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Number of employees. 500+ (2015) Website. www.AmericanStrategic.com. American Strategic Insurance (ASI) was formed in 1997 and led by CEO and President, John Auer. Its initial offering was Florida homeowners insurance. [1] The company has experienced rapid growth and is now expected to offer coverage nationwide by 2017, establishing its place ...
Progressive Corporation. The Progressive Corporation is an American insurance company. In late 2022, Progressive became the largest motor insurance carrier in the U.S. [2] The company was co-founded in 1937 by Jack Green and Joseph M. Lewis, and is headquartered in Mayfield, Ohio. [3] The company insures passenger vehicles, motorcycles, RVs ...
Flood insurance. Flood insurance is the specific insurance coverage issued against property loss from flooding. To determine risk factors for specific properties, insurers will often refer to topographical maps that denote lowlands, floodplains and other areas that are susceptible to flooding. [1]
The National Flood Insurance Program covers up to $250,000 for a building and offers policies to protect contents worth as much as $100,000. That’s not always enough to replace an entire ...
FEMA’s Risk Rating 2.0 is a new rating system for NFIP flood insurance policies. The program rolled out in two phases. Phase one began October 1, 2021 and entailed new policies being subject to ...
Under a revamped federal flood insurance program rolled out in the fall of 2021, millions of homeowners are set for rate hikes that officials say more accurately reflect a property’s risk. (AP ...