Amica Insurance Named to Ward's 50 Benchmark Group; It is the Only Rhode Island-Based Insurance Company to Make the Property-Casualty List.LINCOLN, R.I.--(BUSINESS WIRE)--Oct. 20, 1997--Amica, the 90-year-old mutual insurance company headquartered in Lincoln, R.I., recently was named to the Ward's 50 Benchmark Group which recognizes the top 50 performing insurance companies in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . This is the fourth consecutive year that Amica has made the Ward 50 list. Ward Financial Group, which conducted the analysis, is a Cincinatti-based management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects and investment banking firm specializing in the insurance industry. Through a five-step, in-depth analysis, Ward Financial identifies the 50 companies nationwide that have excelled at balancing safety, consistency and performance over the past five years (1992-1996), then Ward Financial benchmarks their performance with the industry overall. Some 3,000 property-casualty insurance companies were analyzed as part of the study. "Amica is proud to again earn the distinction of being named to the Ward's 50 Benchmark Group. It is flattering to know that our financial performance is among the industry's best," said Thomas A. Taylor, Amica president and chief executive officer. "We pride ourselves on being fiscally responsible. Ultimately this translates into providing a full product line and high quality service to all of our policyholders." Amica was founded in 1907 and is the nation's oldest mutual insurer of automobiles. The company, with corporate headquarters in Lincoln, R.I., is a national writer of automobile, homeowners, marine, and personal umbrella insurance refers to insuring more than one property as opposed to insuring only one. For example the owner might get a discount for insuring both his house and car rather than insuring them with separate policies because it might cost more. . Amica employs more than 3,000 people in 40 offices across the country. CONTACT: Amica Mutual Insurance Amica Mutual Insurance is a mutual insurance company founded in 1907 and located in Lincoln, Rhode Island offering primarily auto, home, and life insurance. The company is licensed in 49 US states with most business concentrated in the Northeastern United States, Florida, Texas, Co., John Connors John Joseph Connors VC (October 1830–January 29, 1857), was born in Davaugh, Listowel, County Kerry, Ireland and was an Irish recipient of the Victoria Cross, the highest and most prestigious award for gallantry in the face of the enemy that can be awarded to British and , (Ext. 4867) Dale Huff huff - To compress data using a Huffman code. Various programs that use such methods have been called "HUFF" or some variant thereof. Opposite: puff. Compare crunch, compress. , (Ext. 4235) 401/334-6000; 1-800-242-6422 |
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