Insurance Companies 411 » Connecticut !
 



Companies offering a variety of personal, business, and industrial insurance policies in Connecticut.



A-Z Business Listings :



 
  • Acadia Insurance Company

    Acadia Insurance Company is a regional property casualty insurance company offering commercial and specialty coverages through independent insurance agents. Acadia is based in Westbrook, Maine, with local offices in Connecticut, Maine, Massachusetts, New Hampshire, New York and Vermont.

  • ACSTAR Insurance Company

    With a well-known reputation for delivering the "best service anywhere," ACSTAR provides bonding nationwide for your contract and commercial surety needs in the standard and specialty marketplace.

  • Allstate Insurance Company

    Offers insurance for autos, homes, property, life, mortgage protection, and business. Calculators and tools, an agent locator, access to Allstate forms, and safety tips.

  • Amica Insurance Company

    National mutual company offering insurance for auto, home, life, flood, and boat. Site offers online quotes for some of Amica's products.

  • Anthem Blue Cross and Blue Shield

    Anthem Insurance Companies, Inc., offers health insurance and other benefits options to employers and individuals.

  • CIGNA

    Formed in 1865 as Connecticut General, CIGNA is an employee benefits company in the U.S. and in selected markets around the world. Consumer, agent, and product links available.

  • CMIC

    CMIC is a mutual member owned company created by doctors to provide professional liability insurance and services to healthcare professionals in Connecticut and Massachusetts.

  • ConnectiCare

    Independent Health Management Organization offers its provider directory, pharmacy locator, online forms, health conditions database and career opportunities.

  • Connecticut Health Insurance

    Get Instant Connecticut Health Insurance Quotes.

  • Connecticut Insurance Department

    The mission of the Connecticut Insurance Department is to serve consumers in a professional and timely manner by providing assistance and information to the public and to policy makers, by regulating the insurance industry in a fair and efficient manner which promotes a competitive and financially sound insurance market for consumers, and by enforcing the insurance laws to ensure that consumers are treated fairly and are protected from unfair practices.

  • Connecticut Life and Health Insurance Guaranty Association

    The association is composed of all insurers licensed to sell life insurance, accident and health insurance, and individual annuities in the state.

  • Hartford National Title

    Handling and coordinating title and real estate closing services nationwide. Provides quote and service forms.

  • MetLife Insurance Company of Connecticut

    MetLife, Inc. is a leading provider of insurance and other financial services to millions of individual and institutional customers throughout the United States.

  • Nationwide Mutual Insurance Company

    Nationwide Mutual Insurance Company & Affiliated Companies is a group of large U.S. insurance and financial services companies based in Columbus, Ohio. The company also operates regional headquarters in Des Moines, Iowa and San Antonio, Texas.

  • Peerless Insurance

    Peerless Insurance is a regional insurance carrier that works exclusively with independent agents to offer you personal and commercial insurance products and services. Contact one of our appointed agents today to get a quote on any of our auto, home, or small-to-mid-sized business insurance products.

  • Response Insurance

    Get a car insurance quote and manage your policy online. Response Insurance specializes in insuring safe drivers, whose low risk helps keep all of our customers’ rates low. So, if you are a safe, responsible driver, there’s really only one choice — Response Insurance.

  • SBLI of Connecticut Term Life Insurance and Annuities

    The Savings Bank Life Insurance Company (SBLI) was established in 1942 by an act of the Connecticut legislature. From its inception, the Company's primary goal has been to provide hard-working Connecticut families with affordable life insurance and annuity products. SBLI markets its products primarily through financial institutions and direct to the consumer.

  • State Farm Insurance

    State Farm Insurance is a group of insurance and financial services companies. It is the largest automobile insurer in the United States continuously since 1942 and insures more cars and homes in the United States than any other insurer.



 
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Insurance :



 

Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment. An insurer is a company selling the insurance; an insured or policyholder is the person or entity buying the insurance policy. The insurance rate is a factor used to determine the amount to be charged for a certain amount of insurance coverage, called the premium. Risk management, the practice of appraising and controlling risk, has evolved as a discrete field of study and practice.

The transaction involves the insured assuming a guaranteed and known relatively small loss in the form of payment to the insurer in exchange for the insurer's promise to compensate (indemnify) the insured in the case of a large, possibly devastating loss. The insured receives a contract called the insurance policy which details the conditions and circumstances under which the insured will be compensated.

Insurance involves pooling funds from many insured entities (known as exposures) in order to pay for relatively uncommon but severely devastating losses which can occur to these entities. The insured entities are therefore protected from risk for a fee, with the fee being dependent upon the frequency and severity of the event occurring. In order to be insurable, the risk insured against must meet certain characteristics in order to be an insurable risk. Insurance is a commercial enterprise and a major part of the financial services industry, but individual entities can also self-insure through saving money for possible future losses.

Global insurance premiums grew by 3.4% in 2008 to reach $4.3 trillion. For the first time in the past three decades, premium income declined in inflation-adjusted terms, with non-life premiums falling by 0.8% and life premiums falling by 3.5%. The insurance industry is exposed to the global economic downturn on the assets side by the decline in returns on investments and on the liabilities side by a rise in claims. So far the extent of losses on both sides has been limited although investment returns fell sharply following the bankruptcy of Lehman Brothers and bailout of AIG in September 2008. The financial crisis has shown that the insurance sector is sufficiently capitalised. The vast majority of insurance companies had enough capital to absorb losses and only a small number turned to government for support.

Advanced economies account for the bulk of global insurance. With premium income of $1,753bn, Europe was the most important region in 2008, followed by North America $1,346bn and Asia $933bn. The top four countries generated more than a half of premiums. The US and Japan alone accounted for 40% of world insurance, much higher than their 7% share of the global population. Emerging markets accounted for over 85% of the world’s population but generated only around 10% of premiums. Their markets are however growing at a quicker pace.


 




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