Discover what loss reserve means in general insurance. Learn about the insurer's estimated total liability for pending claims, incurred but not reported losses, and more.
Learn about the Disclosure Authorization Form, a vital document permitting the disclosure of private information in insurance-related transactions. Understand the information collected and its shared entities.
Learn about the concept of renewal in general insurance terms, which refers to the continuation of an in-force policy status through the payment of a premium.
Learn about subordination in surety bonds, a process where a particular matter is given less importance compared to another. Discover its implications in the insurance domain.
Understand the fallen building clause in property insurance, highlighting its impact on fire insurance when a building collapses for reasons other than fire or explosion.
Explore comprehensive definitions, etymologies, synonyms, antonyms, facts, quotes, government regulations, references, and quizzes related to insurance terms. Ideal for professionals, students, and enthusiasts.