Miles Burdine (center) presents a pictorial representation of Kingsport to Price and Ramey Insurance majority owner Keith Sims (left) and stockholder Brad Jenkins in honor of the firm's 100th year in business.
KINGSPORT — A small insurance agency opened up here to serve the people before Kingsport was chartered and when the Ford Model T was coming off the assembly line.
One hundred years later, Price & Ramey Insurance remains a staple business in Kingsport while it grows and branches out into East Tennessee.
Affiliate Tennessee locations in Greeneville, Elizabethton, Morristown and Dandridge will adopt the Price & Ramey name as the firm looks to expand its footprint into the Knoxville market, according to Alauna Pearce, Price & Ramey's director of Operations and Marketing.
"We acquired a number of different agencies and they will all change to become Price & Ramey," Pearce said.
The heart and soul of Price & Ramey for decades was Joe Wimberly, who became the firm's managing stockholder in 1951 and was a community stalwart in Kingsport up until his death in 2009.
In 1997, Wimberly sold stock in the firm to Keith Sims, who is now the majority owner of the business.
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