Got this info from Hagerty today, going public.

[Carolina_Mountain_Mustangs]

I am sure that everyone that has Hagerty Insurance got this message today that they will be going public this year and will be trading stock before the end of this year. <iframe title="vimeo-player" src="https://player.vimeo.com/video/588532710?h=40e6098877" width="640" height="360" frameborder="0" allowfullscreen></iframe>
Might no play for you but a short video giving some info.

 

[MKSpeedlab]

I got an email about it today as well. 

 

[clevelandcoupe]

Me too....

There goes the excellent customer service !!!

 

[Idaho Chris]

Me too....

There goes the excellent customer service !!!

...and the competitive rates.  As a public company there will be pressure to show consistent quarterly earnings growth.  I have rarely seen a company improve after going public.  The former private owners are now cashed out and the objectives/priorities will change.

 

[clevelandcoupe]

To be continued, in a conversation I had last week with my State Farm agent, he stated that they will be involved with Hagerty in some form. He didn't have any additional info as off yet.....

 

[jscott]

https://www.prnewswire.com/news-releases/hagerty-will-join-forces-with-state-farm-classic-insurance-company-to-introduce-state-farm-classic-301352278.html