Car Insurance
GMAC auto insurance now owned by American Capital
(BUSINESS WEEK) - Ownership of the GMAC Insurance property and casualty division has been fully transferred to American Capital Acquisition Corp, the company said Tuesday.
GMAC Insurance Personal Lines, which includes automobile, commercial vehicle, motorcycle and RV insurance offerings, will continue to operate as it had and its headquarters will remain in Winston-Salem, N.C.
The new CEO is Larry Pentis, who joined GMAC Insurance from The Commerce Group, where he ran all operations outside of Massachusetts. Effective immediately, he takes over CEO duties from interim executive Mary Hennessey.
GMAC Insurance Personal Lines has retained the right to use the name GMAC Insurance in association with its remaining insurance operations while a strategic review of all brand marketing is conducted.
Categories
- Autism Insurance
- Bank Insurance
- Bike Insurance
- Business Insurance
- Car Insurance
- caravan insurance
- child insurance
- combined insurance
- companies
- compensation insurance
- consumer insurance
- crop insurance
- Deposit Insurance
- Disability Insurance
- Disaster Insurance
- Farmers Insurance
- flood insurance
- health insurance
- home insurance
- hurricane insurance
- Industry News
- job insurance
- key man insurance
- Life Insurance
- loan insurance
- market news
- mortgage insurance
- motorcycle insurance
- Payment Protection Insurance
- pet insurance
- Property Insurance
- Retirement plan
- Social Security Disability Insurance
- storm insurance
- Tips and Tools
- Travel Insurance
- Uncategorized
- unemployment insurance
Discussion
No comments for “GMAC auto insurance now owned by American Capital”
Post a comment