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Confie is an American private insurance company that provides auto insurance, home insurance, life insurance, commercial insurance, and related products. [1] Confie is the ninth largest independent property and casualty insurance agency in the United States as of 2020.
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Freeway Insurance was founded in 1987 by Kelly Turton in Orange County, California. [7] Initially, the company’s focus was private passenger automobile insurance, [7] which was then acquired by Westline Corp., [7] which was then acquired by Confie, [8] one of the largest privately held insurance brokers in the United States [9] and a portfolio company of private equity firm ABRY Partners, in ...
"Premiums are increasing in fire-prone areas because insurance companies are dealing with more claims and bigger payouts," says Nick Ramirez, a California-based Goosehead insurance agent. "It’s ...
In December 2016, to fund product development, Hippo raised $14m in a series A round of venture capital financing, [8] and in April 2017 Hippo launched in California. [9] At launch, the company's marketing was centered on the delivery of a 60-second quote for homeowners insurance policies; a transparent, online purchase process; and smart home ...
Climate change and extreme weather have contributed to catastrophic fires that destroyed thousands of California homes in recent years — and an insurance crisis that could result in the biggest ...
The newly created Mercury Insurance Company wrote its first auto policy in 1977. [7] In 1989, Mercury began expansion outside of California, opening offices in Georgia and Illinois. The company insured more than 1 million vehicles in California by 1998. [7] This led to further expansion to Florida in 1998, New York in 2001, and Virginia in 2001 ...
Roughly one-fifth of the homeowners’ insurance premiums the company collects in the US come from California, according to Moody’s. Meanwhile, Allstate fell 5.6%, Travelers sank 4.3%, and Chubb ...