auto club News

Former Southern California Auto Club Agent Sues Insurer for ‘Illegal Practice’

A former insurance agent has filed a class action lawsuit in Southern California against Auto Club over what she alleges is an “illegal commission scheme” that penalizes agents who sell policies to people who previously did not have insurance. It …

Best Upgrades Fremont Ratings; Affirms Auto Club Group, P/C Members

A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A’ (Excellent) from ‘A-’ (Excellent) and issuer credit rating (ICR) to “a” from “a-” of Michigan-based Fremont Insurance Company, and has also affirmed the FSR of ‘A’ (Excellent) and …

Fremont Insurance Co. Ratings Upgraded; Auto Club Group Affirmed

A.M. Best Co. has upgraded the financial strength rating (FSR) to A (Excellent) from A- (Excellent) and issuer credit rating (ICR) to “a” from “a-” of Fremont Insurance Co. (Fremont) of Fremont, Mich. In addition, A.M. Best has affirmed the …

Fremont Michigan Shareholders Approve Auto Club Merger

Shareholders of Fremont Michigan InsuraCorp Inc. have approved the previously announced merger agreement with Auto Club Insurance Association. Based upon the preliminary tally of shares voted at the special meeting of shareholders, 1,358,246, or 76.1 percent, of the outstanding voting …

Fremont Michigan to Be Acquired by Auto Club Insurance

Fremont Michigan InsuraCorp Inc., a Michigan-exclusive property and casualty insurer, has agreed to be acquired by Auto Club Insurance Association (ACIA), a Michigan-domiciled reciprocal inter-insurance exchange. Under the terms of the announced merger agreement, ACIA will acquire all of the …