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Tennessee Insurance (TN)

In 2000, 34 property and casualty and 20 life insurance companies had home offices in Tennessee. Some 4.4 million ordinary life insurance policies worth $198.6 billion were in force in 1998; total value for all categories of life insurance (ordinary, group, industrial, and credit) was $343.2 billion. Death benefits paid that year totaled $1.0 billion. As of 2000, there were 34 property and casualty and 20 life and health insurance companies incorporated or organized in the state. In 2001, property and casualty insurers wrote over $6.2 billion in premiums. That year, there were 15,339 flood insurance policies in force in the state, with a total value of $1.8 million.