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As America’s leading small business insurer, Hiscox offers comprehensive coverage for your small business’s needs. This provider offers general liability insurance, professional liability (E&O ...
Small-Group Insurance (HMO, PPO) Best for: Small businesses seeking straightforward plans with network-based coverage for all employees. Small-group insurance is the traditional approach to ...
AM Best does not rate any other kind of businesses other than insurance companies. Standard & Poor’s Unlike A.M. Best, Standard & Poor’s rates businesses across all industries, including ...
In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...
AM Best is an American credit rating agency headquartered in Oldwick, New Jersey, that focuses on the insurance industry. Both the U.S. Securities and Exchange Commission and the National Association of Insurance Commissioners have designated the company as a Nationally Recognized Statistical Rating Organization (NRSRO) in the United States.
Traditional companies such as AM Best, Moody's Investors Service, Standard and Poor’s, and Fitch Ratings do rate insurance providers, but typically only large national companies. [4] Demotech was founded in 1985 [1] [2] to provide financial analysis of, and actuarial services for, niche markets ignored by Big Three (credit rating agencies).
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