Surety Association Of America Saa


Definition of "Surety association of america (saa)"

Vince Parente
Vince Parente RE/MAX FIRST

Association whose membership is composed of surety bonding companies. The association's primary purpose is to act as a rating bureau for member companies by collecting statistics and developing rating tables.

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Popular Real Estate Terms

Investment In Common Stock Ratio

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

Expense Liabilities

Expenses and taxes incurred by the insurance company resulting from the normal business activities of the company before the due date of the annual st ...

Inverted Yield Curve

Curve that results when yields on short-term treasury issues exceed those on long-term government debt. A widely accepted theory holds that when short ...

Liberalization Clause

In property insurance policy, clause that stipulates that if legislative acts or acts of the insurance commissioner's office expand the coverage of an ...

Loss Carryforward

Ruling that, under current tax law, an insurance company that has incurred a net income loss in a given year may charge that loss against its taxable ...

Oregon Health Plan

Plan that provides a legal resident of the state of Oregon access to basic health care through three major components: Medicaid Reform (rationing) ext ...

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