Latest Electricinsurance Headlines
All the headlines from our Electricinsurance Topic Page, ordered by recency.
RiverStone Acquires Electric Insurance; Plymouth Rock Gets Renewal Rights
Jun 3 2024 // RiverStone International reports it has closed on its acquisition of Electric Insurance Co. and its two subsidiaries, Elm Insurance Co. and Electric Insurance Agency. Electric Insurance is a Beverly,...
Credit Rating of Federated Rural Electric Insurance Exchange in Kansas Upgraded
Jun 25 2019 // AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a+” from “a” and affirmed the Financial Strength Rating (FSR) of A (Excellent) of Federated Rural Electric Insurance...
Federated Rural Electric Insurance Exchange Rating Upgraded
Apr 1 2013 // A.M. Best Co. has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and issuer credit rating to “a” from “a-” of Federated Rural Electric Insurance Exchange (FREIE or the...
Electric Insurance Acquires Renewal Rights for Millers First Personal Lines
Oct 18 2012 // Beverly, Mass.-based Electric Insurance Co. has entered into an agreement for renewal rights to preferred personal lines business of Millers First Insurance Co. and Millers Classified Insurance Co. (collectively...
Best Rates GE, Conoco/Phillips Captives, Electric and Sooner ‘A’
Jun 2 2009 // A.M. Best Co. has affirmed the financial strength ratings of ‘A’ (Excellent) and issuer credit ratings of “a” of Electric Insurance Group and its members – Electric Insurance Company (Beverly,...
Massachusetts Approves New Rates for Electric Insurance Co.
Nov 12 2008 // Beverly, Massachusetts-based personal lines insurer Electric Insurance Co. said the Massachusetts Department of Insurance has approved its newest rate filing, which will decrease its personal auto insurance rates by an...
Electric Insurance Co. Makes Multiple Agency Appointments
Nov 4 2008 // Beverly, Massachusetts-based personal lines insurer Electric Insurance Co., announced several new independent agency appointments in key areas of the country. The agencies that have received new appointments with Electric...
Meiches Named CEO at Electric Insurance
Jul 6 2006 // Electric Insurance Company in Beverly, Mass. has named Marc A. Meiches as president and chief executive officer, effective July 1, 2006. Meiches will succeed Larry Cohen who has been acting CEO since April 2005. Meiches...
Electric Insurance Adds Tiers to N.H. Auto Insurance Pricing
Jan 2 2006 // Effective Jan. 6, 2006, Electric Insurance will expand its automobile product reach in New Hampshire by introducing additional price points. Using a multivariate pricing model, Electric has developed rate levels that the...
Electric Insurance Company announces the launch of real-time auto quoting through IVANS Transformation StationTM
May 12 2004 // Electric Insurance appointed agents in Indiana, Illinois and Wisconsin who use Applied TAM now have the ability to conduct real-time auto quoting without leaving their agency management system. Real-time quoting eliminates...
Electric Insurance Notes Agency Offering
Oct 6 2003 // Electric Insurance Company recently began offering auto, home and personal umbrella protection though a select group of agents in six states. “We are very competitively priced for the middle market by design. Our 35...
Electric Insurance Announces Agency Offering
Sep 30 2003 // Electric Insurance Company recently began offering auto, home and personal umbrella protection though a select group of agents in six states. “We are very competitively priced for the middle market by design. Our 35...
Electric Insurance Co. Affirmed
Apr 21 2003 // S&P’s affirmed its “A” counterparty credit and financial strength ratings on Electric Insurance Co. (EIC) based on EIC’s strategic alliance with General Electric Co. (GE), extremely strong...
S&P Upgrades Electric Insurance
Feb 11 2002 // S&P raised its counterparty credit rating and FSR on Beverly, Mass.-based Electric Insurance Co. (EIC) to “A” from “A-.” The outlook is stable. S&P considers EIC’s statutory surplus...
S&P Upgrades Electric Insurance
Feb 11 2002 // S&P raised its counterparty credit rating and FSR on Beverly, Mass.-based Electric Insurance Co. (EIC) to “A” from “A-.” The outlook is stable. S&P considers EIC’s statutory surplus...
Electric Insurance Partners with Ebix.com
Apr 24 2001 // Visitors to ebix.com’s website, www.ebix.com, will now have direct access to the insurance products of Electric Insurance Company in 20 states. EIC, a Massachusetts-based direct writer specializing in automobile and...
Electric Ins. Offers Online Homeowners’ Quotes
Jan 10 2001 // Electric Insurance Company, a Massachusetts-based direct writer of automobile and homeowner’s insurance has unveiled its new online homeowner’s insurance quoting feature for 18 states. The new home quoting...
Electric Insurance Announces Affiliation with Insurance.com
Jun 12 2000 // Electric Insurance Company, a Massachusetts direct writer of automobile and homeowner’s insurance, announces the establishment of a new relationship with Insurance.com, an online insurance marketplace offering...
