Discover how the Alliance of American Insurers brings together insurance companies to work on common interests like government affairs, employee education, and loss prevention.
Learn about loss prevention service, a crucial element in liability and property insurance focused on eliminating or reducing hazardous conditions to prevent losses through inspections and engineering efforts.
Explore the role of a Loss Prevention Engineer in liability insurance, including their contributions to reducing possible future claims and ensuring policy efficacy.
Learn about ‘Peril’ in General Insurance terms, a potential cause of loss, and how it impacts your insurance policies. Essential knowledge for insurance education and risk assessment.
Learn about Commercial Blanket Bond - a type of insurance providing blanket coverage for employees supplied by the employer. Discover its maximum loss limit and how it applies to any loss regardless of the number of involved employees.
Explore the concept of loss expectancy in general insurance, an estimate of the most likely maximum loss that could be paid on an exposure, factoring in the insured's loss prevention measures.
Learn about the concept of Removal in Property Insurance, an essential act of moving property to prevent loss or damage, covered by many property insurance policies.
Learn about the reduction of risk in the context of general insurance. Understand the importance of precautionary measures in minimizing the likelihood or severity of potential losses.
