The 2017 and 2018 wildfire seasons were a catastrophic shock to communities, legislators, and insurance companies. This paper discusses some of the ways in which insurers are educating their customers about wildfire risks, with the goal of creating resilient communities in high-risk areas and fostering the development of new tools and techniques to help build a more wildfire-resilient world.
Whether you're hosting a Thanksgiving get-together or greeting the New Year with a few friends, if you're planning to serve alcohol at your home take steps to limit your liquor liability and make sure you have the proper insurance.
The first half of 2019 was by most measures financially successful. Revenue and capital both rose in 2019:1H. Net premiums earned grew by 3.8 percent and policyholders’ surplus rose by 5.4 percent over its level at the end of the first half of 2018, ending at $802.2 billion.
VIATICAL SETTLEMENT COMPANIES-
Firms organized for the sole purpose of buying life insurance policies. The companies assume the premium payments, and collect the face value of the policy upon the policyholder’s death.
OPEN COMPETITION STATES- States where insurance companies can set new rates without prior approval, although the state’s commissioner can disallow them if they are not reasonable and adequate or are discriminatory.See Full Glossary
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For immediate release I.I.I. Press Office: (212) 346-5500; email@example.com NEW YORK, November 5, 2019 – Nearly a year after the deadliest and costliest wildfire in U.S. Read More