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US$1.617 billion (2018) [2] Owner. George Joseph and family (35.3%) [3] Number of employees. 4,300 [4] (2017) Website. www.mercuryinsurance.com. Mercury General Corporation is a multiple-line insurance organization that offers personal automobiles, homeowners, renters, and business insurance. Mercury's primary focus is automobiles and ...
8,440 [1] (2019) Parent. Allstate. National General Insurance, formerly the GMAC Insurance Group is a Winston-Salem, North Carolina -based property and casualty insurance company. The company was founded in 1920. The company is the only insurance company in the United States to originate within the automotive industry.
Mercury offered auto insurance policies with differing rates, based on a driver's record and experience, a first in the industry. [1] As of 2013, Mercury employs 4,000 agents and has $4 billion in assets. [1] Joseph remains actively involved in the operations of Mercury Insurance as the chairman of the board, but the CEO of the company is now ...
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Folksamerica Holding Co. (2000–2011) Allstate (2011–present) Website. esurance.com. Esurance Insurance Services, Inc. is an American insurance company. It sells auto, home, motorcycle, and renters insurance direct to consumers online and by phone. Founded in 1999, the company was acquired by Allstate in 2011.
In August 2019, Mercury paid a $27.6 million fine to the California Department of Insurance for findings that it had violated Proposition 103. It was the largest fine against a property and ...
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