Property and Casualty Insurance

Property And Casualty Insurance Company
Sidewalk contract OK’d without bids
The North Little Rock City Council voted unanimously last week to extend a sidewalk contract with a company that currently has an expired license, and hasn’t bid on a city project since 2006.
GROUP 3 PART 2 : Property And Casualty Insurance Company – Progressive

The portfolios of property and Casualty Insurance Companies are generally concentrated in?

a. liquid assets
b. mutual funds
c. U. S. Treasury bonds
d. primary securities

I believe it is: a. liquid assets

Almost positive it is (c). Insurance companies must hold a certain amount of their portfolio in “reserves” that meet “reserve requirements,” basically they have to be approved by the NAIC. This is because of insurance regulation and actually drives the insurance cost to consumers up.

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