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| Company type | Public |
|---|---|
| Traded as | AFFM |
| Industry | Property & Casualty Insurance |
| Founded | 1998 |
| Headquarters | Addison, Texas |
| Key people | Michael J. McClure (CEO) |
| Operating income |  US$ 209.761 million (2012) |
| Total assets | US$ 338.395 million (2012) |
| Total equity | US$ 133.254 million (2012) |
| Website | www |
Affirmative Insurance Holdings, Inc. is an American company that provides individual consumers non-standard personal automobile insurance policies and other related products through its subsidiaries, independent agents and unaffiliated underwriting agencies in the United States. The company provides liability-only policies including bodily injury liability coverage, property damage liability coverage, personal injury protection coverage and medical payment coverage.
History
In 1998, the company founded in Addison, Texas as Instant Insurance Holdings, Inc.
In 2003, the company completed the acquisition of two non-standard automobile insurance companies from Vesta Insurance Group, Inc.
In 2004, the company completed the initial public offering.
In 2007, the company completed the acquisition of USAgencies, a provider of non-standard automobile insurance.
In 2013, Confie Seguros, a rapidly growing national provider of personal lines insurance signed an agreement to acquire the retail distribution arm of Affirmative Insurance Holdings, Inc.
In 2015, the company filed for chapter 11 bankruptcy.
References
- traded symbols
- ^ "Selected Financial Data".
- ^ "49855 (AFFM) Company Profile & Facts - Yahoo Finance". Yahoo Finance.
- ^ "Affirmative Insurance Holdings, Inc". Archived from the original on 2014-02-27. Retrieved 2014-02-19.
- "Confie Seguros to Acquire Retail Agency Group from Affirmative Insurance Holdings, Inc. - Yahoo Finance". Archived from the original on 2014-03-06. Retrieved 2014-02-25.
- "Office of the Special Deputy Receiver - Affirmative Insurance Company". www.osdchi.com. Retrieved 2016-09-03.