According to S&P Global Market Intelligence, total P/C cash and investment assets were $1.9 trillion in 2019.In 2019, L/A cash and invested assets reached $4.3 trillion, compared to $2.8 trillion in separate accounts assets and other investments.Both industries had a combined cash and invested asset value of $9.0 trillion.Bonds made up the majority of these assets (57 percent of P/C assets and 71% of L/A assets, excluding separate accounts).According to the US Bureau of Economic Analysis, insurance carriers and associated businesses contributed roughly $630 billion, or 2.9 percent, to the nation’s GDP in 2019.According to the National Association of Insurance Commissioners, there were 5,965 insurance businesses in the United States (including territories) in 2019.P/C (2,496 firms), L/A (837), health (952), fraternal (82), title (61), risk retention groups (243), and other companies make up this total (1,251).Although most private health insurance is issued by organizations that specialize in that field, accident and health insurance is also written by life and property and casualty insurers.According to S&P Global Market Intelligence, total private health insurance direct premiums issued in 2019 were $968.3 billion, with $757.4 billion from the health insurance section, $204.1 billion from the L/A sector, and $6.7 billion from P/C annual statements.Government initiatives are also included in the health insurance market.Annuities, accident and health insurance, and life insurance are all part of the L/A insurance business.In 2019, the sector’s net premiums written totalled $678.7 billion.Auto, homes, and business insurance are the most common types of P/C insurance.In 2019, the sector’s net premiums written totalled $637.7 billion.insurance market reached $1.32 trillion in 2019, with property/casualty (P/C) insurers accounting for 48% and life/annuity (L/A) insurers accounting for 52%. According to S&P Global Market Intelligence, net premiums written in the U.S.So, why not dress up a little and make the shopping itself a social event? After all, grocery stores are a vital part of our communities – they provide us with the things we need to survive along with all the ingredients we need to create social events. Either way, if you happened to wheel up to the counter about the same time as any of these lovely ladies, you would probably glance down and rethink your own outfit. Like any good red carpet event, there are a few outfit wins and some epic outfit fails. We get it, they want to look nice, but one look at the pictures below and you’ll be wondering why they went so over the top when all they need is a packet of chips or some household staples like fresh fruits, vegetables, and meat. Though this may be the case for most people, there are some who treat every grocery store dash as a red carpet event. We may not put on our loveliest gowns and suits every time we have to do a grocery run to buy milk and diapers, but we will make sure we look decent. When did dressing up for the grocery store become a big deal? Well, we live in a world that promotes creativity, freedom of expression, and independence.
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