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Merchants Preferred commenced business in 2007 to rebuild and expand its preferred-risk business after the sale of a like subsidiary, [1] and Merchants National commenced business in 2009. [2] Merchants employs over 300 insurance professionals throughout its operating territories, and works with more than 1,000 independent insurance agents.
April 1, 1947 – Preferred Risk Mutual Insurance Company was licensed to operate in Iowa. 1948 – A "merit reduction" plan was introduced, which was the first of its kind in the country. Policyholders received a 15 percent reduction in premium at their first annual renewal if they didn't file claims, with further reductions of 5 percent each ...
AmTrust Financial Services, Inc., is a New York City-based multinational property and casualty insurance company, offering workers’ compensation, general liability, business owners policies (BOP), cyber liability, employment practices liability (EPLI) and more.
Insurance in the United States refers to the market for risk in the United States, the world's largest insurance market by premium volume. [1] According to Swiss Re, of the $6.782 trillion of global direct premiums written worldwide in 2022, $2.959 trillion (43.6%) were written in the United States.
Preferred Risk - by Frederik Pohl and Lester del Rey (under the pseudonym Edson McCann); describes a dystopian future dominated by the insurance industry; in Pohl's own words, "the one novel I wrote with Lester del Rey, which was called Preferred Risk, took a year out of my life. It's a terrible book.
In one of the earliest cases to test the law, an insurance company, Unum, sued a former employee, Timothy Loftus, alleging misappropriation after he took boxes of documents to investigate what he ...
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