SAN FRANCISCO, Aug. 8, 2011 /PRNewswire/ -- Esurance, the
direct-to-consumer personal car insurance company, today announced
that the company donated $50,000 to
The Trevor Project, the leading national organization providing
crisis intervention and suicide prevention services to lesbian,
gay, bisexual, transgender, and questioning (LGBTQ) youth.
To view the multimedia assets associated with this release, go
to: http://multivu.prnewswire.com/mnr/esurance/48128/
(Logo:
http://photos.prnewswire.com/prnh/20090826/ESURANCELOGO)
Esurance recently launched the charitable giving campaign on its
Facebook page. For each new "Like," the company donated
$10 to The Trevor Project to help
support the Trevor Lifeline, a 24/7 crisis intervention phone
hotline offering free and confidential suicide prevention
counseling to youth nationwide.
With Twitter and Facebook support from The Trevor Project
itself, and the mentions from celebrities such as Perez Hilton, Jonathan
Knight of New Kids on the Block, and others spreading the
word, Esurance quickly reached its stated goal of $50,000.
To thank fans who generously supported the campaign, Esurance
created a video tribute that features individual employees from the
company's Dallas, Sacramento, San
Francisco, Sioux Falls, and
Tampa offices. The employees thank
the Facebook community for their help in reaching their donation
goal, and discuss the company's commitment to The Trevor
Project.
To view the video, please go to
http://blog.esurance.com/trevor-project-thank-you/
Esurance was one of the first companies to offer car insurance
discounts to domestic partners who list on the same policy, and has
earned a 100% rating on the Human Rights Campaign's Corporate
Equality Index four years in a row. The company also promotes and
sponsors Pride events around the country. For more information on
Esurance's diversity and inclusion initiatives and community
involvement, visit its Diversity and Inclusion page.
About Esurance®
Esurance, a subsidiary of White Mountains Insurance Group, Ltd.
(NYSE: WTM), provides personal auto insurance direct to consumers
online and through select agents, including sister company, Answer
Financial. Esurance is dedicated to constantly improving the way
people shop for, buy, and manage their auto insurance. By combining
the best of technology with industry know-how, Esurance is able to
offer hassle-free coverage with 24/7 customer service and claims
handling at competitive prices.
Through Esurance's website, www.esurance.com, customers can get
instant car insurance quotes, view comparison quotes, buy an
Esurance policy, and print their insurance cards— all in minutes.
Esurance also offers policyholders the ability to make policy
changes and file claims instantly online, demonstrating its
commitment to improving the entire insurance process from quote to
claim.
Answer Financial, also a subsidiary of White Mountains, is one
of the largest independent personal lines insurance agencies in the
country. Answer Financial offers comparison quotes and provides
auto and property insurance from more than a dozen top-rated
insurance companies through its website, www.answerfinancial.com,
and over the phone. In May 2011,
White Mountains announced that it signed a definitive agreement to
sell Esurance and Answer Financial to The Allstate Corporation
(NYSE: ALL), the nation's largest publicly held personal lines
insurer. The transaction is subject to regulatory and other
customary closing conditions, including review by antitrust
authorities and state regulators, and is expected to close in the
fall of 2011.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995
This press release may contain "forward-looking statements"
within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. All statements,
other than statements of historical facts, included or referenced
in this release which address activities, events or developments
which we expect or anticipate will or may occur in the future are
forward-looking statements. The words "will," "believe," "intend,"
"expect," "anticipate," "project," "estimate," "predict" and
similar expressions are also intended to identify forward-looking
statements. These forward-looking statements include, among others,
statements with respect to White Mountains':
- changes in adjusted book value per share or return on
equity;
- business strategy;
- financial and operating targets or plans;
- incurred losses and the adequacy of its loss and loss
adjustment expense reserves and related reinsurance;
- projections of revenues, income (or loss), earnings (or loss)
per share, dividends, market share or other financial
forecasts;
- expansion and growth of our business and operations; and
- future capital expenditures.
These statements are based on certain assumptions and analyses
made by White Mountains in light of its experience and perception
of historical trends, current conditions and expected future
developments, as well as other factors believed to be appropriate
in the circumstances. However, whether actual results and
developments will conform to our expectations and predictions is
subject to a number of risks and uncertainties that could cause
actual results to differ materially from expectations,
including:
- the risks associated with Item 1A of White Mountains' 2010
Annual Report on Form 10-K;
- claims arising from catastrophic events, such as hurricanes,
earthquakes, floods or terrorist attacks;
- the continued availability of capital and financing;
- general economic, market or business conditions;
- business opportunities (or lack thereof) that may be presented
to it and pursued;
- competitive forces, including the conduct of other property and
casualty insurers and reinsurers;
- changes in domestic or foreign laws or regulations, or their
interpretation, applicable to White Mountains, its competitors or
its clients;
- an economic downturn or other economic conditions adversely
affecting its financial position;
- recorded loss reserves subsequently proving to have been
inadequate;
- actions taken by ratings agencies from time to time, such as
financial strength or credit ratings downgrades or placing ratings
on negative watch;
- other factors, most of which are beyond White Mountains'
control.
Consequently, all of the forward-looking statements made in this
press release are qualified by these cautionary statements, and
there can be no assurance that the actual results or developments
anticipated by White Mountains will be realized or, even if
substantially realized, that they will have the expected
consequences to, or effects on, White Mountains or its business or
operations. White Mountains assumes no obligation to publicly
update any such forward-looking statements, whether as a result of
new information, future events or otherwise.
SOURCE Esurance