Tag: AAA

AAA’s Decision to Drop Auto and Home Insurance Customers in Florida Spells Trouble for Policyholders

G. Turner
Home insurance - home and auto gone

Shortly after Farmers made a similar announcement, this insurer followed suit. AAA has announced that it will not be renewing auto and home insurance policies for some of its existing Florida customers, becoming the next in a growing list of insurers scaling back their business in the struggling state. Florida has been facing disasters in increasing frequency and severity, sending insurers fleeing. With the number of hurricanes and tropical storms leaving catastrophes behind in Florida, auto and home insurance companies in Florida are choosing not to renew policies for some…

Read More

ACIA announces acquisition of Fremont Insurance Company

Dearborn, Michigan-based Auto Club Insurance Association (ACIA) has announced its acquisition of the Fremont Insurance Company by way of a merger with Fremont’s parent company, Fremont Michigan InsuraCorp, Inc. The wide range of products offered by Fremont, its business position throughout northern and western Michigan, its strong relationships with independent agencies, and its solid financial performance are predicted to be advantageous to the ACIA from the very start, and should offer new potential and opportunities to both organizations. Based in Fremont, Michigan, the acquired insurer offers property and casualty insurance…

Read More