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Rhode Island Insurance (RI)

In 2001, 518,000 ordinary life insurance policies worth $41.0 billion were in force in Rhode Island; total value for all categories of life insurance (ordinary, group, industrial, and credit) was $73.3 billion. Death benefits paid that year totaled $174.6 million. As of 2000, there were 20 property and casualty and five life and health insurance companies incorporated or organized in the state. In 2001, property and casualty insurers wrote over $1.4 billion in premiums. That year, there were 11,261 flood insurance policies in force in the state, with a total value of $1.6 million.