The U.S. property & casualty insurance industry pays out more than $400 billion in policy benefits, according to the American Insurance Association.
The industry also employs about 2.3 million people, making property & casualty (or “P&C,” as insurance insiders call it) one of the more important spokes in the insurance industry wheel.
So why does one major insurance company call P&C insurance one of the most “overlooked” forms of personal and business insurance?