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In insurance, a managing general agent is defined legally as "an individual or business entity appointed by an underwriting insurer to solicit applications from agents for insurance contracts or to negotiate insurance contracts on behalf of an insurer and, if authorized to do so by an insurer, to effectuate and countersign insurance contracts".
The General is a licensed insurance agency that is a subsidiary of Sentry Insurance that focuses on auto insurance.In 2012, the company was acquired by American Family Insurance; The General brand remained as a separate brand. [1]
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 was founded in 1920.
AIG was founded December 19, 1919 [1] when American Cornelius Vander Starr (1892–1968) established a general insurance agency, American Asiatic Underwriters (AAU), in Shanghai, China. [17] Business grew rapidly, and two years later, Starr formed a life insurance operation. [18]
In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...
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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