GM Insurance launches in three new states
General Motors Insurance is now offering car insurance in Alabama, Iowa, and Tennessee, bringing coverage to a total of 11 states.
GM National Insurance Company, the carrier subsidiary of GM, recently published its Q3 results. For the first nine months, the carrier reported $12.3 million in written premiums and a net underwriting loss of $41 million following $14.6 million in losses and loss adjustment expenses and $34 million in other underwriting expenses.
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