Finance
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Fun Facts About Insurance
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The U.S. insurance industry generates over $1.5 trillion in annual premiums.
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The word "insurance" originates from the old French word "assurer," meaning "to make sure."
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The first insurance company in the United States was established in Charleston, South Carolina, way back in 1735.
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More than 2 million people are employed by the insurance industry in the United States.
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The average American household spends around $1,500 per year on various insurance premiums.
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Long-term care insurance is the most expensive type in the U.S., with potential costs exceeding $5,000 per month.