BNET Industries
Last Fiscal Year Sales:$34.1M
- Private
- US
Dow Jones Description
Life Insurance
Founder
William C. AdairNumber of Employees 160
Contact Information
1281 Murfreesboro Pike
Nashville, Tennessee 37217
(615) 399-4700
Peer Companies
NAICS Code Direct Life Insurance Carriers: 524113
News & Analysis
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direct insurance company inc. - All News and Analysis
CPEhr Prepares to Service Local Businesses When Employers Direct Insurance Company Vacates California
- 2009-07-07
CPEhr gears up to sign business as Employers Direct stops writing new coverage effective August 1 LOS ANGELES, July 7 /PRNewswire/ -- CPEhr, a Los Angeles-based human resources consulting firm, is preparing to service California employers currently insured by Employers Direct Insurance Co. Citing intense competition...
A.M. Best Downgrades Ratings of Employers Direct Insurance Company
- 2009-06-30
OLDWICK, N.J. -- A.M. Best Co. has downgraded the financial strength rating FSR to B++ Good from A- Excellent and issuer credit rating ICR to â??bbb+â?? from â??a-â?? of...
Employers Direct Insurance Company to Reposition itself in Californiaâ??s Workersâ?? Compensation Insurance Marketplace
- 2009-06-30
AGOURA HILLS, Calif. -- Citing the strain of escalating medical costs on the workersâ?? compensation system, increasingly intense price competition, and the uncertainty over the sustainability of the 2003-2004...
A.M. Best Revises Outlook to Negative for Employers Direct Insurance Company
- 2009-04-07
Wireless News 04-07-2009 A.M. Best Revises Outlook to Negative for Employers Direct Insurance Company Type: News A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of A- Excellent and issuer credit rating of "a-"...
A.M. Best Revises Outlook to Negative for Employers Direct Insurance Company
- 2009-04-01
OLDWICK, N.J. -- A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of A- Excellent and issuer credit rating of â??a-â??...
Employers Direct Insurance Company Assigned Rating of "A-" by A.M. Best Company
- 2007-08-21
AGOURA HILLS, Calif. -- Employers Direct Insurance Company, California's only specialty direct writer of workers' compensation insurance, today announced that A.M. Best has assigned it a financial strength rating of A- Excellent and an issuer credit rating of "a-". The A.M. Best financial size category FSC of Employers Direct is...
A.M. Best Assigns Ratings to Employers Direct Insurance Company
- 2007-08-20
OLDWICK, N.J. -- A.M. Best Co. has assigned a financial strength rating of A- Excellent and an issuer credit rating of "a-" to Employers Direct Insurance Company EDIC (Agoura Hills, CA). The outlook for both ratings is stable. EDIC is a wholly owned subsidiary of Alleghany Corporation Alleghany (NYSE: Y),...
Employers Direct Insurance Company
- 2007-03-19
James Little has been appointed to the state Fraud Assessment Commission. He is CEO of Agoura Hills-based Employers Direct Insurance Company and previously was president and CEO of Fremont Compensation Insurance Group.
Employers Direct Insurance Company Creates Higher Customer Satisfaction, Lower Costs with Liferay Portal
- 2006-11-02
Open Source Solution Drives Multiple Websites and Simplifies Content Management Duties for California's Workers' Compensation Specialist AGOURA HILLS, Calif. -- Liferay, a leading provider of enterprise-class open source software products, today announced that its Liferay Portal 4.1.1 technology is powering the corporate website for Employers Direct Insurance Company, California's...
Employers Direct Insurance Company Launches New Website
- 2006-09-14
AGOURA HILLS, Calif. -- Employers Direct Insurance Company, a direct writer of California workers' compensation insurance, today announced the launch of its new enhanced website especially developed for current and prospective customers. The new design at www.employersdirect.com was created to enhance navigation and content features for current policyholder customers...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| William C. Adair | Founder |
| William R Pentecost |
William C. Adair, Jr. founded Direct Insurance Company, our predecessor company, in 1991 and has served as Chairman of the Board since our inception. Mr. Adair became our Chief Executive Officer in April 1998, after having served in that position with us previously, and became President in March 2001. He has over 25 years experience in insurance and related industries, including automobile insurance and reinsurance, insurance agency operations and premium financing services, claims handling, auto salvage, auto body repair and appraisals. Mr. Adair is the husband of Jacqueline C. Adair and the father of Tammy R. Adair. Jacqueline C. Adair has been our Executive Vice President and Chief Operating Officer since September 2002. She also served as our President from September 1993 to April 1996 and Secretary from April 1996 to September 2002. Ms. Jacqueline Adair has also served as one of our directors since April 1991. She has over 20 years experience in the automobile insurance and related industries with particular experience in claims handling, auto salvage recoveries, marketing, underwriting, agency operations and other related operational aspects of an insurance and premium finance organization. Ms. Jacqueline Adair is the wife of William C. Adair, Jr. and the step-mother of Tammy R. Adair. Tammy R. Adair has been our Executive Vice President since September 2002. Prior to joining us, she spent eleven years as a founding partner in the law firm of Adair & Schuerman, P.C. and later formed Adair, Schuerman & White, an association of defense attorneys, which provided various legal services to us. She dedicated her practice to the insurance and premium finance industries, including bad faith litigation, claims handling, form filings, policy and procedure development, employment matters, acquisitions, regulatory compliance, corporate governance, and other legal and operational aspects of an insurance and premium finance organization. Ms. Tammy Adair is the daughter of William C. Adair, Jr. and the step-daughter of Jacqueline C. Adair.
| Organization | Position | Status |
|---|---|---|
| Direct General Corporation | Chairman of The Board, Chief Executive Officer and President | Current |
| Direct Insurance Company Inc. | Founder | Current |
| Direct General Financial Services | Chairman of the Board | Current |
| Direct General Financial Services | President | Former |
| White | Partner | Former |
Mr. Pentecost has been USAuto's Chief Information Officer since USAuto's inception of USAuto Insurance Company, Inc. in 1995. He has over 15 years experience with insurance company information systems with Graward General and Direct Insurance Company.
| Organization | Position | Status |
|---|---|---|
| First Acceptance Corp. | Chief Information Officer | Current |
| Usauto Insurance.Com | Chief Information Officer | Current |
| Direct Insurance Company Inc. | Current |
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Glass Door
Financial Services Industry Companies
| Company | Employer Rating |
| Wells Fargo |  |
| U.S. Bank |  |
| Bank of America | |
| Wachovia | |
| JPMorgan Chase | |
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