Why Property & Casualty Insurance Should Not Be Optional

Published by
The Street

By Brian O’Connell Americans who bypass property & casualty insurance are taking a huge financial risk, experts say. The U.S. property & casualty insurance industry pays out more than $790 billion in policy benefits, according to the Treasury Department. The industry also employs more than half a million people, making property & casualty (or “P&C,” as insurance insiders call it) one of the more important spokes in the insurance industry wheel. The Reason Why No One Knows About Property & Casualty InsuranceP&C insurance is one of the most “overlooked” forms of personal and business insurance. …

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