Casualty Insurance - a form of liability insurance providing coverage for negligent acts and omissions such as workers compensation, errors and omissions, fidelity, crime, glass, boiler, and various malpractice coverages. Claims Adjustment Expenses - costs expected to be incurred in connection with the adjustment and recording of accident and health, auto medical and workers' compensation claims. This includes Commercial Auto Combinations of Business Auto, Garage, Truckers and/or Other Commercial Auto. This insurance is sometimes referred to as Credit Family Leave. Capitated payments are sometimes expressed in terms of a "per member/per month" payment. A loss exceeding a certain size triggers a reduction in the bond value or a change in the bond structure as loss payments are paid out of bond funds. Collar - an agreement to receive payments as the buyer of an Option, Cap or Floor and to make payments as the seller of a different Option, Cap or Floor.
Catastrophe Bonds - Bonds issued by an insurance company with funding tied to the company's losses from disasters, or acts of God. Catastrophe Loss - a large magnitude loss with little ability to forecast. Claim - a request made by the insured for insurer remittance of payment due to loss incurred and covered under the policy agreement. Commercial Farm and Ranch - a commercial package policy for farming and ranching risks that includes both property and liability coverage. Frequently includes fire, allied lines, various other coverages (e.g., difference in conditions) and liability coverage. Coverage includes barns, stables, other farm structures and farm inland marine, such as mobile equipment and livestock. Collateralized Bond Obligations (CBOs) - an investment-grade bond backed by a pool of low-grade debt securities, such as junk bonds, separated into tranches based on various levels of credit risk. Commercial Multiple Peril - policy that packages two or more insurance coverages protecting an enterprise from various property and liability risk exposures. Captive Insurer - an insurance company established by a parent firm for the purpose of insuring the parent's exposures.
Comprehensive Personal Liability - comprehensive liability coverage for exposures arising out of the residence premises and activities of individuals and family members. Commercial Auto - coverage for motor vehicles owned by a business engaged in commerce that protects the insured against financial loss because of legal liability for motor vehicle related injuries, or damage to the property of others caused by accidents arising out of the ownership, maintenance, use, or care-custody & control of a motor vehicle. Provides protection to exporters against possible losses due to non-acceptance of full payment from the importer or the L/C issuing bank. Collateralized Mortgage Obligations (CMOs) - a type of mortgage-backed security (MBS) with separate pools of pass-through security mortgages that contain varying classes of holders and maturities (tranches) with the advantage of predictable cash flow patterns. Commercial Mortgage-Backed Securities - a type of mortgage-backed security that is secured by the loan on a commercial property. Calendar Year Deductible - in health insurance, the amount that must be paid by the insured during a calendar year before the insurer becomes responsible for further loss costs. Coverage excludes Short-Term Medical Insurance, the Federal Employees Health Benefit Program and non-comprehensive coverage such as basic hospital only, medical only, hospital confinement indemnity, surgical, outpatient indemnity, specified disease, intensive care, and organ and tissue transplant coverage.
This was formerly the Health Care Financing Administration. Investments with original maturities of three months or less qualify under this definition. Calculated on the basis of original cost adjusted, as appropriate, for accrual of discount or amortization of premium and for depreciation. Ceded Premium - amount of premium (fees) used to purchase reinsurance. Commission - a percentage of premium paid to agents by insurance companies for the sale of policies. Data ini terungkap dari arsip United States Securities and Exchange Commission (SEC), usai Silicon Valley Bank ditutup oleh Federal Deposit Insurance Corporation (FDIC). Silicon Valley Bank mulai melarat, ketika The Fed menaikkan suku bunga demi menahan inflasi. The capitated provider is generally responsible, under the conditions of the contract, for delivering or arranging for the delivery of all contracted health services required by the covered person. The insurer is required to renew the policy regardless of the health of the insured subject to policy conditions.