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Insurers across all lines wrote $960,802,932,489 in direct premiums in 2023, according to NAIC market share report.
Inland marine insurance professionals now use cutting-edge tech to navigate the modern risk landscape across industries.
The case involves an intoxicated teen driver, who got into an accident and injured a passenger.
The company will continue operating other commercial lines for small- and medium-sized businesses in the state.
The deal will make HDI International the third-largest player in the Latin American P&C market.
Growing construction costs, increasing catastrophe exposure and a difficult reinsurance market led to the decision, according to the company.
Home insurance rates in the U.S. are expected to see an average increase of 9% this year.
These survey results are based on responses from more than 4,100 current U.S. residents.
Businesses in Spain, Portugal and Ireland are allegedly being considered for divestment, although talks are still in early stages.
Coverages that BOPs typically provide include property insurance for buildings and contents, business interruption coverage and liability protection.
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