What does NAIC mean in insurance?
What does NAIC mean in insurance?
The National Association of Insurance Commissioners The National Association of Insurance Commissioners (NAIC) is the U.S. standard-setting and regulatory support organization created and governed by the chief insurance regulators from the 50 states, the District of Columbia, and five U.S. territories.
What is an NAIC code for insurance?
The NAIC number is a number that the National Association of Insurance Commissioner’s (NAIC) assigns to each individual underwriting company. Below is a list of the NAIC numbers that are associated with our member companies. For existing policyholders, the NAIC number also appears on the ID cards as “”Company Number””.
Why did Liberty Mutual buy Safeco?
“The acquisition of Safeco by Liberty will provide Liberty with greater personal insurance depth, greater competitive presence in the Western U.S., and greater national scale,” said Standard & Poor’s credit analyst Michael Gross. Apr 23, 2008
When did Liberty Mutual buy Safeco?
In September 2008, Safeco became part of Liberty Mutual Insurance. The financial strength of our parent company, combined with a national network of local independent agents, has enabled Safeco to focus exclusively on personal insurance.
Is Sentinel insurance part of Hartford?
The following insurance companies are directly or indirectly, wholly-owned subsidiaries of The Hartford. Sentinel Insurance Company, Ltd.
Who owns The Hartford?
The Hartford is owned by its shareholders, as it is a publicly traded company. The biggest shareholders are The Vanguard Group, BlackRock, and State Street Corp which have a combined ownership stake of almost 25%, according to public records, as of Q1 2020. Jul 12, 2021
