Learn about what a recording agent is in the context of property insurance and how they function within the industry. Understand their role and significance in writing property insurance policies.
Learn about General Adjustment Bureaus, companies specializing in adjusting claims for various insurers. Discover their role in the insurance industry and training offerings.
Explore the concept of automatic non-proportional reinsurance, a vital protection mechanism for insurers against losses exceeding predetermined limits, ensuring financial stability and risk management.
Learn about captive agents in general insurance terms. These agents exclusively represent one insurance company, offering specialized knowledge and dedicated service to clients.
Explore facultative reinsurance, a type of reinsurance where the reinsurer can accept or reject individual policies presented by the insurer. Learn how it works and its benefits.
Discover the prestigious Insurance Hall of Fame, an organization dedicated to recognizing individuals for their exceptional contributions to the insurance industry.
Learn about pure risk in general insurance, a type of risk where loss is the only foreseeable outcome. Explore how it impacts insurers and why it is not beneficial.
Learn about the Property Insurance Loss Register, a key registry for tracking losses of $500 or more due to fire. Explore its purpose and how insurers use it to identify patterns.
Learn about the American Council of Life Insurance, an important association that helps insurance groups exchange information and stay updated on legislative matters.
Explore the concept of Old Line in Life Insurance, emphasizing non-fraternal insurers operating based on legal reserve requirements. Gain insights into its significance and impact.
Learn about reinsurance, a crucial insurance mechanism that helps ceding companies transfer risks to reinsurers, ensuring financial stability and reducing large losses.
Learn about the Risk and Insurance Management Society (RIMS): a pivotal group fostering education and communication among risk managers and insurance buyers in the insurance industry.
