Statutory Statement Of Accounting Principle Ssap Business Combinations And Goodwill | Insurance Glossary

Definition of "Statutory statement of accounting principle (ssap) 68—business combinations and goodwill"

State law that stipulates that goodwill as an admitted asset cannot be greater than 10% of adjusted surplus.

Trust that cannot be revoked by the creator. ...

Method of reducing an employee pension according to IRS procedures: Offset method restricted to a DE ...

Coverage usually written as an endorsement to property policies such as the Standard Fire Policy. A ...

Vehicle through which the federal estate tax credit is protected from estate tax payment. The proced ...

The person giving property or establishing a trust. ...

Outside dimensions of a building. Property boundaries. ...

Paying points for a lower interest rate is a trade off between paying money now versus paying money ...

Zoning is the laws that establish how a property can be used and what codes must be followed when er ...

Commercial insurance is designed to help protect many of the risks your business can face, includin ...

A proration is the division of certain fees. If the sellers have paid the taxes six months in advanc ...

Freddie Mac is a name for the Federal Home Loan Mortgage Corp., which is a financial corporation cha ...

A convertible ARM is an adjustable- rate mortgage (ARM) that can be converted into a fixed rate mort ...

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