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How insurance companies make their money

Insurance companies make money by selling policies to their customers, a new study finds.The study by PricewaterhouseCoopers (PwC) found that insurers have been losing money since the financial crisis, with the average loss of about 1% a year.In 2017, insurers made losses of more than $5.5bn.However, they have made more than twice as much since […]

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Headhunter Insurers Are Selling Off Their Own Businesses for Cash

Headhunter Insurance, a major insurance company, has sold off its own businesses to pay for its new $2.4 billion acquisition of insurance for duds.In a statement, Headhunter said it is “proud to announce that it is selling off all of its existing and future assets including its headquarters, business and other businesses.”The deal, announced Wednesday, […]

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When you should never buy insurance coverage

The first thing to know about buying insurance coverage is that the term “insurance” is often confused with a product like insurance for duds.But that’s not always the case.Insurance for Dummies: What’s Insurers for Duds?When you get a quote for your policy, it’s important to understand what the terms “insurer” and “duds” mean.The term “dud” […]

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How to write a safe, reliable, and dependable auto insurance policy

Auto insurance is the first line of defense when you’re driving a car.That’s why it’s one of the most important pieces of your car insurance policy.You should have a reliable, dependable car insurance product to take care of it.If you don’t, your vehicle will get stolen, wrecked, or even your life could be in danger.Here […]

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How to find and get your insurance quote online, from an insurance broker

How to get an insurance quote on a business’ website without having to do anything?In this article, we’ll walk you through how to find your insurance quotes and find out how much it will cost.How do I find a business insurance broker?There are many options out there to find a broker.You can either go to […]

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