Health insurance customers often overlook the Incurred Claim Ratio (ICR), a crucial indicator of an insurer's reliability.

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Anthony Battle is a CERTIFIED FINANCIAL PLANNER™ professional. He earned the Chartered ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Eric's career includes extensive work in both public and corporate accounting with ...

A purchase made on credit, whether on a company credit card or through an established billing arrangement, is an incurred expense until the debt is satisfied and becomes a paid expense. Many companies ...