List of United States insurance companies

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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.

Contents

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 subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in the United States by 1989. [1]

U.S. insurance companies

Property and casualty insurance

Life and annuity

Health insurance (major medical insurance)

Medicare

Workers' compensation

See also

Related Research Articles

<span class="mw-page-title-main">Cigna</span> American health services organization

The Cigna Group is a for-profit American multinational managed healthcare and insurance company based in Bloomfield, Connecticut. Its insurance subsidiaries are major providers of medical, dental, disability, life and accident insurance and related products and services, the majority of which are offered through employers and other groups. Cigna is incorporated in Delaware.

<span class="mw-page-title-main">Allstate</span> American insurance company

The Allstate Corporation is an American insurance company, headquartered in Glenview, Illinois since 2022. Founded in 1931 as part of Sears, Roebuck and Co., it was spun off in 1993, but was still partially owned by Sears until it became an independent company completely in June 1995. The company also has personal lines insurance operations in Canada.

<span class="mw-page-title-main">MetLife</span> Large American insurance company

MetLife, Inc. is the holding corporation for the Metropolitan Life Insurance Company (MLIC), better known as MetLife, and its affiliates. MetLife is among the largest global providers of insurance, annuities, and employee benefit programs, with 90 million customers in over 60 countries. The firm was founded on March 24, 1868. MetLife ranked No. 43 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.

The Transamerica Corporation is an American holding company for various life insurance companies and investment firms operating primarily in the United States, offering life and supplemental health insurance, investments, and retirement services. The company has major offices located in Baltimore, Maryland; Cedar Rapids, Iowa; Denver, Colorado; Norwood, Massachusetts; Exton, Pennsylvania; Harrison, New York; Johns Creek, Georgia; Plano, Texas; and St. Petersburg, Florida. Additional affiliated offices are located throughout the United States. In 1999, it became an independent subsidiary of multinational company Aegon.

<span class="mw-page-title-main">Mutual of Omaha</span> American insurance and financial company

Mutual of Omaha is a Fortune 500 mutual insurance and financial services company based in Omaha, Nebraska. Founded in 1909 as Mutual Benefit Health & Accident Association, Mutual of Omaha is a financial organization offering a variety of insurance and financial products for individuals, businesses and groups throughout the United States.

Thrivent Financial for Lutherans, trading as Thrivent, is an American Fortune 500 not-for-profit financial services organization headquartered in Minneapolis, Minnesota, and Appleton, Wisconsin, and founded by Lutherans. As a member-owned fraternal benefit society, it operates under a chapter system, serving nearly 2.3 million members.

<span class="mw-page-title-main">Axa</span> French multinational insurance firm

Axa S.A. is a French multinational insurance company headquartered in the 8th arrondissement of Paris. It also provides investment management and other financial services.

<span class="mw-page-title-main">American Family Insurance</span> American private mutual company

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.

Genworth Financial, headquartered in Richmond, Virginia, provides life insurance, long-term care insurance, mortgage insurance, and annuities.

<span class="mw-page-title-main">Unum</span> American insurance company

Unum Group is an American insurance company headquartered in Chattanooga, Tennessee. Founded as Union Mutual in 1848 and known as UnumProvident from 1999-2007, the company is part of the Fortune 500. Unum Group was created by the 1999 merger of Unum Corporation and The Provident Companies and comprises four distinct businesses – Unum US, Unum UK, Unum Poland and Colonial Life. Its underwriting insurers include The Paul Revere Life Insurance Company and Provident Life and Accident Insurance Company. Unum is the top disability insurer in both the United States and United Kingdom and also offers other insurance products including accident, critical illness and life insurance.

<span class="mw-page-title-main">Ameriprise Financial</span> Financial services company

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, annuities, and estate planning.

A mutual insurance company is an insurance company owned entirely by its policyholders. It is a form of consumers' co-operative. 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 generated by a stock insurance company are distributed to the investors without necessarily benefiting the policyholders.

The Guardian Life Insurance Company of America is one of the largest mutual life insurance companies in the world. Based in Manhattan, it has approximately 8,000 employees in the United States and a network of over 3,000 financial representatives in more than 70 agencies nationwide. As of 2018, it ranks 239th on the Fortune 500 list of largest American corporations by revenue. In 2015, Guardian achieved the highest earnings in its 155-year history with $7.3 billion in capital and $1.5 billion in operating costs. Founded in Manhattan in 1860, the company offers a wide range of insurance products and services, including life insurance, disability income insurance, annuities, investments, and dental and vision insurance coverage.

Assurant, Inc. is a global provider of risk management products and services with headquarters in Atlanta. Its businesses provide a diverse set of specialty, niche-market insurance products in the property, casualty, extended device protection, and preneed insurance sectors. The company’s main operating segments are Global Housing and Global Lifestyle.

Ameritas Life Insurance Corp. is a mutual insurance company. It is owned by Ameritas Mutual Holding Company, headquartered in Lincoln, Nebraska, United States. The company includes Ameritas Mutual Holding Company (AMHC) and Ameritas Holding Company (AHC), as well as Ameritas Life Insurance Corp. of New York.

Edward "Ed" Liddy is an American businessman who was chairman of the Allstate Corporation from 1999 to 2008.

<span class="mw-page-title-main">AIA Group</span> Hong Kong multinational insurance and finance company

AIA Group Limited, often known as AIA, is a Hong Kong-based multinational insurance and finance corporation. It is the largest publicly listed life insurance group in Asia-Pacific. It offers insurance and financial services, writing life insurance for individuals and businesses, as well as accident and health insurance, and offers retirement planning, and wealth management services, variable contracts, investments and securities.

<span class="mw-page-title-main">Mutual Life Insurance Company of New York</span> American life insurance company

The Mutual Life Insurance Company of New York was the oldest continuous writer of insurance policies in the United States. Incorporated in 1842, it was headquartered at 1740 Broadway, before becoming a wholly owned subsidiaries of AXA Financial, Inc. in 2004.

References

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  2. ↑ "AIG selling 21st Century Insurance to Farmers Insurance", Los Angeles Times , 17 April 2009
  3. ↑ 21st Century Insurance lays off 50 in WIlmington, Delaware Online
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  7. ↑ Insurance Journal: Wisconsin's Robertson Ryan & Associates Acquires Allied Insurance Centers, Insurance Journal, 12 January 2017
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  9. ↑ Stratton, Jim (1997). "AAA Junks Its Formal Name, Soups Up Logo". Orlando Sentinel. Archived from the original on October 2, 2012. Retrieved September 3, 2010.
  10. ↑ "American Family Insurance acquires software firm Networked Insights". Milwaukee Journal Sentinel. Retrieved 2019-03-21.
  11. ↑ Hollmer, Mark (August 13, 2019). "AIG CEO Duperreault 'Encouraged' by Hardening Market, Plans Operational Overhaul". Insurance Journal. Retrieved September 4, 2019.
  12. ↑ "AIG Announces Changes to Its Organizational Structure". AIG. No. September 25, 2017.
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  14. ↑ Dulaney, Chelsey. "Progressive Unveils Plans To Buy Home Insurer ASI". Wall Street Journal. ISSN   0099-9660 . Retrieved 2015-11-18.
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  17. ↑ In brief: Nebraska Ameritas location begins $1 million renovation, Omaha World-Herald, 6 March 2015
  18. ↑ Lincoln-based Ameritas discloses data breach, Lincoln Journal-Star, 30 July 2019
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  21. ↑ Nicole Friedman (June 8, 2017). "Berkshire Unit Settles With California Regulator Over Workers Comp Insurance". The Wall Street Journal. Archived from the original on June 13, 2017. Retrieved June 13, 2017.
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  28. ↑ "Warren Buffett, Berkshire Hathaway buying Pilot Flying J truck stops". USA Today. Archived from the original on June 19, 2018. Retrieved October 4, 2017.
  29. ↑ Smith, W.H. (2001). Mennonites in Illinois. Studies in Anabaptist and Mennonite history. Wipf & Stock Publishers. p. 296. ISBN   978-1-57910-771-0 . Retrieved August 21, 2017.
  30. ↑ "CareSource names new CEO, replacing Morris". Dayton Daily News.
  31. ↑ "ACE and Chubb Are Now One; New Chubb Brand Logo Unveiled". Insurance Journal. 2016-01-15. Retrieved 2018-08-15.
  32. ↑ Ostrow, Nicole (March 22, 1999). "State-run insurer shedding policies". Florida Times-Union. Retrieved 18 February 2013.
  33. ↑ Bloomberg News, Allstate to Buy CNA's Personal Insurance Unit, published in the Los Angeles Times (June 10, 1999). Retrieved on August 18, 2012.
  34. ↑ Dill, Kathryn. "America's 50 Most Trustworthy Financial Companies". Forbes. Retrieved 27 October 2019.
  35. ↑ Daniel F. Cuff (12 November 1982). "President Leaves Colonial Life in Rift". The New York Times. Retrieved 30 March 2014.
  36. ↑ Martin, Douglas "Clement Stone Dies at 100; Built Empire on Optimism", New York Times, 5 September 2002
  37. ↑ "Country Financial". Fortune. Retrieved 2019-02-11.
  38. ↑ Lynn, Jordan (27 July 2017). "Brooklyn Underwriting announces expansion to Melbourne, Brisbane". Insurance Business Australia.
  39. ↑ CPP-owned Wilton Re buys Transamerica's Canadian business, Advisor, 16 October 2014
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