District of Columbia Insurance (DC)

In 2001, District of Columbia policyholders held 385,000 ordinary life insurance policies worth $19.7 billion; total value for all categories of life insurance (ordinary, group, industrial, and credit) was $80.3 billion. Death benefits paid that year totaled $114.2 million. As of 2003, there were eight property and casualty and four life and health insurance companies incorporated or organized in the District of Columbia. In 2001, property and casualty insurers wrote over $1 billion in premiums. That year, there were 441 flood insurance policies in force in the District of Columbia, with a total value of $55,791.