Is Cincinnati Insurance a good company? Cincinnati Insurance has been in business since 1950, and it's earned high financial strength ratings from agencies such as AM Best and Fitch. It also draws significantly fewer consumer complaints than expected for a company of its size.

THE CINCINNATI INSURANCE COMPANY. NAIC Group Code 0244 0244 NAIC Company Code 10677 Employer's ID Number 31-0542366.

EVERYTHING INSURANCE SHOULD BE We are in the business of helping when disaster strikes – helping policyholders recover financially; helping families and businesses restore their lives and livelihoods; helping communities regain a sense of stability. We look to pay all that is due under your policy after a covered loss.

Five independent agencies - A.M. Best, Fitch, Kroll Bond Rating Agency (KBRA), Moody's and Standard & Poor's - rate the financial strength of insurance companies. Each has its own rating scale, its own rating standards, its own population of rated companies, and its own distribution of companies across its scale.

Federal agencies use the North American Industry Classification System (NAICS) to classify businesses when collecting, analyzing, and publishing statistical data about the United States economy. This numeric coding system is also used for administrative, regulatory, contracting, and taxation purposes.

The North American Industry Classification System (NAICS) is the standard used by Federal statistical agencies in classifying business establishments for the purpose of collecting, analyzing, and publishing statistical data related to the U.S. business economy.

Purpose of insurance Its aim is to reduce financial uncertainty and make accidental loss manageable. It does this substituting payment of a small, known fee - an insurance premium - to a professional insurer in exchange for the assumption of the risk a large loss, and a promise to pay in the event of such a loss.

Insurance companies evaluate risks, gather premiums, and draft policies that specify the details of coverage. Policyholders may submit claims for compensation when they suffer covered losses.

State Farm Top 10 Largest Auto Insurance Companies

Marsh McLennan is the biggest insurance broker in the U.S. by revenue.

Business establishments are classified using a 6-digits NAICS code from general to specific in a hierarchical structure through the following format: the first two digits of the code designate the Sector, the third digit designates the Subsector, the fourth digit designates the Industry Group, the fifth and sixth ...

The NAIC assigns a five-digit code (called an NAIC code or NAIC number) to every insurance company authorized to do business in the United States.