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Company type | Subsidiary |
---|---|
Industry | Insurance, finance |
Founded | 1920 |
Headquarters | Winston-Salem, North Carolina, U.S. |
Products | Vehicle insurance, Home insurance |
Revenue | US$5.0 billion 2018[1] |
Number of employees | 8,440[1] (2019) |
Parent | Allstate |
National General Insurance, formerly the GMAC Insurance Group is a Winston-Salem, North Carolina–based property and casualty insurance company. The company was founded in 1920. The company is the only insurance company in the United States to originate within the automotive industry.
The holding company for National General Insurance Personal Lines is National General Holdings Corp. As of August 2016, the company was owned by Barry Karfunkel and his family. Barry Karfunkel became the president of the company when Michael Karfunkel died.[2]