Throughout the financial crisis over the last few years, a number of insurance companies faced a significant struggle, leaving people to wonder about the top insurers after having seen the
global giant American International Group (AIG) fall apart. In order to help consumers to better understand the current the insurance marketplace, experts have compiled some notes about the top four leading companies.
- Progressive is among the biggest American auto insurance companies. It provides standard vehicle insurance as well as products for specialty vehicles such as ATVs, mobile homes, motorcycles, boats and watercraft, RV’s, and snowmobiles. Furthermore, it covers both personal and commercial auto vehicles. It has concentrated a great deal of its efforts on being able to offer a superior online experience to its policyholders.
- CNA Financial Corporation – a subsidiary of Loews Corporation – is a property and casualty insurer. It focuses primarily on American, Canadian, and European commercial businesses and organizations. It provides policies for standard and excess property coverage. It includes workers’ compensation, commercial auto coverage, marine coverage, general and product liability, machine coverage, and umbrella coverage. It also offers services for claims administration, risk management, and information.
- The Allstate Corporation offers a vast offering of different types of insurance products. This includes auto, RV, and boat insurance, homeowners insurance, and personal property and casualty insurance. Services also provided include roadside assistance.
- The Travelers Companies, Inc., offers property and causality insurance products for both commercial and personal customers. There are three elements to the company, which are Personal and Financial, Business, and Professional and International Insurance. It is the Business Insurance portion of Travelers that offers the commercial auto, general liability, and workers compensation insurance to a variety of businesses.
