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National Indemnity Review

National Indemnity Ratings and Company Information

Company Rating:
Best Insurance Reports: A++
Url of page where rating was collected:
http://www.ambest.com/ratings/

Best Rating: A.M. Best rating: A++ (superior)
Standard & Poor's: AA+

Type of Insurance Company: Stock (parent)

Name of Parent Company:
Berkshire Hathaway Insurance Group

Insurance subsidiaries:
National Indemnity Company
National Liability & Fire Insurance Company
National Fire & Marine Insurance Company
National Indemnity Company of the South
National Indemnity Company of Mid-America
Columbia Insurance Company

Company Overview:
Company History: National Indemnity Company was founded in 1940 by Arthur and Jack Ringwalt in Omaha, Nebraska as a specialty insurance firm writing liability insurance on taxis. The company became a part of Berkshire Hathaway Inc. in 1967. In 1985 the company launched its Specialty Risk Division. Currently more than 440 employees work at the company's corporate headquarters.

Principle Sales Methods: Over 100 contracted general agents

Auto Business: National Indemnity sells public auto and commercial insurance for business, trucks and truckers, passenger transport, and specialty operations, such as funeral home and driver training vehicles, mobile concession vehicles, mass transit security vehicles, and municipality-owned vehicles.

Special Business: National Indemnity offers commercial garage, general liability, and cargo insurance.

Company Financial Status:
Assets & Premiums:
Total Admitted Assets as of 3/31/2014: $164.4 billion
Premium and agent balances as of 3/31/2014: $4.558 billion

Lines of Insurance:
Auto

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

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