Sentence examples for sold coverage from inspiring English sources

To win customers in new territories, the insurers underpriced their rivals, and, as a result, many sold coverage for less than the ultimate cost of claims.

In one such deal that reflected nervousness over Brazil's financial stability, the American International Group and a European insurer sold coverage to Embraer, the Brazilian aircraft manufacturer, on its purchase of $150 million worth of aircraft engines and avionics parts.

Policies would be subject to laws in a company's home state, but would be exempt from many of the consumer protection laws, rating rules and benefit mandates in other states where the company sold coverage.

A federal court has taken action to shut down the sponsor of that plan, Employers Mutual L.L.C., which was based in Nevada and sold coverage to more than 22,000 people.

The nation's largest insurer, UnitedHealth Group Inc., had expanded rapidly into the public exchanges and sold coverage in 34 states this year.

Available only in Texas, MileMeter sells coverage for a specified number of miles.

When the capital falls below certain minimums rating agencies cut ratings, making it harder to sell coverage.

Mr. Berkley said that like other reinsurers, his company had stopped selling coverage for terrorist attacks after Sept. 11.

Like Home Depot selling plywood for windows or Wal-Mart selling jugs of water, the Weather Channel sells coverage of weather-related disasters.

Blue Shield's decision also illustrates how the insurers are able to absorb the losses associated with selling individual coverage because they are generating profits in other markets, like selling coverage for employers.

Most of the claims involved damage to homes and cars, and companies that sell personal insurance are taking a bigger blow than those that sell coverage to businesses.