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New York City: Headquarters: 42 Broadway, Manhattan, New York City, U.S. Motto: To protect and enhance the daily economic lives of New Yorkers to create thriving communities. Employees: 457 (FY 2024) Annual budget: $67.7 million (FY 2024) Department executive
The New York State Insurance Department was the first insurance department or agency in the United States to establish a capital markets group to examine and measure the risks in insurer investment practices, and was the first state to recognize the importance of segregating multiple lines insurance from financial guaranty insurance as a means ...
NYSIF is financially self-supporting and competes with private insurance carriers. It is required by law to provide the lowest possible premiums to maintain its solvency. [1] As of 2015, NYSIF was the largest workers' compensation insurance carrier in New York, with 46% of the market, and that year it earned $2.48 billion in premiums, placing ...
Gap insurance. Comprehensive. Collision. What it covers. Financially protects you if your car is deemed a total loss after a covered peril. DOES NOT pay for repairs or replacement.
Health Insurance Plan of Greater New York (HIP) was incorporated in 1944 as the first health insurance plan for public service workers. [9] The company was founded by David M. Heyman with the support of New York City mayor Fiorello La Guardia, who wanted to offer medical services to New Yorkers of “moderate means.” [10] HIP got its first members in 1947.
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The company offers renters' insurance, homeowners' insurance, car insurance, pet insurance, and term life insurance in the United States, as well as contents and liability policies in Germany and the Netherlands and renters' insurance in France. The company is based in New York City and has approximately 1.9 million customers. [3]