Property and casualty insurance reduces the risk of financial loss in the event of an accident involving

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Property and casualty insurance reduces the risk of financial loss in the event of an accident involving damage to property or persons. It includes workers’ compensation and fire insurance. In 2014, we spent $390 billion on this insurance.

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Foundations Of Microeconomics

ISBN: 9780134491981

8th Edition

Authors: Robin Bade, Michael Parkin

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