Results for tag: "Admitted Insurance"

The Admitted Insurance market is a segment of the insurance industry that provides coverage for individuals and businesses. It is regulated by state insurance departments and is subject to state laws and regulations. Admitted Insurance companies are required to be licensed in each state in which they do business and must meet certain financial requirements. These companies are also subject to state-mandated rate and form filings. Admitted Insurance companies are typically large, well-established companies that have been in business for many years. They are typically rated by independent rating agencies such as A.M. Best and Standard & Poor's. These companies are typically well-capitalized and have a strong financial position. Admitted Insurance companies offer a wide range of products, including property and casualty, life and health, and other specialty lines of insurance. These companies typically have a broad network of agents and brokers who can provide advice and assistance to customers. Some of the major companies in the Admitted Insurance market include Allstate, State Farm, Liberty Mutual, Progressive, Nationwide, and USAA. Show Less Read more