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Amica Mutual Insurance Company is a Rhode Island–based mutual insurance company that offers auto, home and life insurance. [1] Amica was founded as the Automobile Mutual Insurance Company of America by A.T. Vigneron in 1907 and originally offered auto, fire and theft insurance. [2] Since then, Amica has expanded to offering auto, home and ...
In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...
American Modern Insurance Group, Inc., operating under the American Modern® insurance brand, is the holding company for a number of subsidiary property and casualty insurance companies that provide specialty products for owners of a variety of specialty dwellings such as houses, seasonal homes and mobile homes, and collectable or recreational vehicles such as watercraft, snowmobiles and ...
Most flood coverage is provided by the US government’s National Flood Insurance Program, after private insurers exited the market en masse nearly 100 years ago following catastrophic flooding of ...
The Biggert–Waters Flood Insurance Reform Act of 2012 had provisions aimed at encouraging a private flood insurance market, which could benefit consumers by covering more than the $250,000 cap ...
According to the Insurance Information Institute, an industry trade group, Florida, Louisiana and Texas account for 40% of all flood insurance policies nationwide. But it’s not just coastal ...
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