Learn about the preemptive right in general insurance terms, a provision that allows current stockholders to maintain their ownership percentage by purchasing newly issued stock before the public.
Learn about self-insurance, an alternative to traditional insurance used by large organizations. Discover how companies manage future risks by setting aside funds for anticipated and unanticipated losses.
Learn about commercial insurance companies, which are privately owned entities selling insurance for profit. Discover their role in the insurance industry.
Explore comprehensive definitions, etymologies, synonyms, antonyms, facts, quotes, government regulations, references, and quizzes related to insurance terms. Ideal for professionals, students, and enthusiasts.