Insurance

MetLife Corporate Office

The Metropolitan Life Insurance Company or MetLife for short began in 1863 as the National Union Life and Limb Insurance Company.

In 1868, the company name was changed to Metropolitan Life Insurance Company and the company began to focus on life insurance.

By 1909, MetLife was the largest life insurer in the US.

By 1930, the company insured 20% of the US and Canadian populations.

In 1998, the company changed from a customer owned corporation to a publicly owned one. This was followed by an IPO in 2000.

In 2005, the company acquired Travelers Life & Annuity.

In 2010, the company purchased American Life Insurance Company (Alico) from AIG.

Today, MetLife is one of the largest providers of insurance, annuities and employee benefit programs in the world. The company currently serves 90 million customers in 60 countries.

MetLife

The Metropolitan Life Insurance Company or MetLife for short began in 1863 as the National Union Life and Limb Insurance Company.

In 1868, the company name was changed to Metropolitan Life Insurance Company and the company began to focus on life insurance.

By 1909, MetLife was the largest life insurer in the US.

History

By 1930, the company insured 20% of the US and Canadian populations.

In 1998, the company changed from a customer owned corporation to a publicly owned one. This was followed by an IPO in 2000.

In 2005, the company acquired Travelers Life & Annuity.

In 2010, the company purchased American Life Insurance Company (Alico) from AIG.

Today, MetLife is one of the largest providers of insurance, annuities and employee benefit programs in the world. The company currently serves 90 million customers in 60 countries.

Berkshire Hathaway Corporate Office

Berkshire Hathaway was founded in 1839 by Oliver Chance as the Valley Falls Company.

In 1929, the company merged with Berkshire Cotton to form Berkshire Fine Spinning Associates.

In 1955, the company merged with Hathaway Manufacturing to form Berkshire Hathaway.

In 1962, Warren Buffett began buying stock in Berkshire Hathaway. By 1964, he owned the majority of the company, which was failing.

In 1967, Buffett expanded the business into the insurance industry with the purchase of the National Indemnity Company.

In the late 1970s, the company acquired a large position in Government Employees Insurance Company (GEICO).

In 1985, Berkshire Hathaway ceased all textile manufacturing and became a holding company.

Today, Berkshire Hathaway owns many popular companies such as GEICO, Dairy Queen, NetJets and Fruit of the Loom. The company also owns substantial portions of Heinz, American Express, Coca-Cola and IBM.

Berkshire Hathaway

Berkshire Hathaway was founded in 1839 by Oliver Chance as the Valley Falls Company.

In 1929, the company merged with Berkshire Cotton to form Berkshire Fine Spinning Associates.

In 1955, the company merged with Hathaway Manufacturing to form Berkshire Hathaway.

History

In 1962, Warren Buffett began buying stock in Berkshire Hathaway. By 1964, he owned the majority of the company, which was failing.

In 1967, Buffett expanded the business into the insurance industry with the purchase of the National Indemnity Company.

In the late 1970s, the company acquired a large position in Government Employees Insurance Company (GEICO).

In 1985, Berkshire Hathaway ceased all textile manufacturing and became a holding company.

Progressive Corporate Office

Progressive was founded in 1937 by Jack Green and Joseph Lewis as Progressive Mutual Insurance Company.

In 1951, the company moved into a new headquarters in downtown Cleveland, Ohio after outgrowing their first office.

In 1955, Joe Lewis died and Jack Green becomes CEO. Joe’s son, Peter Lewis, begins working for the company.

In 1956, the company begins an auto insurance program for high-risk drivers.

In 1965, Peter Lewis becomes CEO.

In 1974, the company moves headquarters to Mayfield Village, Ohio where they still reside today.

In 1987, the company is listed on the NYSE.

The company states that it has plans to hire at least 7,500 new employees, in a statement released in December 2017.

In late 2018, the company announced that it was going to offer small businesses the opportunity to compare, quote, and buy cyber insurance, online, through a site called CyberPolicy.

In addition to rising gas prices, consumers are also seeing auto insurance premium increases in early 2022.

Today, Progressive is one of the largest automobile insurers in the US. The company also provides property and casualty lines.

Progressive

Progressive was founded in 1937 by Jack Green and Joseph Lewis as Progressive Mutual Insurance Company.

In 1951, the company moved into a new headquarters in downtown Cleveland, Ohio after outgrowing their first office.

History

In 1955, Joe Lewis died and Jack Green becomes CEO. Joe’s son, Peter Lewis, begins working for the company.

In 1956, the company begins an auto insurance program for high-risk drivers.

In 1965, Peter Lewis becomes CEO.

In 1974, the company moves headquarters to Mayfield Village, Ohio where they still reside today.

In 1987, the company is listed on the NYSE.

The company states that it has plans to hire at least 7,500 new employees, in a statement released in December 2017.

In late 2018, the company announced that it was going to offer small businesses the opportunity to compare, quote, and buy cyber insurance, online, through a site called CyberPolicy.

In addition to rising gas prices, consumers are also seeing auto insurance premium increases in early 2022.

Today, Progressive is one of the largest automobile insurers in the US. The company also provides property and casualty lines.

Liberty Mutual Corporate Office

Liberty Mutual was founded in 1912 as the Massachusetts Employees Insurance Association (MEIA) after a law was passed in 1911 requiring employers to provide worker’s compensation.

In 1914, the first branch office was opened in Springfield, Massachusetts, and the company wrote their first auto policy.

In 1917, the company name was changed to Liberty Mutual Insurance Group. Full coverage auto insurance was also offered.

By 1936, Liberty Mutual is the #1 policy writer for worker’s compensation insurance and in 1937, the company is licensed to operate in the 48 continental United States.

In 1964, the company began to offer life insurance and establish a Skid Control school, designed to prevent accidents.

By 1972, the company was writing more than $2 billion in premiums annually.

In 2002, the company converted to its mutual holding company structure.

In 2006, the company launched their very successful “Responsibility” TV campaign.

In 2008, the company acquired SafeCo.

Today, Liberty Mutual is the third largest property and casualty insurer in the US and has numerous subsidiaries, including:

American Fire & Casualty
America First Insurance
Colorado Casualty
Consolidated Insurance Company
Golden Eagle Insurance
Indiana Insurance
Liberty Mutual Surety
Liberty Northwest
Liberty SuretyFirst
Montgomery Insurance
Ohio Casualty
Ohio Security
West American
Peerless Insurance

Liberty Mutual Insurance

Liberty Mutual was founded in 1912 as the Massachusetts Employees Insurance Association (MEIA) after a law was passed in 1911 requiring employers to provide worker’s compensation.

In 1914, the first branch office was opened in Springfield, Massachusetts, and the company wrote their first auto policy.

History

In 1917, the company name was changed to Liberty Mutual Insurance Group. Full coverage auto insurance was also offered.

By 1936, Liberty Mutual is the #1 policy writer for worker’s compensation insurance and in 1937, the company is licensed to operate in the 48 continental United States.

In 1964, the company began to offer life insurance and establish a Skid Control school, designed to prevent accidents.

By 1972, the company was writing more than $2 billion in premiums annually.

In 2002, the company converted to its mutual holding company structure.

In 2006, the company launched their very successful “Responsibility” TV campaign.

In 2008, the company acquired SafeCo.

Today, Liberty Mutual is the third largest property and casualty insurer in the US and has numerous subsidiaries, including:

American Fire & Casualty
America First Insurance
Colorado Casualty
Consolidated Insurance Company
Golden Eagle Insurance
Indiana Insurance
Liberty Mutual Surety
Liberty Northwest
Liberty SuretyFirst
Montgomery Insurance
Ohio Casualty
Ohio Security
West American
Peerless Insurance

Allstate Corporate Office

Allstate was founded in 1925 as a division of Sears. Allstate was originally a tire brand but became an insurance brand in 1931. They originally sold auto insurance via direct mail.

In 1950, David Ellis created the slogan, “You’re in good hands with Allstate”. The company added fire, homeowners and life insurance in the 1950’s.

In 1967, the company headquarters was moved from Skokie to Northbrook, where it still resides today.

In 1985, Allstate agents began to move out of Sears stores and into neighborhood offices.

In 1995, Sears spun off Allstate as a separate company.

In 1999, the company acquired the personal lines of CNA Financial and renamed them under the Encompass Insurance brand.

In 2003, Dennis Haysbert was hired as the Allstate spokesperson.

In 2010, Dean Winters was hired as part of Allstate’s “Mayhem” advertising campaign.

In 2018, the company announced it would hire 2,500 more people in Arizona and that they were considering opening a campus headquarters in Phoenix, Arizona.

Allstate

Allstate was founded in 1925 as a division of Sears. Allstate was originally a tire brand but became an insurance brand in 1931. They originally sold auto insurance via direct mail.

In 1950, David Ellis created the slogan, “You’re in good hands with Allstate”. The company added fire, homeowners and life insurance in the 1950’s.

History

In 1967, the company headquarters was moved from Skokie to Northbrook, where it still resides today.

In 1985, Allstate agents began to move out of Sears stores and into neighborhood offices.

In 1995, Sears spun off Allstate as a separate company.

In 1999, the company acquired the personal lines of CNA Financial and renamed them under the Encompass Insurance brand.

In 2003, Dennis Haysbert was hired as the Allstate spokesperson.

In 2010, Dean Winters was hired as part of Allstate’s “Mayhem” advertising campaign.

In 2018, the company announced it would hire 2,500 more people in Arizona and that they were considering opening a campus headquarters in Phoenix, Arizona.