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Insurance, generally, is a contract in which the insurer agrees to compensate or indemnify another party (the insured, the policyholder or a beneficiary) for specified loss or damage to a specified thing (e.g., an item, property or life) from certain perils or risks in exchange for a fee (the insurance premium). [2]
economical.com. Economical Insurance, founded in 1871, is a Canadian Property & Casualty insurance company, offering automobile, property, liability, agriculture, and surety insurance. Its executive offices are located in Waterloo, Ontario, with regional offices across Canada. [1] The company has a 4.02% market share, measured by direct written ...
Farmers Insurance Group (informally Farmers) is an American insurer group of vehicles, homes and small businesses and also provides other insurance and financial services products. Farmers Insurance has more than 48,000 exclusive and independent agents and approximately 21,000 employees. Farmers is the trade name for three reciprocal exchanges ...
The District of Columbia Fire and Emergency Medical Services Department (also known as DC FEMS, FEMS, DCFD, DC Fire, or DC Fire & EMS), established July 1, 1804, [3] provides fire protection and emergency medical service for the District of Columbia, in the United States. An organ of the devolved district government, Fire & EMS is responsible ...
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 ...
Fireman's Fund Insurance Company was an insurance company based in Petaluma, California which provided personal, commercial property, and casualty insurance products in the United States. The company was a principal U.S. subsidiary of Allianz, a global financial services company. Fireman's Fund offered a ranging portfolio of coverage including ...
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False insurance claims are insurance claims filed with the fraudulent intention towards an insurance provider. Insurance fraud has existed since the beginning of insurance as a commercial enterprise. [2] Fraudulent claims account for a significant portion of all claims received by insurers, and cost billions of dollars annually.