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Business, 18.08.2021 05:00 jordanrose98

1. It's increasingly difficult to predict the loss reserves that an insurance company needs to maintain financial security. This is especially true for property and casualty companies because of: the collapse of companies like Enron and AIG partisan politics in Washington, D. C., and the various state capitols court-ordered liberalization of insurance contract interpretations and the expansion of theories of tort liability the collapse of the U. S. housing market and overall recession

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