[{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/www.rizklaw.com\/blog\/choosing-an-insurer\/#BlogPosting","mainEntityOfPage":"https:\/\/www.rizklaw.com\/blog\/choosing-an-insurer\/","headline":"Choosing an Insurer","name":"Choosing an Insurer","description":"As leadership, ownership and holdings of insurance companies change, so do insurers. Yesterday\u2019s great insurer may be a lousy insurer today. Of course, an insurer\u2019s leaders and owners can impact how effective and honest an insurer will be. Most consumers are not aware, however, that insurers make most of their money on investments, not the...","datePublished":"2021-09-21","dateModified":"2024-12-30","author":{"@type":"Person","@id":"https:\/\/www.rizklaw.com\/blog\/author\/rizklaw\/#Person","name":"Rizk Law","url":"https:\/\/www.rizklaw.com\/blog\/author\/rizklaw\/","identifier":9,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/10e23ce5e6c4dadb4589cd8edf2c3f59ac356a6e876c3656917777913d9c3bc1?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/10e23ce5e6c4dadb4589cd8edf2c3f59ac356a6e876c3656917777913d9c3bc1?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Rizk Law","logo":{"@type":"ImageObject","@id":"https:\/\/www.rizklaw.com\/wp-content\/uploads\/2024\/03\/rizk-law-logo-footer.jpg","url":"https:\/\/www.rizklaw.com\/wp-content\/uploads\/2024\/03\/rizk-law-logo-footer.jpg","width":278,"height":65}},"image":{"@type":"ImageObject","@id":"https:\/\/www.rizklaw.com\/wp-content\/uploads\/2024\/03\/Richard-Rizk-headshot.jpg","url":"https:\/\/www.rizklaw.com\/wp-content\/uploads\/2024\/03\/Richard-Rizk-headshot.jpg","width":383,"height":427},"url":"https:\/\/www.rizklaw.com\/blog\/choosing-an-insurer\/","about":["Firm News"],"wordCount":188,"articleBody":"As leadership, ownership and holdings of insurance companies change, so do insurers. Yesterday\u2019s great insurer may be a lousy insurer today. Of course, an insurer\u2019s leaders and owners can impact how effective and honest an insurer will be. Most consumers are not aware, however, that insurers make most of their money on investments, not the business of insurance. Therefore, how well or how poorly an insurer\u2019s investments have been returning lately can hugely impact an insurer\u2019s claims decisions.\u00a0You can check an insurer\u2019s financial ratings through the following companies:Standard & Poor\u2019s (212) 438-2400AM Best (908) 439-22-000 www.ambest.comMoody\u2019s (212) 553-0377 www.moody\u2019s.comStreet.com\u00a0 (800) 289-9222 www.weissratings.comFitch Inc. (800) 893-4324 www.fitchratings.comKeep in mind that an insurer\u2019s performance may differ across the US. For that reason, it\u2019s also important to check locally for the volume of complaints against a particular insurer in your state. Oregon\u2019s Division of Financial Regulations keeps taps on such complaints. To find out more, go to dfr.oregon.gov or call (503) 947-7984 or toll free at (888) 877-4894."},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Blog","item":"https:\/\/www.rizklaw.com\/blog\/#breadcrumbitem"},{"@type":"ListItem","position":2,"name":"Choosing an Insurer","item":"https:\/\/www.rizklaw.com\/blog\/choosing-an-insurer\/#breadcrumbitem"}]}]