Amica Mutual Applauds Move to Managed Auto Competition in Massachusetts.LINCOLN, R.I. -- 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, Company, a prominent insurer in the Massachusetts automobile market since 1922, fully supports Commissioner Burnes' decision calling for managed competition in the Massachusetts market. In a competitive environment, Amica will create opportunities and flexibility for Massachusetts consumers seeking to meet their individual insurance needs at the best possible value. "Amica has been diligently dil·i·gent adj. Marked by persevering, painstaking effort. See Synonyms at busy. [Middle English, from Old French, from Latin d working for reform in the Massachusetts automobile market for many years, and is excited about the move to managed competition," said Robert A. DiMuccio, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Amica Mutual Insurance Company. "Amica will continue to work hard for consumers in the new environment to provide Massachusetts drivers with the best product and coverage options possible to meet their personal insurance needs." Amica is committed to rewarding good drivers and has offered discounted rates to Massachusetts drivers since 1999. Currently Amica offers a 15% multi-car credit for vehicles assigned a driver qualifying for the Excellent Driver Discount Plus classification of the Safe Driver Plan. This discount means eligible drivers realize a substantial savings off of the current state-set rates. Amica Mutual Insurance Company, a direct writer and the nation's oldest mutual insurer of automobiles, was founded in 1907. The company has insured Massachusetts drivers since 1922, and currently insures over 81,000 households in the Commonwealth. The company, with corporate headquarters in Lincoln, Rhode Island Lincoln is a town in Providence County, Rhode Island, United States. The population was 20,898 at the 2000 census. Lincoln is located in northeastern Rhode Island, and is north of Providence. is a national writer of automobile, homeowner, boat, yacht yacht: see motorboating; sailing. yacht Sail- or motor-driven vessel used for racing or recreation. The term is popularly applied to large recreational engine-powered boats; the sailboats known as yachts and used for racing are usually light and , and personal umbrella liability insurance. Life coverage is available through Amica Life Insurance Company, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. . For more information, please call us at 1 800-242-6422 or visit www.amica.com. |
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