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Allstate Insurance Company, named after Sears’ tire brand, went into business on April 17, 1931, offering auto insurance by direct mail and through the Sears catalog. [8] This was in line with one of the objectives of a company to sell automobile insurance in the same manner as Sears sold its merchandise.
Official Website. Encompass Insurance is a subsidiary of Allstate Corporation and is one of the largest personal property and casualty insurance brands sold through a network of more than 6,500 independent agent locations across the United States. The company that would become Encompass was founded in 1897 and officially became the Encompass ...
The company's two initial insurance companies were founded in 1965 in Cincinnati, OH. Collectively, the insurance companies of American Modern Insurance Group are licensed to do business in all states. American Modern's ultimate parent is Munich Re, one of the 100 largest companies in the world in annual revenue.
In 1999, CNA sold its personal insurance division to Allstate. That personal insurance company is now Encompass Insurance Company, a subsidiary of Allstate. In 2002, CNA exited the life, group and reinsurance business. On January 1, 2004, CNA sold its Group Benefits division to The Hartford, based in Hartford, Connecticut.
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an ...
Allstate (2011–present) Website. esurance .com. Esurance Insurance Services, Inc. is an American insurance company. It sells auto, home, motorcycle, and renters insurance direct to consumers online and by phone. Founded in 1999, the company was acquired by Allstate in 2011.
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