Les, a former managing editor, insurance, at QuinStreet, has more than 20 years of experience in journalism. In his career, he has covered everything from health insurance to presidential politics.
Penny is an expert on insurance procedures, rates, policies and claims. She has extensive knowledge of all major insurance lines -- auto, homeowners, life and health insurance. She has been answering consumers’ questions as an analyst for more than 15 years and has been featured in numerous major media outlets, including the Washington Post and Kiplinger’s.
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Transamerica was built on the idea that financial security should be available to everyone. The company can trace its roots back to 1904 when Amadeo Giannini founded the Bank of Italy in San Francisco and gave residents loans to rebuild after the devastating 1906 earthquake and fire.
In 1928, he consolidated his bank into what would become Bank of America, and two years later acquired the Occidental Life Insurance Co. through a newly created holding company, Transamerica Corp. When the Bank Holding Company Act of 1956 made companies choose to divest its banks or its non-bank investments, Transamerica chose insurance. The company moved its headquarters into the iconic Transamerica Pyramid building when construction was completed in 1972.
Transamerica finished fourth for having the fewest complaints in the National Association of Insurance Commissioners ratings.
Policies/customers: 11 million customers
Agents: More than 2,000