First State Insurance Company was a significant player in the United States excess and surplus (E&S) insurance market for many years. As a subsidiary of the global insurance giant American International Group (AIG), it specialized in providing coverage for unique, complex, or high-risk exposures that the standard insurance market would not typically cover. In a strategic move to streamline its operations, AIG consolidated its E&S businesses, merging the operations and brand of First State Insurance Company into its larger E&S unit, Lexington Insurance Company. While the legal entity may still exist for run-off purposes, its active business and brand now operate under the Lexington Insurance name.

Founded in

United States