Impairment Of Capital


Definition of "Impairment of capital"

Lois  OConnor real estate agent
Lois OConnor Sunset Lakes Real Estate

Situation where a stock insurer must invade its capital account in order to meet its obligations. Most states do not allow insurers to do this and quickly rescind their right to do business.

Have a question or comment?
We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 
 

 

Popular Insurance Terms

Popular Insurance Questions