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Julia Kagan has written about private finance for greater than 25 years and for Investopedia since 2014. The former editor of Consumer Reports, she is an skilled in credit score and debt, retirement planning, residence possession, employment issues, and insurance. She is a graduate of Bryn Mawr College (A.B., history) and has an MFA in inventive nonfiction from Bennington College. The first insurance patent to be granted was including another instance of an software posted was. This patent software describes a way for increasing the benefit of changing insurance firms.<br><br>A reinsurer can also be a direct writer of insurance dangers as well. Pollution insurance usually takes the form of first-party coverage for contamination of insured property either by exterior or on-site sources. 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