Largest Insurance Companies

With the global breakdown of economy, people everywhere are getting very dependent on insurance companies. Here are some of the largest insurance companies in the United States and the type of insurance that they are offering.

First will be State Farm Insurance. This company originated and started as an automobile insurance company but had expanded to include financial services. Even with stiff competition and controversies, it has remained stable in its position as the leading automobile insurance provider with revenues soaring to $61 billion.

All State Insurance is another leading automobile insurance company with the inclusion of life and business insurance on the side. It is currently on the action of pushing the government to do some reforms in the financial industry specifically those involving insurance policies. The company's portfolio cites their support on the National Insurance Consumer Protection Act.

Berkshire Hathaway Insurance focuses on diverse insurance types although the major ones are of the property and business categories. Its largest subsidiary is GEICO (Government Employees Insurance Company) which provides all sorts of automobile and home insurance.

Travelers Insurance caters from the smallest corporations to the biggest conglomerates offering the broadest types of property and casualty insurance. The company's record shows them as the top 99 in Fortune 500's list of corporations being traded by the public.

Last but not the least is the Liberty Insurance. The company offers insurance coverage internationally and has been in operation since 1912. Like their insurance counterparts, they also employ independent agents to promote their automobile, home and life insurance services.