Civil Action
Remedy imposed by a court of law, usually in the form of a monetary award, as compensation to the insured party for the civil wrong incurred. A civil action is initiated by the injured party (the plaintiff) against the party causing the damages (the defendant). The statute of limitations applies to these actions.
Popular Insurance Terms
Property damage, accident, or injury resulting from vagaries of nature, including tornadoes, hurricanes, and floods. ...
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Insurance company's total premium income plus investment income. ...
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