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Columbia Mutual Insurance Company is the parent company of a group of five property and casualty insurance companies operating as the Columbia Insurance Group. The group of companies primarily focus on insuring businesses but, also, insure farms, homes and cars. The company is licensed in 30 states, with policyholders in 19 states.
Property and casualty guaranty funds step in to pay the covered claims (which would otherwise go partially or entirely unpaid) of policyholders of an insolvent insurer at levels determined by state law. This ensures policyholders and claimants at greatest risk are protected from the most severe consequences of an insurer's failure.
For businesses, property and casualty insurance can also cover injured Workers Compensation Insurance, product liability claims, or medical malpractice claims. Independent insurance agents typically represent a number of insurance companies, or "carriers", and sell the products that most appropriately meet the needs of their clients.
Property and casualty insurance. Add languages. Add links. Article; Talk; English. Read; Edit; ... Text is available under the Creative Commons Attribution-ShareAlike ...
$25,000 property damage liability per accident. ... Georgia drivers who lose their license following an insurance-related suspension will also likely need to file an SR-22 form, which is a ...
Chartered Property Casualty Underwriter (CPCU) is a professional designation in property-casualty insurance and risk management, [1] administered by The Institutes (AKA American Institute for Chartered Property Casualty Underwriters). Achieving the designation requires completion of eight courses covering topics such as risk management ...
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