How Does Automobile Insurance Work?

The amount of drivers on the road increases each year. As this number goes up, the chances of a car accident will also increase. If you get in a car wreck, the car insurance you have can make a large difference in what happens next. So how can you figure out what insurance you need and how much to buy? Mandated coverage varies based on the state/province but usually includes the following: Liability: Liability pays for the expenses you have caused to others in a car collision, including property damage and injury. Damages from bodily injury can include medical expenses, and lost wages. Property damage can refer to damaged property and loss of use of property. It can also cover your defense and court costs if you are sued.
Local laws usually mandate standard amounts of liability insurance, but higher amounts are available and extremely helpful. Personal Injury Protection: This type of insurance pays for hospital bills and other medical treatment for you or other people in your car, no matter who was at fault in the collision. It is sometimes called no-fault coverage. The minimum amount of personal injury protection is usually set by the state. Medical Payments: This type of coverage can be purchased in non-no-fault states and will pay regardless of who is responsible for an accident. This insurance will pay for all insured person’s necessary medical or funeral expenses resulting from a crash. Collision: This pays for damage to your car caused by an accident. Comprehensive: This type of insurance covers any non-collision damages. This may include fire and wind damage, vandalism, and theft. Uninsured Motorist: Too many drivers are breaking the law by driving a car without owning the right amount of car insurance. This insurance will protect you if you are in an accident with one of these drivers. Under-Insured Motorist: This pays for collision expenses when an insured person is in a crash caused by a driver who does not have the right amount of insurance to pay for the total amount of the damages. Other types of car insurance, like emergency road service and car rental, can also be purchased. Your car insurance payments vary by company and will depend on multiple factors, such as: * Which policies you choose * The make and model of the car you own * Your driving record * Your age, sex and marital status * The place where you live Some have come to think of car insurance as a necessary evil, but it can truly save you from a financial disaster. Evaluate your needs, research your options, and with the help of your insurance agent, make the decision that fits you best.

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Utah Man Accused of Killing Officer Sues Insurer

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Product Liability

Product liability cases can come in in many different types. for example, due to negligence, you'll see yourself or maybe an individual in your family seriously injured as the consequence of something from malfunctioning  toys and games throughout to contaminated food to malfunctioning  autos. while not reference to any root grounds for a particular merchandise liability claim, you'll be entitled to in depth compensation for those injuries that you simply have received and on several occasions, for any losses that you are going to encounter within the future among them lost wage, medical-related charges and therefore the like.

Product liability cases square measure extraordinarily tough and ought to have a superior quantity of experience. The difficulties of those sorts of cases want several levels of defendants, professional witnesses requiring a substantial investment of your time and in addition finances, associate understanding of the way to take care of the particular discovery technique in unknown states or countries, and knowing that legal courts have gotten jurisdiction on the topic.

For anybody UN agency is hurt caused by a malfunctioning  product, the liability for this type of injuries is often traceable either to manufacturer, the distributor, the distributer and / or the distributer of those sorts of product.

Defective merchandise Law is categorised underneath personal injury/tort law and is directly related to judicial proceeding law. It identifies a claim against all parties on the cycle of manufacture (designers, makers, distributors and retailers) of merchandise that contain defects that damage individuals leading to personal injury or loss.

Product liability cases square measure specialised cases that require information of product liability law and conjointly professional witnesses UN agency have precise experience within the product involved.

Liability claims is also filed by either the buyer of the merchandise, or even by anyone to UN agency this product had been loaned or given. while there's completely no federal product liability law, nearly all state governments presently have product liability laws.

Typically the claims sometimes associated with Product Liability within the USA square measure negligence, strict liability, breach of warrantee, and shopper protection claims. A model of liability known as "stream of commerce" functions in most states, that means if your firm participates in inserting the merchandise into the "stream of commerce," it might instantly be command answerable for potential damages to the tip user.

A key concern in any liability proceedings is whether or not or not the merchandise incorporates a defect, that's positively associate imperfectness that renders a product venturesome for its selected use. style flaws exist whenever a overall style of merchandise may well be improperly designed to the extent on create unreasonable danger to shoppers.

In the construct of "strict liability," a proceedings may well be registered while not the requirement to ascertain negligence or perhaps fault if associate injury is that the results of a harmful product. This approach makes it more easy for any cut shopper to require action at law against either the merchandise manufacturer or the search wherever the merchandise had been bought. each state and conjointly federal laws have an effect on product liability cases, creating it puzzling occasionally to understand absolutely the right place to file a proceedings. this can be particularly valid ought to a manufacturer operates in numerous states.

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How to get low cost auto liability insurance quotes from reputable companies

Liability car insurance is the heart of an auto policy. With the exception of recent Hampshire and Wisconsin, all the states need that you simply have this coverage.

When you are guilty in an automotive vehicle accident liability coverage pays bodily injury and property injury expenses for the individuals you blistered. It additionally pays for his or her medical bills and lost wages, and it pays for your legal defense bills and court prices if you are sued.

Liability insurance is written as 3 numbers. for instance if you reside within the state of recent royalty, the minimum liability needs area unit 25/50/10. meaning you want to carry:

* $25,000 value of bodily injury coverage per person

* $50,000 value of bodily injury coverage per accident

* $10,000 value of property injury coverage per accident

Other Coverage you'll need

Collision associate degreed comprehensive cowlage - Liability coverage doesn't cover the price of repairing or commutation your automotive once have an accident, therefore you'll need to buy collision and comprehensive coverage.

Collision coverage pays to repair or replace your automotive once you are concerned in associate degree accident. Comprehensive coverage pays to repair or replace your automotive once your automotive is taken, or once it's broken by devilry, fire, or acts of nature.

PIP (personal injury protection) - This coverage pays for your associate degreed your passenger's medical expenses once you are concerned in an accident. It additionally pays for your and your family's medical expenses once you are hit by a automotive whereas walking.

Uninsured automobilist coverage - This pays for expenses associated with your injuries caused by associate degree uninsurable driver, associate degree underinsured driver, or a hit-and-run driver.

Cheap automotive vehicle insurance Quotes

The best thanks to get low cost liability automotive vehicle insurance is to travel to associate degree insurance comparison web site wherever you'll get rate quotes from variety of various firms.

Visit http://www.LowerRateQuotes.com or click on the subsequent link to urge low cost automotive vehicle insurance quotes from top-rated firms and see what proportion you'll save. you'll get additional tips and recommendation in their Articles section, and obtain associate degreeswers to your queries from an insurance skilled by victimisation their on-line chat service.

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What's the distinction Between life insurance and Accidental Death and dismemberment

Accidental Death vs. insurance Policies

When I actively oversubscribed insurance, i might quote rates for ancient whole life or term policies. several potential purchasers would show ME a far cheaper policy they already had and tell ME my rates were too high. Most of the days the premium was therefore low-cost I might hardly believe it. when I got more established, I began to catch on to the merchandise these folks extremely had.

What these folks really had were accidental death and mutilation policies, and not term or whole life policies. This afraid ME to a small degree. It created my job to a small degree additional sophisticated. i used to be additionally involved as a result of, somehow, these folks paid cash for policies, however that {they had|they'd} no plan what they had really purchased.

What's the distinction between AN accident policy and a insurance policy? Well, because the name implies, AN accident solely policy solely pays get in the case of AN accident, ANd not an health problem. Since the nondepository financial institution calculates a lower rate of accidental deaths, it can give lower premiums. AN accident isn't AN health problem or natural causes. it's AN accident.

You must browse the policy terms, or get a quaified agent to assist you. however AN accident would be unremarkably related to a automobile crash, fire, or one thing on those unpleasant lines. whereas these misfortunes happen, the majority don't die from causes like this. The mutilation portion of 1 of those AD&D policies may additionally cowl the someone against the loss of a limb or.an eye. Again, please study your policy for details.

Life Insurance With Accidental Death Clauses

In fact, several widespread life policies can really supply exaggerated edges just in case of accidental death. this might be enclosed as AN AD&D rider that's designed into the ultimate premium. they are doing not do that as a result of this reason for death is common. they are doing it as a result of it's additional rare. it's an additional profit or point that doesn't add lots to the price. it should be less expensive to induce accidental coverage as a part of an everyday insurance policy.

A commonl life policy can cowl the someone against any reason for death,. These causes would come with health problem. sicknesses aren't thought of AN accident.

Many policies do defend the corporate with a suicide clause. A suicide clause implies that the policy won't pay the benefit for suicide till a waiting amount has passed. A typical waiting amount, in my state, would be 2 years. this might sound grim, however you'd be stunned what percentage folks raise concerning it. Also, please don't rely upon a suicide being thought of AN accident.

Accidental mutilation

Now some life policies could embody coverage for the lost of limbs or visual defect, butt that's not automatic either.

What Did You Buy?

If you're unsure what kind of policy you have got, it should be time to seem at the fine print. check that you're getting the proper policy to assist defend your family. additionally check that you're not shopping for one thing which will not offer you with the advantages you think that you have got. you'll be able to do additional analysis on your own or consult a {professional|a certified} insurance professional in your own native space

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What is SR-22 Insurance and does anyone need It really

There's no SR-22 insurance. What this refers to may be a document from your insurance supplier that's needed by the state so as to be ready to drive wrongfully once your driver’s license has been reinstated when it absolutely was suspended or revoked for moving violations, like driving while not insurance or DUI. If you're notified that you just should have AN SR-22 filed, it'll possible mean a rise in your premium. The state can verify for the way long you want to have the SR-22 together with your amount of money.

There are solely eight states within the country that don't need AN SR-22 type. These ar Delaware, Minnesota, Kentucky, New York, New Mexico, North Carolina, Pennsylvania and OK.

 United Nations agency should have AN SR-22 form?

The SR-22 type is usually needed once you reinstate your driver’s license when it's been revoked or suspended sure traffic violations. These embody driving while not insurance or driving underneath the influence (DUI or DWI). you'll be notified by the state if you want to file this way.

Why do i want this form?

The SR-22 type is AN agreement between your nondepository financial institution and also the state that needs the insurance company to apprise the state if your coverage ends for any reason. If that happens, then your license are going to be suspended all over again. attributable to this, it's important that you just don't miss a premium payment. By having this way, you're granted the privilege to drive once more goodbye as you maintain your money responsibility.

What is the price of AN SR-22?

Undoubtedly, you have got already had to pay many fees related to your license. There ar reinstatement fees and surcharges. you may have had to pay any tickets for moving or parking violations. These kinds of violations and suspensions can cause insurance firms to look at you as a bad driver, which suggests a rise in your monthly premiums. the shape itself doesn't value cash, however rather the prices related to reinstating your license and also the rise in insurance payments.

How long do i want to possess the form?

Most states need drivers to produce AN SR-22 type for a amount of 1 to 3 years. There ar some states, however, that need a driver to possess the shape for up to 5 years. every state sets its own closing date for the SR-22. If you permit your insurance coverage to lapse throughout this time amount, then you'll be needed to start out everywhere once more. that may mean a extended time spent with higher premiums.

How do i purchase AN SR-22 form?

If you're presently insured, you'll got to contact your insurance supplier and request that they send you the shape. you'll have to be compelled to send this way into the state licensing agency. If you're not insured, you'll got to look around for a brand new policy and apprise the corporate that you just got to have the SR-22 type. it's simple to buy on-line for a brand new policy and acquire quotes from multiple firms. this might assist you economize on your premiums.

Once you have got paid your premium, the nondepository financial institution can send the SR-22 type to you beside your insurance cards. Some states may additionally need that the shape be sent directly from the insurance company.

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Property-Casualty Insurers Continue their Quest for Growth and Underwriting gains in 2013, According to Ernst & Young

NEW YORK, Dec. 18, 2012 /PRNewswire/ -- In spite of the unsure economic setting and restricted investment financial gain opportunities, property-casualty insurers are ready to pursue growth opportunities in 2013 through acquisitions, international international growth and products solutions that focus on new insured risks and coverage, predicts painter & Young in its international Insurance Center U.S. Property-Casualty Outlook.

"Outperforming competitors would force insurers to maximise client gain and persistence by continued to speculate in infrastructure, systems, intellectual capital and technology," says David Netherlander , international Insurance consultatory Leader at painter & Young LLP. "Insurance carriers will seize growth opportunities by up analytical and decision-making capabilities, cross-selling product and mistreatment selling information to extend client retention and encourage business growth. Growth and gain ways ought to be developed across the enterprise and balanced against the risks they will manufacture."

Ernst & Young believes that the subsequent economic process can drive U.S. property-casualty insurance companies' priorities over the approaching months:

--  Invest within the business for the long run, as a response to the tough investment setting. customers more and more look to technology-enabled transformation to enhance the insurance service expertise. they require period solutions that may be delivered through mobile communication and alternative channels. Such expectations square measure tough to realize while not substantial insurance technology upgrades that offer period insurance interaction with customers. Technology may also enhance operational efficiencies, increase underwriting productivity and contribute to higher oversight of the claims method. Early detection of potential adverse claims through associate degreealytical capabilities will sharpen an insurer's competitive edge, whereas yielding value savings in times of economic volatility.

-- inure changes within the regulative setting. In 2013, insurers can confront rising activity from state and regulative authorities that specialize in strengthening insurance economic condition protection systems, like economic condition II, the National Association of Insurance Commissioners' economic condition Modernization Initiative to look at the U.S. insurance capital adequacy system, and therefore the NAIC's Own Risk economic condition Assessment. to organize and address regulative pressures to reinforce risk management, insurers should increase their information management, coverage and analytical resources, and their organizations' ability to integrate risk information across disciplines. this might need extra investment in education and alternative ways. providing a lot of of the economic condition framework continues to be ongoing, insurers ought to be versatile to remain on prime of rising regulative trends, whereas getting ready for escalating information, coverage and governance demands.

-- Exploit opportunities and address challenges with 'Big Data".  Insurers have a chance to integrate and leverage information capabilities across the whole worth chain, from distribution and underwriting to client service and claims. Explosive growth within the abundance and kinds and information, and therefore the speed with that it's delivered, demand a replacement company operative structure and increased governance systems to deal with information security. the first step involves obtaining existing information management capabilities so as to extract significant data and integrate information from multiple sources usually housed in numerous useful areas. Insurers can ought to invest in talent with the ability sets necessary to gather, analyze, bare and manage huge volumes of information.

-- determine growth opportunities and start to execute them. Acquisitions square measure a technique for insurers to diversify and expand by location, product or distribution supply. Premium growth opportunities within the U.S. might derive from insuring new or rising exposures in cyber liability, engineering and energy. Meanwhile, by mistreatment selling information to focus on those customers possibly to shop for multiple insurance policies, insurers will leverage opportunities to expand their businesses and increase retention over the long run. Given the drawbacks to being focused entirely in one country, insurers will profit by turning to rising markets in Asia-Pacific and geographic area, that supply lower insurance penetration rates and potential for economic growth.

The complete Property-Casualty Insurance business 2013 Outlook report are often found at computer network.ey.com/insurance.

About painter & Young's international Insurance Center

From economic process to technological innovation, businesses round the world square measure exploring new and alternative ways of achieving their potential. By finance in dedicated international business Centers round the world, painter & Young will offer you a worldwide perspective on your assurance, tax, dealings and consultatory desires, no matter your business. The Centers function a hub for sharing industry-focused data, sanctioning our international network of execs to grant you extremely responsive recommendation that helps you contend additional effectively in your business. It's however painter & Young makes a distinction.

About painter & Young

Ernst & Young could be a international leader in assurance, tax, dealings and consultatory services. Worldwide, our 167,000 folks square measure united by our shared values associate degreed an unwavering commitment to quality. we tend to create a distinction by serving to our folks, our shoppers and our wider communities win their potential.

Ernst & Young refers to the world organization of member companies of {ernst|Ernst|Max painter|painter} & Young international restricted, every of that could be a separate legal entity. painter & Young international restricted, a United Kingdom of Great Britain and Northern Ireland company restricted by guarantee, doesn't offer services to shoppers.

This news unleash has been issued by painter & Young LLP, a U.S. client-serving member firm of painter & Young international restricted.

SOURCE painter & Young LLP

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Property And Casualty Subrogation For Your Ease

Property And Casualty subrogation For Your Ease Living during this world means you\'re invariably liable to get into bother in numerous ways in which. If you\'re on the road, then you and your automotive that is your property, each ar at stake. you'll meet a road accident, during which you'll be able to get lac and your property can get broken. so as to form positive that you just have ready yourself to satisfy any such challenge, you\'re in want of obtaining yourself and your automotive insured. it's extremely reaching to shield you from plenty of complications. Property and casualty substitution firms also can play their several roles. This company goes to search out out the reason behind accident and therefore the party that is guilty. If the third party would be found guilty, then this company goes to play a good role and can recover most of the greenbacks from the third party.
Insurance and exchange firms, keep their insured bodies protected against most of the problems. If you may face any such unfortunate incident, then your medical expenses and therefore the value which can be incurred on the repair of your car’s injury area unit planning to be paid by your insurance firm. The arrangement and recovery of that value from the faulty party isn't planning to be your responsibility. The representatives of exchange company area unit planning to recover the cash in anyway. this is often the explanation, why it's perpetually same thereto contacting a licensed and registered exchange company are some things, vital and necessary.

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Does Combining Your Home Insurance and Auto Insurance Save

Very often I hear people say "I have my car insurance, home insurance, and life insurance in a package, therefore I must be getting the best deal." The reality is that this is not necessarily the case.

Insurance companies have convinced consumers that by bundling all of their insurance products with one company, they will get the best rate. The reality is you may be paying more by having everything combined. Insurance companies know customer are less likely to change when all the products are bundled. Therefore, insurance companies may justify increasing your rate for your home insurance while keeping the same rate for your auto.

Think of it this way; what is the likelihood you will change banks when you have your: credit card, checking and savings account, car loan, mortgage, online banking, etc, probably not, its too much hazel. Insurance companies know consumers are slow at making any kind of drastic change.

Insurance companies know the statistics of a customer leaving if per say, they increase the rate on the home insurance, but not the auto insurance and/or increase the auto insurance, but not the home insurance. They use this tactic to increase your rate and have you convinced you are getting the best deal.Insurance companies may raise your rate a few percentage points per year. Compound this increase by a few years and you have a drastic change in price. Money you could have saved if you just shopped your rate periodically.

Life and Health Insurance Bundle
Be aware of this, because you have your auto and home insurance with a particular company, does not mean you will get a discount on your life insurance. Unlike property and casualty insurance (auto and home insurance) which is based on loss ratios and recurring risk and hazards, life insurance is based on mortality tables based on what statistics say a particular demographics' life expectancy. Life insurance is a product you should definitely not believe you are getting the best price when it is bundled with your home and auto insurance.

On the health insurance product, the companies who offer health insurance are usually not the ones who offer auto, home, and life insurance because these are completely different types of business. There are a few companies who do offer all of these products, but I have seen they are usually not competitive on all the products at the same time, so what out!

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What is Auto Casualty Insurance

Auto casualty insurance is a term that is used to describe a policy that typically covers the three main types of loss involving automobiles; theft, accident, and liability. This is also called comprehensive insurance in many states.
Comprehensive insurance will cover anything associated with the loss, theft, or destruction for your car. This type of insurance is typically the most expensive policy you can purchase, but there are ways to save money on this type of coverage.

Purchasing auto insurance online is the best way to find the best rate on a policy. When choosing full coverage car insurance policy it is even more important to use an online quote comparison site. This will allow you to see the estimated cost of such coverage from many companies on one web site.
The advantage of this is obvious. If you only have to fill out the required information one time to see several quotes it will save you a lot of time and at the same time help you to save a lot of money. When you see the quotes side by side it allows you to narrow down your search based on the price difference of the quotes.
It is important to buy enough coverage however so donít simply buy the policy with the lowest quote. If the policy is cheaper, but doesnít offer the coverage you need it may not fully protect you in the case of an accident.
The best part about purchasing comprehensive auto insurance is that if you are unfortunate enough to be involved in an accident or have your car stolen the details will usually be handled by the insurance company. In many cases this includes a rental car while your vehicle is being repaired.
Buying comprehensive auto insurance online is a fast and convenient way to find the lowest price on the policy you need. In fact buying auto insurance has never been easier provided you are willing to spend a little bit of time online before committing to a policy.

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Auto Casualty Insurance - 5 Coverages You Should Know About

Sometimes it's what we do; sometimes it's what others do. 
Furthermore, unless you live in Wisconsin or New Hampshire, it is a state law and required of you.
Actually it is to your benefit to obtain auto casualty insurance...so it is wise to know what the coverage is all about.
It is just not about acting in accordance with the law, but it also minimizes costly expenses when an accident does occur.
Auto Casualty Insurance - Five Types of Coverage

1. Liability Coverage - In addition to property this covers medical costs when you're at fault in an automobile accident.
2. Collision Coverage - Although this is optional, if the accident is your fault, this coverage will help pay for the repairs of your car. You pay a predetermined deductible, and your insurance company compensates for the rest.
Note: Your insurance company will pay you the car's cash value, if they deem the vehicle is totaled.
3. Comprehensive Coverage - This insurance is optional as well. It would be wise to consider obtaining it as it covers:

• Theft
• Damage Windshields
• Vandalism
• Falling trees
• Fire
• Flood
• "Acts of God" (other unexpected perils.)

4. PIP (Personal Injury Protections) - Personal Injury Protection is optional in some states and a must in others. It covers medical and disability cost, as well as loss of incomes for your and your passengers...regardless of whose fault it is.5. Uninsured Motorist Protection - This protection covers property damage and bodily injury, if the car accident is someone else's fault and they are uninsured.
Seek advice from your local insurance agent as he/she will be knowledgeable in regards to your individual state laws. When talking to your agent, inquire about how to handle a claim, obtain estimates for repairs when damage occurs and time-limitations for filing a claim. Also find out the length of time for receiving payments of processed claims.
After you have digested all the relevant information and purchased the auto casualty insurance policy that is right for you, then you can relax in the knowledge you are prepared for any auto casualty situation that might arise.

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Westfield Insurance

Westfield Insurance, the primary subsidiary of Westfield Group, is a multi-line provider of business property & liability insurance, personal lines insurance (including auto, homeowner's and specialty), agribusiness insurance, and surety bonds. Based in Westfield Center, Ohio, Westfield employs over 2,400 nationwide including 1,700 in their home office. Despite its rural location, it is the largest employer in rapidly-growing Medina County.

Westfield began as Ohio Farmers Insurance Company in 1848, when a group of farmers joined forces to insure their properties. In 2010, the company collected $1.4 billion in premiums. At the helm are Bob Joyce, Executive Chair of Westfield Group, Jim Clay, CEO of Westfield Group, and Ed Largent, President of Westfield Insurance.

Westfield's products are distributed through a network of more than 1,200 independent insurance agents, and now the company has grown to become one of the top 50 property-casualty insurers in the U.S. It is also one of the nation's top-ten providers of farm insurance.

In addition to providing insurance and financial services, Westfield owns the Westfield Group Country Club, a 36-hole championship golf course which hosted the Junior PGA Championship until 2007. Also on company grounds are the Blair Center (a convention center), Westfield Bank, and Westfield Inn, a newly-renovated private hotel. The Home Office, Country Club, Blair Center, Bank, and Inn are all situated in the heart of the small Village of Westfield Center. The Colonial & New England architecture of the company buildings lends a distinct appearance to the town square.

Westfield Insurance also sponsors seven televised High School Scholastic Competitions including the Brain Game, Academic Challenge, Hometown High-Q, In the Know, Quizbusters and BrainBusters.

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White Mountains Insurance Group

White Mountains Insurance Group (NYSE: WTM) is a holding company with business interests in property and casualty insurance, and reinsurance. The group owns reinsurer Sirius and a 75% stake in specialty insurance carrier OneBeacon. It is based in Hanover, New Hampshire.

It is owned by Jack Byrne who in 1985 was invited to run the troubled Fireman's Fund, then a subsidiary of American Express. Fireman's had incurred $356 million in pretax losses in 1983 and 1984. Byrne greatly improved Fireman's financial performance and initiated a public offering of some of Fireman's shares in 1985. The company was sold to Allianz AG in 1991. Byrne, meanwhile, retained the Fireman's holding company, which he later renamed White Mountains.

White Mountains Insurance Group, Ltd. (White Mountains or the Company) is a financial services holding company with primary business interests in property and casualty insurance and reinsurance. The Company's corporate headquarters and its registered office are located in Hamilton, Bermuda and its principal executive office is located in Hanover, New Hampshire.

The Company conducts its principal businesses through:

• Sirius Group - global reinsurance.
• OneBeacon - specialty insurance. OneBeacon's common shares are listed on the New York Stock Exchange under the symbol "OB". White Mountains holds a 75% interest in OneBeacon as of 12/31/11.
• White Mountains Advisors - investment management with $34 billion of assets under management as of 12/31/11.

White Mountains' common shares are listed on the New York Stock Exchange and the Bermuda Stock Exchange under the symbol "WTM". Market capitalization as of December 31, 2011 was approximately $3.4 billion.

As of December 31, 2011, White Mountains reported total assets of $14.1 billion, adjusted shareholders equity of $4.1 billion, and Adjusted Book Value per Share of $542.

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Farmers Insurance Group

Farmers Insurance Group (informally Farmers) is an American insurance and financial services company headquartered in Los Angeles, California and a wholly owned subsidiary of Zurich Insurance Group. It provides home, auto, commercial and life insurance and other financial services throughout the United States.

Farmers is the third-largest provider of both private passenger auto and homeowners insurance in the U.S., servicing over 10 million households with more than 20 million individual policies. It has around 24,000 employees and 50,000 exclusive and independent agents.

Operations   

• The Farmers Exchanges, headquartered in Los Angeles, CA, are three reciprocal insurers or inter-insurance exchanges (Farmers Insurance Exchange, Fire Insurance Exchange and Truck Insurance Exchange) owned by their policyholders. The Farmers Exchanges, directly or through their subsidiaries and affiliates, offer homeowners insurance, auto insurance, commercial insurance, and financial services throughout the United States. Farmers Group, Inc. (dba Farmers Underwriters Association) and its subsidiaries, Truck Underwriters Association and Fire Underwriters Association, provide certain non-claims administrative services for the Farmers Exchanges as their attorneys-in-fact. The Farmers Exchanges do not hold an ownership interest in Farmers Group, Inc., and neither Farmers Group, Inc. nor its ultimate parent, Zurich Financial Services Ltd., a Swiss company, holds an ownership interest in any of the Farmers Exchanges.
• The Foremost Insurance Group, headquartered in Grand Rapids, Michigan, is a group of companies that primarily insure specialty products such as mobile homes, motor homes, travel trailers and specialty dwellings, motorcycles, off-road vehicles, boats and personal watercraft. It was founded in 1952 and was acquired by the Farmers Exchanges in March 2000. The Foremost companies are subsidiaries of the Farmers Exchanges.
• The Bristol West Insurance Group became a part of Farmers in July 2007. In 1973, it began providing private passenger auto insurance to residents in Florida and now provides liability and physical damage insurance - focusing exclusively on private passenger vehicles - across the United States. The Bristol West companies are subsidiaries of the Farmers Exchanges.
• 21st Century Insurance, headquartered in Wilmington, Delaware, became a part of Farmers in July 2009. Using the internet and direct response marketing channels, 21st Century markets personal auto insurance to consumers throughout the United States. The 21st Century Insurance companies are subsidiaries of the Farmers Exchanges.
• Farmers New World Life Insurance Company started as Catholic Life Insurance Company in Spokane, Washington in 1910. Later that year it was renamed New World Life Insurance Company. In 1953, it was acquired by Farmers Group, Inc. In 1954, its name was changed to the current Farmers New World Life Insurance Company. Farmers New World Life Insurance Company is now based in the Seattle suburb of Mercer Island, Washington. It offers flexible universal life insurance, traditional term life insurance, whole life insurance and annuities. Farmers New World Life Insurance Company is a subsidiary of Farmers Group, Inc.
• Farmers Financial Solutions, LLC. was created by the Farmers Exchanges in 2000 to provide financial products to customers.

Farmers' products and services include:

• auto insurance;
• home insurance, including homeowners, condominium and renters insurance, mobile and manufactured home insurance, specialty home insurance, including landlord and rental properties, seasonal homes, and vacation homes, and flood insurance through the National Flood Insurance Program;
• motorcycle insurance;
• life insurance, including term, whole and universal life insurance;
• recreational insurance, such as insurance for boats, ATVs, RVs, and travel trailers;
• business insurance for small and medium sized businesses, such as liability and property insurance, commercial auto and workers compensation insurance for apartment and commercial property owners, artisan contractors, condominium homeowner associations, offices, religious organizations, educational and non-profit organizations, and other businesses in the light manufacturing, service, restaurant, retail, wholesale, and auto service & repair industries; and
• financial services and products, such as mutual funds and variable annuities.

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