs nearly 2,600 people nationwide and is licensed to do business in all 50 U.S. states. [2]
In 1999, Frost Bank acquired Commerce Financial Corp. [9] and Frost Insurance Agency, a subsidiary of the bank acquired Professional Insurance Agents Inc. [10] In 2005-2006, the company acquired Alamo Bank of Texas, Horizon Capital Bank, Summit Bancshares Inc., and Texas Community Bank. [11] [12] In 2014, it acquired Western National Bank. [13]
In 2005, Arizona Home Insurance Company was purchased and incorporated into the group, writing policies solely in Arizona while the group continued to expand into Utah and New Mexico. The group began writing new construction home business in Texas with its builder agents in 2007. [2]