Of that amount, the Private Passenger Auto Insurance marketplace continues to have the largest amount of direct premiums written in the industry with a total of $ 253,238,614,669 in 2019, representing approximately 36% of all reported written premiums. The state of the Private Passenger Auto Insurance marketplace With approximately 84.62% of Property & Casualty insurers having reported, the Direct Premiums Written for all lines of insurance business in 2019 was $623,639,809,558. The state of the P&C insurance marketplace in the U.S. Other Liability (excluding auto liability).The data is then compiled and included in various reports on cumulative market share data for the seven major lines of insurance in the United States: As in the past, the data offered by the NAIC reflects a compiled list of market share data based upon filings of countrywide premium submitted to the NAIC from Property & Casualty insurers as reported on the State Page of the NAIC’s annual statement for insurers for the year 2019 (the latest date for which complete data is available). It is one of the greatest achievements of Naic because the other towns followed suit.The National Association of Insurance Commissioners has issued its annual Market Share Data Reports for both the Property & Casualty Insurance Marketplace as well as for the Life & Fraternal Insurance Marketplace. Naic is also the very first town in the country to pass an ordinance banning pigs on the street for it had been a perennial problem of the country. Battle of Naic where Aguinaldo declared the town to be his last defense (Poblacion).Battle of Timalan where the Filipino revolutionists won overwhelmingly against the Spanish Troops (Timalan, Naic, Cavite).The appointment of the first cabinet ministers including the Departments of Interior,Justice,Finance and Defense (Casa Hacienda de Naic).The aborted ‘coup d’ etat (Acta de Naic) initiated by Andres Bonifacio and his 41 co-revolutionists which almost ovethrew the government initiated in Tejeros (Casa Hacienda de Naic).The designing of the first official flag of the country which took place in Sulok, Naic, Cavite (the present Velamart).Furthermore, five historic events took place in Naic which helped in the attainment of freedom from Spain. In the revolution of 1897, all the names of the towns in Cavite were Filipinized, thus, the name of Naic was changed to “Maguagi”. Upon the “Royal Audencia” issued in 1849, the church was transferred to the Dominican hacienda in Naic as early as 1830 and upon finding out that the land in Naic was fertile, they built the Casa Hacienda de Naic (the present Naic Elementary School) to be the administration building for the overseer of the large friar lands in Naic (JOSE, 1996). On the other hand, the church since 1797 was under the secular clergy who were mostly Filipinos (JOSE, 1997 MEDINA, 1992). Moreover, due to the closeness of Naic to the Poblacion in Maragondon, Naic transferred its center in 1798 to the eastern bank of the river (the present Poblacion (MEDINA, 1992).lso during this time, the town was already a flourishing fishing and agricultural village (VILLANUEVA, 1982). SAULO contends that Naic is a highly cultured Tagalog word meaning “suburbs” or “countryside”.Īlso in Malaysia, Naic means “overboard” which only proves that the terms used, refers to the fact that Naic was just a part of the older town of Maragondon and not from the crying sound of pigs (NA-IGIK). The town was named NAIC after the old archaic word “CAÑAYIC” meaning “town near one another” or “the other side” (MEDINA, 1992), while ALFREDO B. In 1791, the community was finally made into a town with its Poblacion still in the western bank. Muzon) and made it into a “sitio” with a visita still under Maragondon (VANCE JOSE, 1996 MEDINA, 1992). In 1758, the Jesuits founded a community in the western bank of the river (presently Brgy. When the Jesuits discovered Maragondon in 1627, its total land area covered the whole of Naic, Ternate, and Magallanes (VANCE SAULO and de OCAMPO, 1990 MEDINA, 1992). Naic was the western slope of the volcano until it erupted internally that led to the sinking of its apex in its present condition. Thousands of years ago, Naic was a part of the towering Mt.
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