Affirmative Insurance
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.[3] HistoryIn 1998, the company founded in Addison, Texas as Instant Insurance Holdings, Inc.[3] In 2003, the company completed the acquisition of two non-standard automobile insurance companies from Vesta Insurance Group, Inc.[4] In 2004, the company completed the initial public offering.[4] In 2007, the company completed the acquisition of USAgencies, a provider of non-standard automobile insurance.[4] 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.[5] In 2015, the company filed for chapter 11 bankruptcy.[6] References
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