First Policy Year

Coverage under the Workers Compensation Act for all employees in the maritime industry who perform their function in navigable U.S. waters, including dry docks, wharves, piers, and other ...

Year in which an annually renewable insurance policy was first issued. ...

Society dedicated to the advancement of professional standards of risk management. Its membership is composed of risk and insurance managers of business organizations, public organizations, ...

Coverage for the perils of burglary, theft, and robbery. ...

Circumstance under which there is a significant deviation of the actual aggregate losses from the expected aggregate losses. For example, a hurricane is a hazard that is catastrophic in ...

Endorsement to the commercial general liability insurance (CGL) policy that provides liability coverage to an insured business for damages anywhere in the world. Policies typically have ...

Ratio of the insurance company's investment in common stocks dividend to its adjusted surplus account. This ratio shows how vulnerable the company's surplus is to the stock market ...

Endorsement to commercial general liability insurance (CGL) for a business responsible for boats it does not own. Whether the boats are leased from another firm or owned by employees who ...

Amount of insurance coverage that an insurance company is willing to write on a given category of business. ...