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Its largest film insurance payout was a $15 million claim after star John Candy died during production of the 1994 film Wagons East. [ 3 ] In September 2014, it was announced in the German press that Allianz Global Corporate & Specialty (AGCS), Allianz Group's specialty corporate insurer, would fully integrate Fireman's Fund's commercial ...
The California FAIR Plan is an insurance program of last resort for homeowners in high-risk areas of the Golden State who are unable to obtain fire coverage in the private insurance market.
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An 18th-century fire insurance contract. Property insurance can be traced to the Great Fire of London, which in 1666 devoured more than 13,000 houses.The devastating effects of the fire converted the development of insurance "from a matter of convenience into one of urgency, a change of opinion reflected in Sir Christopher Wren's inclusion of a site for 'the Insurance Office' in his new plan ...
The insurance business of the Exchange and its subsidiary insurance companies is managed, by contract, by California Casualty Management Company, a separate and independent company. The relationship between California Casualty Management Company and the Exchange has been in place since the founding of the Exchange in 1914.
Coverage type. Details. Standard policy. Requires an additional policy or endorsement. Liability. If a guest is injured while on your property or you are found responsible for damaging someone ...
Extended coverage is a term used in the property insurance business. All insurance policies have exclusions for specific causes of loss (also called "perils") that are not covered by the insurance company. An extended coverage endorsement (EC) was a common extension of property insurance beyond coverage for fire and lightning.
They must anticipate claims by looking at the past 20 years, a mandate trade groups argue is obsolete. California is the only state that forces companies to do so.