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PEMCO Review

PEMCO 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- (excellent)

Type of Insurance Company: Mutual

Name of Parent Company:

Insurance subsidiaries:
PEMCO Insurance Co.
PEMCO Mutual Insurance Co
PEMCO Life Insurance Co.

Company Overview:
Company History: Founded 1950 to provide fire, auto, liability and property insurance to teachers and other public employees. Began selling life insurance in 1963. Serves residents of Washington State.

Principle Sales Methods: Career agents; online quotes available.

Life Annuity Business: PEMCO offers Whole and Term life insurance policies to residents of Washington State.

Auto Business: PEMCO offers Auto and Boat insurance policies to residents of Washington State.

Homeowners Business: PEMCO offers Homeowner, Condo, Renter and Personal Liability Umbrella insurance plans to residents of Washington State.

Special Business: PEMCO offers specialty insurance through its brokerage services division.

Company Financial Status:
Assets & Premiums: Assets: $100 - 250 Million (per A.M. Best)

Lines of Insurance:
Auto, Life, Homeowners

States licensed to sell insurance in:
WA

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