National General Insurance. What Is General Insurance? National General Insurance, also known as NGIC, was a property and casualty insurance company that provided a variety of insurance products to individuals and businesses. They offered auto insurance, homeowners insurance, renters insurance, and other coverage options. Financial Stability Financial stability refers to the state of a financial system or an individual’s financial situation being robust and secure, with the ability to withstand shocks or disruptions without major negative consequences. It is a condition where financial markets, institutions, and individuals can effectively…
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