The 2020 Atlantic hurricane season officially ends today with a record 30 named storms, including a near-record 13 hurricanes. Six were major hurricanes, achieving at least a Category 3 rating on the Saffir-Simpson Hurricane Wind Scale. CSU atmospheric scientist and Triple-I non-resident scholar Dr. Phil discusses here.
There are two major types of life insurance—term and whole life. Whole life is sometimes called permanent life insurance, and it encompasses several subcategories, including traditional whole life, universal life, variable life and variable universal life. In this post, learn more about which type of policy might be right for you.
The global pandemic and costly natural catastrophes will contribute to a projected 101.7 combined ratio for U.S. property/casualty insurers in 2020, higher than the 98.8 the industry posted last year, according to the latest Underwriting Projections: 2020-2022 report from the Triple-I and Milliman.
PREMIUM TAX- A state tax on premiums paid by its residents and businesses and collected by insurers.
AGENT- Insurance is sold by two types of agents: independent agents, who are self-employed, represent several insurance companies and are paid on commission; and exclusive or captive agents, who represent only one insurance company and are either salaried or work on commission. Insurance companies that use exclusive or captive agents are called direct writers.See Full Glossary
For immediate release Triple-I Press Office: 904-806-7813, email@example.com NEW YORK, Nov. Read More
For immediate release Florida Press Office: 904-806-7813, firstname.lastname@example.org SAINT JOHNS, Fla., Nov. 30, 2020 – The 2020 Atlantic hurricane season officially ends today with a record 30 named storms, including a near-record 13 hurricanes. Read More