Pasadena, Calif.-based The Rule Group, is celebrating its 100th anniversary.
In 1907, O. Rey Rule anticipated the impending need for casualty insurance and began offering protection to car buyers who spent as much as $850 for the 4-cylinder, 20 horsepower roadster launched in 1908, the company said. Now a century later, CEO and Chairman Robert W. Clemo said the company now offers property/casualty and surety services to a broad and diverse range of clients that include hotels, shopping centers, apartment complexes, manufacturers, food processors, fiduciary trusts, property owners, developers, contractors, and service businesses. The company also offers employee benefit plans, consulting and outsourcing employment benefit plan administration, among other services.
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