US Insurance Companies

The insurance industry in USA covers risks like auto insurance, disability insurance, expatriate insurance, general liability insurance, health insurance, life insurance, pet insurance, property and causality insurance, renter insurance, travel insurance and worker’s compensation insurance.
The average American has the option to insure himself from a host of uncertainties. Life insurance is the most important form of insurance. People’s participation in this sector is on the rise with the increase in consciousness and affluence. Having a cash value policy packaging insurance and savings are popular in America.

Some of the major life insurance companies in America are as follows:

AAA d.b.a. Western United
Aetna
Allstate Insurance Company
Alfa life Insurance
American National Insurance Company
Bankers Life and Casualty Company
Farm Bureau Insurance
Banner Life
Foresters
Health insurance in America provides permanent coverages where the insured person can keep the policy for as long as he pays the premium. This policy protects the insured from expensive treatments. Individual and family policies normally cannot be canceled in America. Health insurances guards against financial bankruptcy while undergoing treatment. For healthy individuals, policies are less expensive. Rather than participating in group plans, individual policies for family members are encouraged.

American Insurance Companies
American International Group (AIG) Pacific Life Mutual of Omaha Insurance
Metlife Genworth Financial Symetra Financial
Prudential Financial Travelers Ambac Financial Group
UnitedHealth Group United Services Automobile Association (USAA) Assurant
TIAA-CREF Loews MBIA
Berkshire Hathaway Thrivent Financial for Lutherans Progressive
Hartford Financial Services Unum Group W.R. Berkley
New York Life Insurance Company (NYLIC) CNA Financial American Family Insurance Group
Lincoln National Protective Life Corporation Torchmark Corporation
State Farm Insurance Chubb Old Republic International
Massachusetts Mutual Life Insurance Guardian Life Insurance Company of America Auto-Owners Insurance
Northwestern Mutual Western & Southern Financial Group Cincinnati Financial
Principal Financial American Financial Group Erie Insurance Group
Nationwide CNO Financial Group (Conseco) Marsh & Mclennan
Allstate Reinsurance Group of America ACE American Insurance Company
Liberty Mutual Insurance Group American Equity Investment Life Holding Company Primerica Inc
Aon Fidelity National Financial

 

Life Insurance
MetLife The Hartford
Prudential financial Pacific Life
TIAA-CREF Unum Group
New York life insurance Torchmark Corporation
Lincoln national ING
Massachusetts Mutual Life Insurance Protective Life Corporation
Principal financial AXA

 

Business Insurance
American International Group Liberty Mutual Insurance
Berkshire Hathaway Group Nationwide
Allstate Progressive
Hartford Financial Group Loews Corporation (CNA)
The Travelers Companies Chubb

 

Some of the major companies doing health insurance are as follows:

Aetna
American Family Insurance
American Medical Security Life Insurance Company
Anthem
Assurant
Asuris Northwest Health
Blue Cross and Blue Shield Association
Celtic Insurance Co.
CIGNA
Coventry
Continental General
Fortis
Auto insurance is another important form of insurance in America. It provides liability coverage which protects against cost of injury and damage caused to another in an automobile accident. It consists of bodily injury liability and property damage liability. Auto liability insurance is a must in almost every city of America. The medical bills of the covered driver, family members and passengers are paid by the insurance companies in case of accidents. Uninsured motorists coverage provides cover for cost of injury caused by another driver who is not covered. Collision coverage helps to pay for repairs done to damaged cars.

Some major insurance providing companies in this sector are as follows:

American Automobile Association:

AIG
Allstate
American Family Insurance
Amica
Auto-Owners Insurance
California Casualty Insurance
CapitalOne
CarInsurance.com
COUNTRY Insurance & Financial Services
Electric Insurance Company

Travel insurance is another major insurance segment in the USA protecting against flight accident deaths and serious impairments. However any illness occurring while flying are not covered under this. Travel agencies provide insurances in case a sudden cancellation of traveling plans due to unforeseen circumstances take place. American family Insurance and ASSIST-CARD are the major players in this business.

Another important part is property and casualty insurance. They provide insurance cover to property damage.

The risks that are generally covered by a traveler insurance company are:

Cancellation
Delayed departure
Theft, damage or loss of money or personal possession
Curtailment
Delayed baggage
Overseas funeral expenses
EmergencySome top ranked companies in this sector are as follows:

ACE USA
Acuity
Allstate
Alfa Mutual Insurance
American Family Insurance
American National Property and Casualty
American International Group
Argonaut Group, Inc.
Auto-Owners Insurance
BISYS Commercial Insurance Services, Inc.
Chubb Corporation
Church Mutual evacuation
Medical expenses
Legal assistance
Personal liability
Accidental death or injury

Last Updated on : 7/09/2013