Az Company Insurance

Posted on February 12, 2012 by Admin
Az Company Insurance

Az Company Insurance

America’s top 12 home insurance companies generated $470 billion in revenues during 2009. That represents a 35.8% increase over the $346 billion posted just one year earlier.

Sometimes called property and casualty insurers, these giant home insurance companies were generally profitable in 2009. Overall, the 12 largest US home insurers generated $10 billion in profits during 2009 – up about $98 billion from a jaw-dropping $89-billion loss for 2008.

Home foreclosures in the U.S. are still high. This provides even more incentive for existing homeowners to buy their property insurance from financially sound providers.