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Under a typical policy a slave could be insured for $500.00 with an annual premium of about $11.25. A lawsuit resolved in 1870 addressed the issue of debt for an enslaved person purchased on credit, after an insurance company refused to pay out on a property insurance claim, since the slave had committed suicide after being put in a slave mart ...
Crum & Forster based in Morristown, New Jersey, is a property and casualty insurance company. [22] Zenith Insurance Company based in Woodland Hills, California, is a wholly owned subsidiary of Fairfax. Zenith is a specialist in workers' compensation insurance.
1871 — The company paid all of its claims from the Great Chicago Fire – about a half million dollars' worth – within 60 days, nearly wiping out all of the company's capital. 1905 — The company had roughly 6,000 independent agents. [5] 1906 — Fireman's Fund was the first company to provide nationwide auto insurance.
Representatives at Crum & Forster Insurance and North River Insurance Co., the Morristown, New Jersey-based backer of the bond identified in the court filing, did not respond Friday to telephone ...
In March 2024 State Farm, the largest home insurance company in California by market share, broke the news that it would nonrenew around 70,000 policies, 30,000 of which are estimated to belong to ...
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The California Department of Insurance ( CDI ), established in 1868, is the agency charged with overseeing insurance regulations, enforcing statutes mandating consumer protections, educating consumers, and fostering the stability of insurance markets in California. The CDI has authority over how the insurance industry conducts business within ...
The California Employment Development Department froze 27,000 medical provider accounts and 345,000 disability insurance claims that the agency suspected of fraud. Above, the Capitol building in ...