Georgia

Insurance

In 2001 there were 5.6 million ordinary life insurance policies in force with a total value of $333.2 billion; total value for all categories of life insurance (ordinary, group, industrial, and credit) was $547.2 billion. Death benefits paid that year totaled $1.6 million. In 2003 there were 21 life and health insurance companies and 39 property and casualty insurance companies domiciled in Georgia. In 2001, property and casualty insurers wrote premiums totaling $9.8 billion. That year, there were 64,498 flood insurance policies in force in the state, at a total value of $10.2 million.