Types of Insurance
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Global Insurers Post 16.8% Returns as Aon Sees Shift Toward More Selective Growth
www.insurancemarketandnews.com Global property and casualty insurers delivered their strongest average return on equity in years in 2025, but the latest industry analysis suggests that maintaining those gains will require more than favorable market conditions. Aon’s review of 120 global insurers found average RoAE reached 16.8%, the highest level recorded since the firm began tracking the…
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Massive Jeep Safety Recall Issued After Fire Hazard Linked to Electrical Component
www.insurancemarketandnews.com Federal auto safety officials have warned owners of certain Jeep vehicles to avoid parking them inside garages or near buildings after identifying a defect that could ignite a fire even when the vehicle is switched off. The precaution accompanies a nationwide recall affecting 1,076,999 Jeep vehicles manufactured for the 2021 through 2025 model years. …
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DOT Channels $1.73 Billion Into Roads, Bridges, and Transit Projects Spanning 52 States
www.insurancemarketandnews.com The U.S. Department of Transportation announced on July 7, 2026, that it will direct $1.73 billion toward 127 infrastructure projects spread across 52 states, territories, and the District of Columbia — the latest round of federal BUILD grant funding under the Trump administration. Transportation Secretary Sean P. Duffy framed the investment as a commitment…
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Background and Historical Overview of Workers’ Compensation in the United States and California
The idea of providing workers with sufficient protection as well as compensation for the injuries or illness that occurs at the workplace was first introduced at the beginning of the 20th century with the emergence of the trade union movement. The increasing awareness among the general people, poor working condition in various sectors along with…
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Business Insurance Quotations from Multiple Insurance Providers
Any good business plan should include a contingency for locating and purchasing insurance. With as much effort and forethought as you’ve put into setting up the rest of your business and getting the operation under way, the last thing you want to skimp on is the insurance. Understandably, however, you don’t want to pay more…
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Independent Contractor Insurance – Liability and Other Types of Insurance
Everyone is familiar with the old Murphy’s Law quote, that anything that can go wrong will go wrong. A lesser-known corollary deals specifically with general contractors, and goes, anything that can go wrong will go wrong, and at the worst possible time. Every independent contractor who has been in business for any amount of time…
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Insurance Solutions for General Contractors Facing Significant Loss Exposures
It’s an uncertain world out there and in no place is this more self-evident than the business of contracting. This is precisely why most reputable contractors carry general contractors’ insurance. Exposure to a lawsuit in contracting is great and may come from myriad quarters. Contractors can find themselves facing both criminal and civil suits for…
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Different Types of Insurance Policies
What is General Liability Insurance? A type of insurance coverage that provides protection to the insured in case he/she is sued for claims that arise within the coverage of the policy. This type of insurance policy is common for businesses and companies, as it provides protection when negligent acts resulted in bodily injury or…
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