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What Are the Major Insurance Companies?

Insurance products are provided by many different companies that provide various types of insurance products and options depending on an insured's needs. This can include personal and commercial insurance as well as financial insurance products. Some of the major insurance companies in the United States include AIG, Travelers, Chubb, the Fireman's Fund Insurance Company and the St. Paul Companies. Many of these insurance companies have been in business for more than 100 years.

    AIG

  1. One of the major insurance companies within the United States is still American International Insurance Group (AIG). AIG is a company that specializes in insurance and financial services products. AIG has many member companies that provide commercial and individual customers through worldwide networks for property-casualty and life insurance. AIG American General is one member company that is still a top-ranked life insurer.
  2. Travelers

  3. The Travelers company offers a full complement of insurance products and has been a leading provider for more than135 years. The company specializes in the automobile and homeowners insurance needs of individual consumers. It also offers a wide variety of insurance products for commercial business needs. Products include workers' compensation, disability, property and liability as well as specialty lines insurance and surety bonds.
  4. Chubb

  5. Chubb is an insurance company that was founded by Thomas Caldecot Chubb and his son Percy in 1882. The company began as a marine underwriting business in New York City. The company celebrated its 75th anniversary in 1957 and in 1967 the Chubb Corporation was formed. The company has more than 10,000 employees and primarily concentrates on property-casualty insurance for customers that are located in 31 countries.
  6. Fireman's Fund Insurance Company

  7. The Fireman's Fund Insurance Company was founded in 1863 and was located in the city of San Francisco. The company originally paid 10 percent of its profits to the spouses and children who were widowed or orphaned. The Fireman's Fund is the major insurer in Hollywood and has provided coverage for silent films to today's popular movies. In 1991, the company was purchased by Allianz AG of Germany and currently provides various types of business and personal insurance products to its customers
  8. The St. Paul Companies

  9. There are many insurance groups that make up the St. Paul Companies, including Commercial Lines Group. Its commercial business includes small market, middle market and large market businesses and works in industries such as banking, technology as well as shipping and hospitality. St. Paul Surety is one of the largest providers of surety products, such as bonds, in North America.

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