Recent severe winter weather in Texas demonstrates the considerable damage these conditions can have on homes and businesses. Standard homeowners policies will cover most winter disasters, but call your insurance professional as soon as possible and familiarize yourself with the claims filing process.
A Firm Foundation 2021 contains charts and tables that highlight the vital roles played by insurers, whether it is helping communities recover financially from major catastrophes or investing in municipal bond markets. In addition, the report delivers a snapshot of the industry’s economic impact in every U.S. state. The report demonstrates that U.S. property/casualty insurers, a group consisting of auto, home, and business insurers, as well as life insurers, are major employers, investors, and taxpayers.
GUARANTEED INCOME CONTRACT / GIC- Often an option in an employer-sponsored retirement savings plan. Contract between an insurance company and the plan that guarantees a stated rate of return on invested capital over the life of the contract.
GAP INSURANCE- An automobile insurance option, available in some states, that covers the difference between a car’s actual cash value when it is stolen or wrecked and the amount the consumer owes the leasing or finance company. Mainly used for leased cars. (See Actual cash value )See Full Glossary
For immediate release New York Press Office: Michael Barry, 917-923-8245, email@example.com NEW YORK, Feb. 25, 2021—The Insurance Information Institute (Triple-I) today released its just-updated A Firm Foundation: How Insurance Supports the Economy. Read More
For immediate release New York Press Office: Michael Barry, 917-923-8245, firstname.lastname@example.org NEW YORK, Feb. Read More