Auto Insurance Defination
Source(Google.com.pk)
Joseph was nearly 24 years old when the war ended. He quickly found a job, applied for admission to Harvard (on the GI Bill) and was married in June 1946. "I was anxious to get going with my life," he says. "I was also anxious to get out of school as quickly as possible, so I took more courses than the average student and finished up quicker."
He graduated Harvard in a snappy three years, but certainly didn't take the easy route. Joseph majored in both math and physics.
"Harvard had a terrific reputation and was the pinnacle for learning, so once I graduated (in 1949) and moved on in life, I couldn't blame any failures on lack of education," he says, harking back to his mother's admonition. "I did, however, want to work on guided missiles once I graduated, but I found I needed a Master's degree. I couldn't wait for that, so I went to the library to do research and read about actuarial programs that insurance companies had. It was basically mathematics, so that was a natural fit for me."
He began working for the Occidental Life Insurance Company in Los Angeles within a few months.
"The actuarial work was very interesting, but there were limits on what I could do with that," he says. "I learned a lot about hard work from being a child of the Depression, so I also began working evenings as a life insurance salesman. Soon, I was making more money at night than I was making all day long."
A lot of his customers began asking George about auto and home insurance, so he tried to persuade Occidental management to allow its agents to offer a full line of coverage. When the company declined, his remedy was to begin packaging auto and home insurance from another company with the Occidental life policies he was already selling.
This led to his belief that the private passenger auto insurance system simply wasn't very flexible. Back in the '50s, everyone paid the same rate, regardless of their driving record. Joseph decided he could create a new system by developing an insurance company that used different factors to create fair and equitable rates for a variety of drivers"I learned a long time ago that if you're not active in politics, then you can't create change that benefits the consumer," says Joseph, who is currently involved with legislation for the November 2012 California ballot that will allow insurance companies to offer discounts to new customers who have had continuous auto insurance coverage, regardless of the company with which they've been insured. "We're always looking for ways to save our customers money, because we know that the more competitive our product is, the more policies we'll sell. And to create these opportunities, we sometimes need to work within the political system."
Mercury, which operated exclusively in California until 1990, has evolved to become a multiple-line insurance organization offering mainly personal auto and homeowners insurance through independent agents in 13 states.
"Policyholders depended very much on their agent when we started Mercury 50 years ago," says Joseph.
Source(Google.com.pk)
Joseph was nearly 24 years old when the war ended. He quickly found a job, applied for admission to Harvard (on the GI Bill) and was married in June 1946. "I was anxious to get going with my life," he says. "I was also anxious to get out of school as quickly as possible, so I took more courses than the average student and finished up quicker."
He graduated Harvard in a snappy three years, but certainly didn't take the easy route. Joseph majored in both math and physics.
"Harvard had a terrific reputation and was the pinnacle for learning, so once I graduated (in 1949) and moved on in life, I couldn't blame any failures on lack of education," he says, harking back to his mother's admonition. "I did, however, want to work on guided missiles once I graduated, but I found I needed a Master's degree. I couldn't wait for that, so I went to the library to do research and read about actuarial programs that insurance companies had. It was basically mathematics, so that was a natural fit for me."
He began working for the Occidental Life Insurance Company in Los Angeles within a few months.
"The actuarial work was very interesting, but there were limits on what I could do with that," he says. "I learned a lot about hard work from being a child of the Depression, so I also began working evenings as a life insurance salesman. Soon, I was making more money at night than I was making all day long."
A lot of his customers began asking George about auto and home insurance, so he tried to persuade Occidental management to allow its agents to offer a full line of coverage. When the company declined, his remedy was to begin packaging auto and home insurance from another company with the Occidental life policies he was already selling.
This led to his belief that the private passenger auto insurance system simply wasn't very flexible. Back in the '50s, everyone paid the same rate, regardless of their driving record. Joseph decided he could create a new system by developing an insurance company that used different factors to create fair and equitable rates for a variety of drivers"I learned a long time ago that if you're not active in politics, then you can't create change that benefits the consumer," says Joseph, who is currently involved with legislation for the November 2012 California ballot that will allow insurance companies to offer discounts to new customers who have had continuous auto insurance coverage, regardless of the company with which they've been insured. "We're always looking for ways to save our customers money, because we know that the more competitive our product is, the more policies we'll sell. And to create these opportunities, we sometimes need to work within the political system."
Mercury, which operated exclusively in California until 1990, has evolved to become a multiple-line insurance organization offering mainly personal auto and homeowners insurance through independent agents in 13 states.
"Policyholders depended very much on their agent when we started Mercury 50 years ago," says Joseph.
Insurance Agent and Home Eservice ins and Life Claims Insurance Claims Insurance PHone Number
Insurance Agent and Home Eservice ins and Life Claims Insurance Claims Insurance PHone Number
Insurance Agent and Home Eservice ins and Life Claims Insurance Claims Insurance PHone Number
Insurance Agent and Home Eservice ins and Life Claims Insurance Claims Insurance PHone Number
Insurance Agent and Home Eservice ins and Life Claims Insurance Claims Insurance PHone Number
Insurance Agent and Home Eservice ins and Life Claims Insurance Claims Insurance PHone Number
Insurance Agent and Home Eservice ins and Life Claims Insurance Claims Insurance PHone Number
Insurance Agent and Home Eservice ins and Life Claims Insurance Claims Insurance PHone Number
Insurance Agent and Home Eservice ins and Life Claims Insurance Claims Insurance PHone Number
Insurance Agent and Home Eservice ins and Life Claims Insurance Claims Insurance PHone Number
Insurance Agent and Home Eservice ins and Life Claims Insurance Claims Insurance PHone Number
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