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Lines of Insurance: Auto, Homeowners States licensed to sell insurance in: AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY
Type of Insurance Company: Mutual; parent is stock Name of Parent Company: General Electric Company Overview:
Company History: Founded in 1927, the company was formed to provide GE with Workers’ Compensation insurance in Massachusetts. By the 1950’s, it began providing coverage nationally for GE, and expanded its product offering to include general liability and commercial auto.
Principal Methods: Career agents.
Auto Business: Electric Insurance sells Auto Insurnace only to GE employees, retirees and current customers.
Homeowners Business: Electric Insurance sells Homeowners Insurance only to GE employees, retirees and current customers.
Special Business: Electric Insurance sells only to GE employees, retirees and current customers. Company Rating: Best Insurance Reports: A- Url of page rating was collected: http://www.electricinsurance.com/about_02/industry_ratings.asp?VCF=WX Best Rating: A.M. Best rating: A- (excellent) Company Financial Status: Ticker Symbol: GE Assets & Premiums: Standard & Poor's rating: A (strong) |