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The General began selling insurance in 1963, under the company name Permanent General Agency. [4] Later, the name was changed to Permanent General Assurance Corporation (PGAC), and in 2012, it was announced that Permanent General and all affiliated companies will unify under the one brand name "The General."
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 Lines is National General Holdings Corp. As of August 2016, the company was owned by Barry Karfunkel and his family.
According to its website, The General started in 1963 under the company name Permanent General Agency and is headquartered in Nashville. In 2000, the company began selling insurance online, and in ...
General insurance is typically defined as any insurance that is not determined to be life insurance. It is called property and casualty insurance in the United States and Canada and non-life insurance in Continental Europe. In the United Kingdom, insurance is broadly divided into three areas: personal lines, commercial lines and London market.
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The 2012 acquisition of The General Insurance. [7] The 2013 acquisition of Homesite Insurance. [8] The inaugural jersey sponsor of the 2017 MLS expansion team Atlanta United FC [9] The 2017 partnership with Milwaukee World Festival Inc. to become the first presenting sponsor of Summerfest in Milwaukee. [10]
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.
TruStage is the insurance arm of TruStage Financial Group, which is rated "A" (Excellent; 3rd highest out of 16 possible ratings) by credit rating agency A.M. Best as of February 2017. [ 11 ] TruStage Financial Group first registered the TruStage brand trademark in 2010, and it was first used commercially in 2013. [ 12 ]
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