Yosemite

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Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

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UPDATED: Aug 20, 2020

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Company Details
Address: 601 N.W. Second Street
City: Evansville
State: IN
ZIP Code: 47708
Phone Number: 812-424-8031
AM Best Rating: A
URL where was collected the AM Best Rating: http://www.ambest.com/ratings/
Lines of Insurance: auto
States Licensed To Sell Insurance In: AL, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, WA, WV, WI, WY
Type of Insurance Company: Property and Casualty
Parent Company: Yosemite Insurance Company
Top executive Contact: Frederick W. Geissinger
Title of Top executive: Chairman
Ticker Symbol: AIG (Ameri
Assets & Premiums: American International Group, the ultimate parent of Yosemite Insurance company, had total revenues for 2006 of $113 billion and assets at year end of $979 billion, making it the 10th largest U.S. company ranked by revenues.
Company Rating 0 (0 reviews)

Company Overview:


Company History: Yosemite Insurance Company was founded in 1964 in California. In 1998, the state of incorporation was changed to Indiana. All the stock of Yosemite Insurance is owned by American General Finance Corporation, which provides consumer finance services in the U.S. and provides the marketing for Yosemite’s products. Yosemite is licensed in 47 states and it specializes in credit related insurance sold in conjunction with American General Finance’s consumer finance operations. Purchase of credit related property and casualty coverages or involuntary unemployment insurance policies are voluntary on the part of the purchaser, but property damage coverage for property pledged as collateral for loans is generally mandatory. The ultimate parent is American International Group which operates internationally through a large group of insurance subsidiaries. Private passenger auto physical damage insurance is Yosemite’s largest line in terms of premiums written with inland marine, unemployment, fire and allied lines also important. In 2005, California accounted for 15.9% of direct premium writings, followed by Illinois (10.3%), North Carolina (9.7%) and Indiana (8.4%).
Principle Sales Methods: All sales are through American General Finance, Inc.’s office network in conjunction with consumer credit transactions.

Auto Business: A primary line of business for Yosemite is private passenger auto physical damage insurance which is sold in conjunction with auto loans.

Special Business: Yosemite specializes in credit related insurance products.

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