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August 12, 2021
MAPFRE Insurance and AAA Washington have entered into definitive agreements to form a jointly owned insurance company to write automobile and homeowners insurance in Washington and North Idaho. The joint venture, which is subject to regulatory approval, will be known as the Auto Club MAPFRE Insurance Company. The company's products will be designed specifically for AAA members in Washington and North Idaho. AAA Washington is the largest independent personal-lines insurance agency in Washington, serving Washington and North Idaho. AAA Washington will remain an independent insurance agency and offer the new Auto Club MAPFRE Insurance Company's products under the AAA Insurance brand. It is anticipated that the joint venture will begin operations in the fourth quarter of 2022. MAPFRE Insurance serves policyholders in 13 states and is based in Massachusetts.