Insurance Holding Companies in Alabama

Birmingham / Alabama / United States

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ProAssurance Corporation is a specialty insurer with $3 billion in assets and more than $740 million in gross written premiums, making it the nations fourth-largest medical liability insurance company and a leading writer of personal lines of insurance in the state of Michigan. The company does business in two insurance segments, professional liability and personal lines. Through its wholly owned professional liability subsidiaries The Medical Assurance Company, ProNational Insurance, Red Mountain Casualty Insurance and WoodBrook Casualty Insurance ProAssurance insures more than 23,000 physicians and other health care risks. ProAssurances personal lines subsidiary, MEEMIC Insurance Company, provides auto, homeowners, umbrella and boat coverage, primarily for educational employees and their families in Michigan, where its the 10th-largest writer of personal automobile insurance. Headquartered in Birmingham, Ala., ProAssurance was formed by the combination of Medical Assurance and Professionals Group in June 2001.

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Protective Life Corporation, Birmingham

Birmingham / Alabama / United States

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Protective Life Corporation and its subsidiaries provide insurance and investment products to individuals and families throughout the United States. The organization markets life insurance under the banners of Protective Life Insurance Company, West Coast Life Insurance Company, Empire General Life Assurance Corporation and Protective Life and Annuity Insurance Company. Its acquisitions division acquires blocks of policies from other businesses. Protective Life features retirement plans and investment products, such as annuities, funding agreements and guaranteed investment contracts. The company also supplies asset-protection instruments, including credit insurance and service contracts. It serves more than 1 million customers in the U.S. John D. Johns has been the chief executive officer of Protective Life for more than four years. He has been with the insurance company for over 13 years. Johns earned a BA from the University of Alabama, and a MBA from Harvard. Protective Life Corporation was founded in 1907 and is headquartered in Birmingham, Ala.

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The National Security Group, Inc, Elba

Elba / Alabama / United States

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The National Security Group is comprised of a family of companies committed to preserving the financial security of individuals and families. Established in 1947, the companies provide a line of insurance products and services. The National Security Group s companies consist of National Security Insurance Company, National Security Fire and Casualty Company, as well as the Omega One Insurance Company. The company s life insurance products include whole life insurance, joint whole life insurance, term life insurance and group term life insurance. Health and accident insurance products include accident insurance, critical care insurance, specified cancer insurance, disability insurance, hospital indemnity insurance and vision. Its property and casualty insurance products include dwelling fire insurance, limited homeowners insurance and private passenger automobile insurance. The National Security Group maintains its headquarters in Elba, Ala.

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