In the midst of what appears to be a golden age for the insurance industry, one might wonder: what's the difference between insurance and a Ponzi scheme? In 2023, the property and casualty (P&C) insurance sector amassed an eye-watering $88 billion in profits, more than doubling the previous year's earnings and marking the most profitable…
Florida, often associated with sunny weather and iconic attractions, also faces risks like extreme weather and sinkholes. Sinkholes, a known peril in the state, can cause substantial damage to homes, raising questions about insurance coverage. Let's delve into the impact of sinkholes on homeowners insurance in Florida and explore ways to potentially lower premiums.
What…
Florida's once-stable homeowners’ insurance market has been buffeted by a harsh reality – rising insurance costs fueled by an increase in hurricane frequency and intensity. This has led to a mass exodus of insurers and reinsurers, leaving many Floridians struggling with skyrocketing premiums and limited coverage options. However, a glimmer of hope emerges with American…
Company name: AXA
Founder: Claude Bébéar
Year: 1816
Total Assets: €780.9 billion
Revenue: €103.5 billion
Net Income: €3.85 billion
Country: France
Headquarter: 25 Avenue Matignon, Paris, France
Industry: Financial Service
Webpage: www.axa.com
Number of employees: 120,859
AXA, an insurance group with mutual companies at the top of its financial structure, is the second-biggest insurance institution in France and the 13th biggest in the world. Although it…
In truth, many people don't pay enough attention to the health of our mouths, notably the teeth and gums. Some offer their teeth only a perfunctory brushing, usually skip brushing, use the incorrect brushing technique, and shelve seeing a dentist although they're experiencing discomfort or have broken or missing teeth. This neglect, however, will have…
Choosing the best insurance coverage is a common desire for everyone, but surely this is a tough task to pick the best one among many options. You need to gather some knowledge, seek suggestions from experts or close one, and evaluate different options to pick the right coverage. Reducing insurance cost is also important, and…