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GEICO is a wholly owned subsidiary of Berkshire Hathaway, which provides coverage for more than 24 million motor vehicles owned by more than 15 million policy holders as of 2017. GEICO writes private passenger automobile insurance in all 50 U.S. states and the District of Columbia. The insurance agency sells policies through local agents ...
National Indemnity Company: Insurance and Finance 100% 1967/03/01 [50] $6.8 Million ($49.78 Million inflation adjusted) [51] Nebraska Furniture Mart: Furniture Related 80% 1983 [52] $60 Million [53] NetJets: Business Services 100% 1998 [54] $725 Million [55] Northern Natural Gas: Pipeline 92% 2002/08/01 $928 Million [56] A subsidiary of ...
National Indemnity was founded in 1940 by Jack Dabney Ringwalt. [23] In 2012, National Indemnity acquired workers' compensation insurer GUARD for $221 million. [24] Berkshire acquired See's Candies in 1972 for $25 million. [25] It produces boxed chocolates and other confectionery products in two large kitchens in California.
In this article we are going to list the 25 Largest Insurance Companies in the US by Assets. Click to skip ahead and jump to the 5 Largest Insurance Companies in the US by Assets. The insurance ...
National Indemnity: Berkshire Hathaway Assurance is a bond insurance company created by Berkshire Hathaway, Inc. in December 2007. [1] [2] [3] History.
In March 2007 National Indemnity Company, a subsidiary of Berkshire Hathaway, entered into an agreement with Equitas to assume of all of its assets and liabilities, provide an additional $7bn of reinsurance for its whole account, and take over the staff and management of the business. Equitas was renamed Resolute Management Services Limited.
The Travelers Companies, Inc., commonly known as Travelers, is an American insurance company. It is the second-largest writer of U.S. commercial property casualty insurance, and the sixth-largest writer of U.S. personal insurance through independent agents.
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.