Across
- 4. type of authority the public assumes agent has
- 5. type of authority granted to agent in writing
- 7. refers to the jurisdiction where an insurer is formed or incorporated
- 9. type of risk cannot be insured (ex gambling)
- 10. group of underwriters called syndicates
- 12. Department who actually sets the rates
- 14. works for applicant
- 15. Deals with the insured through an exclusive agent
- 16. works for producer
- 17. Department who understands the risk, will approve or reject
- 18. insurer organized in same state
- 19. insurer organized in different state
- 20. independently owned such as AAA
Down
- 1. type of agreement with cherry picking
- 2. type of risk that can be insured
- 3. private coverage of source of last resort for businesses and individuals who have been rejected
- 6. group owned insurer whose main activity is risk sharing
- 8. insurer organized overseas
- 11. producer or agent who is an employee of insurer
- 13. type of reinsurance agreement that covers All risks contained in the subject lines of businesses automatically