Property and casualty insurance definitions
[DOC File]NCIGF
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§ 7602. Definitions. In this article, unless the context or subject matter otherwise requires: (a) "Fund" means either the property/casualty insurance security fund or the public motor vehicle liability security fund. (b) "Fund year" means the calendar year.
[DOCX File]Property and Casualty Insurance and Surety Bonds
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The Executive Vice Chancellor for Business Affairs shall approve any settlement between $250,000 and $1,000,000, and any settlements under the University’s Comprehensive Property Protection Plan. Settlement of commercial insurance or surety bond claims in excess of $1,000,000 must have the approval of the Board of Regents.
[DOC File]Policy - Liability purpose
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II. DEFINITIONS Aircraft . means any aircraft listed in the state Property/Casualty Insurance Information System that are submitted by the agency and shall include equipment installed in the aircraft and equipment temporarily removed from the aircraft until such time as replacement by a similar part.
[DOCX File]2015-2016 Bill 976: Insurance definitions - South Carolina ...
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to amend section 38120, code of laws of south carolina, 1976, relating to insurance definitions, so as to add references to certain producers; to amend section 384350, relating to limited line and special producer licensing, so as to establish that a producer licensed for property and casualty insurance is not required to become appointed by the surplus lines insurer when placing …
[DOC File]INSTRUCTIONS - National Association of Insurance …
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“Property and Casualty (P&C) Long Duration Contracts” refers to contracts (excluding financial guaranty contracts, mortgage guaranty contracts and surety contracts) that fulfill both of the following conditions: (1) the contract term is greater than or equal to 13 months; and (2) the insurer can neither cancel the contract nor increase the premium during the contract term.
Property Checklist: Review Standards for Homeowners
The issuance of group property & casualty insurance is limited to either not-for-profit or municipality insureds, or purchasing groups formed under the Federal Liability Risk Retention Act of 1986 or quasi-group policies through a mass merchandising, safety group or similar program, in connection with State law or a Federal purchasing group.
[DOC File]02 - Maine
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§5. Definitions. For the purpose of this Rule, the following terms have the following meanings: A. “Commercial Insurance” means commercial property and casualty insurance. B. “Producer” means a person or agency licensed under Title 24-A M.R.S.A. Chapter 16, or otherwise acting, as a property and casualty insurance producer.
[DOC File]Property and Casualty Insurance and Surety Bonds
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Property and Casualty Insurance and Surety Bonds. 2. Rule and Regulation. Sec. 1 Authority to Purchase. The terms of any insurance policies and surety bonds, other than life, disability, and health insurance policies for any U. T. System institution or for System Administration, shall be negotiated by the Director of Risk Management.
[DOC File]Property Manual Index (policyh1) - Montana
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Values must be reported by location in the state property/casualty insurance information system by January 15th of each year. Estimated market value must be reported for: All fine arts and objects by location as defined in the state’s policy; Each agency must maintain a list of fine arts by object at current market value.
[DOCX File]Statutory Accounting Principles Working Group
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Many preparers representing property/casualty insurance entities supported disclosures of claims development tables to provide financial statement users with information to better understand an insurance entity’s ability to underwrite and anticipate costs associated with claims.
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