There were about 1,549 companies that underwrote life insurance and annuities at the end of 2000, with premiums totaling $472 billion in 2001, compared to $405 billion in 1997
Individual states regulates the life insurance industry.
Insurance company
No
Primrica
There are hundreds of leading players in the life insurance industry. I have attached a list of about 20 of the leading institutions that currently offer life insurance.
During 1992, over $276 billion, or 43 percent, of the $649 billion in non-life insurance premiums in the world were written in the United States
None. Life Insurance Companies never fail. If they get into trouble another life insurance company will take over the assets and liabilities of the troubled company. This is an industry approach so that the public will maintain it's confidence in the life insurance industry. It benefits the people in that they will never loose out on benefits due to a family on a life insurance policy and it benefits the industry in that the public maintains confidence in the system.
No, while Prudential has many arms of their insurance business, I am in the industry, and have not heard of New York Life buying any of Prudential Life Insurance's assets or divisions.
There are several insurance companies that specialize in insurance for the trucking industry and provide insurance policies for big rigs and semis. A few of the companies that insure big rigs are: American Truck Insurance (ATI), Allen Insurance Group,Truck Insurance Mart, Inc, & RSI Insurance Brokers Inc.
Kenneth M. Wright has written: 'The life insurance industry in the United States' -- subject(s): Insurance, Life, Law and legislation, Life Insurance, Taxation
The entire property and casualty insurance industry employed about 616,000 people in 1994, while non-property/casualty insurers employed about 935,000 people.
I can tell you that in 2004 52 Billion was paid out in life insurance benefits. Currently there is approx 17 Trillion of life insurance in force. 492 Billion of that is on insureds age 65 or older.