American Insurance Association (aia)
Definition of "American insurance association (aia)"
Membership organization of property and liability insurance companies. The association promotes the economic, legislative, and public standing of its members through its attention to accounting procedures, catastrophe and pollution problems, auto insurance reform, and other activities. Located in New York City, New York.
Popular Insurance Terms
Charging the insured an amount that is above the actual premium required for placing and maintaining the policy in force. ...
Fee that is most consistent with that of physicians, hospitals, or other health providers for a given procedure; usual fee for a procedure charged by the majority of physicians with similar ...
Coverage for the perils of burglary, theft, and robbery. ...
Coverage of the employer for all employees on a blanket basis, with the maximum limit of coverage applied to any one loss without regard for the number of employees involved. Both ...
Representation of ownership rights such as stocks. ...
Plan established by the employer that permits the employee to defer pretax earnings into a specifically designated account. From this account, the employee may withdraw funds to pay ...
Smallest acceptable premium for which an insurance company will write a policy. This minimum charge is necessary to cover fixed expenses in placing the policy on the books. ...
Company that provides access to the internet through electronic communications. ...
Damage through an insured's negligent acts and/or omissions resulting in bodily injury and/or property damage to a third party; damage to an insured's property; or amount an insurance ...
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