Actived: 7 days ago
(6 days ago) In insurance, the insurance policy is a contract (generally a standard form contract) between the insurer and the policyholder, which determines the claims which the insurer is legally required to pay. In exchange for an initial payment, known as the premium, the insurer promises to pay for loss caused by perils covered under the policy language.
List of United States insurance companies
(1 days ago) This is a list of insurance companies based in the United States.These are companies with a strong national or regional presence having insurance as their primary business.. In 1752, Benjamin Franklin founded the first American insurance company as Philadelphia Contributionship.In 1820, there were 17 stock life insurance companies in the state of New York, many of which would …
(4 days ago) A mutual insurance company is an insurance company owned entirely by its policyholders.Any profits earned by a mutual insurance company are either retained within the company or rebated to policyholders in the form of dividend distributions or reduced future premiums. In contrast, a stock insurance company is owned by investors who have purchased company stock; any profits …
(4 days ago) Bond insurance, also known as "financial guaranty insurance", is a type of insurance whereby an insurance company guarantees scheduled payments of interest and principal on a bond or other security in the event of a payment default by the issuer of the bond or security. It is a form of "credit enhancement" that generally results in the rating of the insured security being the higher of (i) the
(8 days ago) The Allstate Corporation is an American insurance company, headquartered in Northfield Township, Illinois, near Northbrook since 1967. Founded in 1931 as part of Sears, Roebuck and Co., it was spun off in 1993. The company also has personal lines insurance operations in Canada.
(3 days ago) Workers' compensation or workers' comp (formerly workmen's compensation until the name was changed to make it gender-neutral) is a form of insurance providing wage replacement and medical benefits to employees injured in the course of employment in exchange for mandatory relinquishment of the employee's right to sue his or her employer for the tort of negligence.
(4 days ago) Liberty Mutual Group is an American diversified global insurer and the third-largest property and casualty insurer in the United States. It ranks 77th on the Fortune 100 list of largest corporations in the United States based on 2019 revenue. Based in Boston, Massachusetts, it employs over 45,000 people in more than 900 locations throughout the world.As of December 31, 2020, Liberty Mutual
American Family Insurance
(5 days ago) American Family Insurance, also abbreviated as AmFam, is an American private mutual company that focuses on property, casualty, and auto insurance, and also offers commercial insurance, life, health, and homeowners coverage as well as investment and retirement-planning products.A Fortune 500 company, its revenues were over $9.5 billion in 2017.
American Financial Group
(4 days ago) Additional insurance specialties include (but are not limited to) equine, trucking, executive liability, fidelity and crime, and agribusiness. Great American Financial Resources is a wholly owned subsidiary of American Financial Group and supplies a range of annuities, life insurance products and supplemental insurances to individuals and
Health maintenance organization
(1 days ago) In the United States, a health maintenance organization (HMO) is a medical insurance group that provides health services for a fixed annual fee. It is an organization that provides or arranges managed care for health insurance, self-funded health care benefit plans, individuals, and other entities, acting as a liaison with health care providers (hospitals, doctors, etc.) on a prepaid basis.
The Travelers Companies
(3 days ago) The main predecessor companies of The Travelers Companies, Inc. are The St. Paul Companies, Inc. and Travelers Property Casualty Corporation. Saint Paul Fire and Marine Insurance Co. was founded March 5, 1853, in St. Paul, Minnesota, serving local customers who were having a difficult time getting claim payments in a timely manner from insurance companies on the east coast of the United States.
(6 days ago) An insurance broker is an intermediary who sells, solicits, or negotiates insurance on behalf of a client for compensation. An insurance broker is distinct from an insurance agent in that a broker typically acts on behalf of a client by negotiating with multiple insurers, while an agent represents one or more specific insurers under a contract.. As of 2019, the largest insurance brokers in the
Directors and officers liability insurance
(2 days ago) Directors and officers liability Insurance (also written "directors’ and officers’ liability insurance"; often called "D&O") is liability insurance payable to the directors and officers of a company, or to the organization(s) itself, as indemnification (reimbursement) for losses or advancement of defense costs in the event an insured suffers such a loss as a result of a legal action
(Just Now) Prudential Financial, Inc. is an American Fortune Global 500 and Fortune 500 company whose subsidiaries provide insurance, investment management, and other financial products and services to both retail and institutional customers throughout the United States and in over 40 other countries.
(5 days ago) Aetna Inc. (/ ˈ ɛ t n ə /) is an American managed health care company that sells traditional and consumer directed health care insurance and related services, such as medical, pharmaceutical, dental, behavioral health, long-term care, and disability plans, primarily through employer-paid (fully or partly) insurance and benefit programs, and through Medicare.
(3 days ago) Aon plc (English: / ˈ eɪ ɒ n /) is a multinational British professional services firm that sells a range of financial risk-mitigation products, including insurance, pension administration, and health-insurance plans. Aon has approximately 50,000 employees in 120 countries.
(5 days ago) The Government Employees Insurance Company (GEICO / ˈ ɡ aɪ k oʊ /) is an American auto insurance company with headquarters in Chevy Chase, Maryland.It is the second largest auto insurer in the United States, after State Farm. GEICO is a wholly owned subsidiary of Berkshire Hathaway that provides coverage for more than 24 million motor vehicles owned by more than 15 million policy holders
(4 days ago) Home insurance, also commonly called homeowner's insurance (often abbreviated in the US real estate industry as HOI), is a type of property insurance that covers a private residence.It is an insurance policy that combines various personal insurance protections, which can include losses occurring to one's home, its contents, loss of use (additional living expenses), or loss of other personal
(7 days ago) Captive insurance is an alternative to self-insurance in which a parent group or groups create a licensed insurance company to provide coverage for itself. The main purpose of doing so is to avoid using traditional commercial insurance companies, which have volatile pricing and may not meet the specific needs of the company.
(Just Now) Ameriprise Financial, Inc. is a diversified financial services company and bank holding company incorporated in Delaware and headquartered in Minneapolis, Minnesota. It provides financial planning products and services, including wealth management, asset management, insurance…
Personal injury protection
(6 days ago) Personal injury protection (PIP) is an extension of car insurance available in some U.S. states that covers medical expenses and, in some cases, lost wages and other damages.PIP is sometimes referred to as "no-fault" coverage, because the statutes enacting it are generally known as no-fault laws, and PIP is designed to be paid without regard to "fault," or more properly, legal liability.
Social Security Disability Insurance
(6 days ago) Social Security Disability Insurance (SSD or SSDI) is a payroll tax-funded federal insurance program of the United States government.It is managed by the Social Security Administration and designed to provide income supplements to people who are physically restricted in their ability to be employed because of a notable disability (usually physical).SSD can be supplied on either a temporary or
Fireman's Fund Insurance Company
(4 days ago) Fireman's Fund provided Farm and Ranch insurance for American farmers since 1876 – owner occupied family farms and larger scale agricultural operations for ranchers, farmers, and dairy owners. Fireman's Fund was the first insurer in the United States to offer green insurance coverage for both personal and commercial lines, starting in 2006.
(4 days ago) The United Services Automobile Association (USAA) is a San Antonio-based Fortune 500 diversified financial services group of companies including a Texas Department of Insurance-regulated reciprocal inter-insurance exchange and subsidiaries offering banking, investing, and insurance to people and families who serve, or served, in the United States Armed Forces.
(4 days ago) Vehicle insurance (also known as car insurance, motor insurance, or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles.Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a vehicle. . Vehicle insurance may additionally offer
(8 days ago) Anthem is ranked 29th on the Fortune 500.. Prior to 2014, it was named WellPoint, Inc. The company was formed by the 2004 merger of WellPoint, based in California, and Anthem, based in Indianapolis, after both companies acquired several health insurance companies. The company operates as Anthem Blue Cross in California, where it has about 800,000 customers and is the largest health insurer.
(2 days ago) Reinsurance is insurance that an insurance company purchases from another insurance company to insulate itself (at least in part) from the risk of a major claims event. With reinsurance, the company passes on ("cedes") some part of its own insurance liabilities to the other insurance company. The company that purchases the reinsurance policy is called a "ceding company" or "cedent" or "cedant
FHA insured loan
(6 days ago) An FHA insured loan is a US Federal Housing Administration mortgage insurance backed mortgage loan that is provided by an FHA-approved lender. FHA insured loans are a type of federal assistance.They have historically allowed lower-income Americans to borrow money to purchase a home that they would not otherwise be able to afford. Because this type of loan is more geared towards new house
Home Insurance Building
(3 days ago) The Home Insurance Building was a skyscraper that stood in Chicago from 1885 to 1931. Originally ten stories and 138 ft (42.1 m) tall, it was designed by William Le Baron Jenney in 1884 and completed the next year. Two floors were added in 1891, bringing it to 180 feet (54.9 metres).
(8 days ago) Esurance Insurance Services, Inc. is an American insurance company. It sells auto, home, motorcycle, and renters insurance direct to consumers online and by phone. Its primary competitors are other direct personal insurance writers, mainly GEICO and Progressive.Founded in 1999, the company was acquired by Allstate in 2011.
Vehicle insurance in the United States
(8 days ago) Vehicle insurance, car insurance, or auto insurance in the United States and elsewhere, is designed to cover the risk of financial liability or the loss of a motor vehicle that the owner may face if their vehicle is involved in a collision that results in property or physical damage.Most states require a motor vehicle owner to carry some minimum level of liability insurance.
(6 days ago) Travel insurance is an insurance product for covering unforeseen losses incurred while travelling, either internationally or domestically.Basic policies generally only cover emergency medical expenses while overseas, while comprehensive policies typically include coverage for trip cancellation, lost luggage, flight delays, public liability, and other expenses.
(1 days ago) Private insurance is also available, mainly through professional organisations, to provide income-related compensation that otherwise exceeds the ceiling of the scheme. The comprehensive scheme is funded by tax. Saudi Arabia. Saudi Arabia is an economic welfare state with free medical care and unemployment benefits. However
California Department of Insurance
(4 days ago) The California Department of Insurance (CDI), established in 1868, is the agency charged with overseeing insurance regulations, enforcing statutes mandating consumer protections, educating consumers, and fostering the stability of insurance markets in California.The CDI has authority over how the insurance industry conducts business within California, and licenses and regulates the rates and
Corporate-owned life insurance
(Just Now) Corporate-owned life insurance (COLI), is life insurance on employees' lives that is owned by the employer, with benefits payable either to the employer or directly to the employee's families. Other names for the practice include janitor's insurance and dead peasants insurance.When the employer is a bank, the insurance is known as a bank owned life insurance (BOLI).
(7 days ago) An actuary is a business professional who deals with the measurement and management of risk and uncertainty. The name of the corresponding field is actuarial science.These risks can affect both sides of the balance sheet and require asset management, liability management, and valuation skills. Actuaries provide assessments of financial security systems, with a focus on their complexity, their
(3 days ago) Damage waiver or, as it is often referred to, collision damage waiver (CDW) or loss damage waiver (LDW), is optional damage insurance coverage that is available to you when you rent a car.. Car rental companies treat the CDW as a waiver of their right to make the renter pay for damages to the car. In many countries, it is a legal requirement to have CDW insurance included in the basic car
(8 days ago) Life insurance. Insurable interest refers to the right of property to be insured. It may also mean the interest of a beneficiary of a life insurance policy to prove need for the proceeds, called the "insurable interest doctrine". Specifically, insurable interest is: An interest based upon a reasonable expectation of pecuniary advantage through the continued life, health and bodily safety of
National Insurance Act 1911
(7 days ago) The National Insurance Act 1911 created National Insurance, originally a system of health insurance for industrial workers in Great Britain based on contributions from employers, the government, and the workers themselves.It was one of the foundations of the modern welfare state. It also provided unemployment insurance for designated cyclical industries.
Philippine Health Insurance Corporation
(9 days ago) The Philippine Health Insurance Corporation (PhilHealth) was created in 1995 to implement universal health coverage in the Philippines.It is a tax-exempt, government-owned and controlled corporation (GOCC) of the Philippines, and is attached to the Department of Health.Its stated goal is to "ensure a sustainable national health insurance program for all", according to the company.
(2 days ago) Anbang Insurance Group (Chinese: 安邦保险集团; pinyin: Ānbāng Bǎoxiǎn Jítuán) was a Chinese holding company whose subsidiaries mainly deal with insurance, banking, and financial services based in Beijing.As of February 2017, the company had assets worth more than CN¥1.9 trillion (US$301 billion). The Financial Times has described Anbang as "one of China’s most politically
List of insurance companies in Hong Kong
(Just Now) This is a list of insurance companies in Hong Kong. Source: "List of Authorized Insurers" (PDF).Office of the Commissioner of Insurance. 2007-11-26 Source: "Register of Authorized Insurers".Insurance Authority. 13 January 2021
(9 days ago) Reinsurance sidecars, conventionally referred to as "sidecars", are financial structures that are created to allow investors to take on the risk and return of a group of insurance policies (a "book of business") written by an insurer or reinsurer (henceforth re/insurer) and earn the risk and return that arises from that business. A re/insurer will only pay ("cede") the premiums associated with