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Hagerty, Inc. is an American automotive lifestyle [1] and membership company, [2] as well as the world's largest provider of specialty insurance for classic vehicles. [ 3 ] [ 4 ] Hagerty is based in Traverse City, Michigan and also operates in Canada, Germany and the United Kingdom.
In 1980, the company became an insurance carrier when Essex Insurance Company was incorporated and licensed to write excess and surplus lines business. [5] In 1986, the Markel Corporation was listed on the NASDAQ exchange, with an IPO offered at $8.33 per share. The company's trading was moved to the NYSE in 1997. [6]
A.M. Best Assigns Ratings to Essentia Insurance Company OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has assigned a financial strength rating of A (Excellent) and issuer credit rating of "a+" to ...
McKeel Hagerty (born December 9, 1967) is an American entrepreneur, business personality and the CEO of Hagerty, an automotive lifestyle brand and specialty collectible insurance company headquartered in Traverse City, Michigan.
Hagerty's net income for the year is expected to rise as much as 163% compared to a year ago, with the company citing new business in its insurance and car marketplace divisions and cost-cutting ...
[6] In 1991, the company added coverage for classic cars. [7] In 2000, McKeel Hagerty, son of Frank and Louise, became CEO. [8] Under McKeel Hagerty’s guidance, the company developed an automotive media arm by launching Hagerty magazine [9] (ISSN 2162-8033), covering the classic and enthusiast vehicle market. In 2020, the magazine was renamed ...
From a page move: This is a redirect from a page that has been moved (renamed).This page was kept as a redirect to avoid breaking links, both internal and external, that may have been made to the old page name.
In 2022, news that 27 of Florida’s property insurance companies were potentially facing a financial rating downgrade from Demotech, the state’s primary financial rating firm, created panic in ...