Across
- 2. A type of Insurer. Also an AC Brand.
- 3. Type of Insurance that also covers damage due to Livestock.
- 5. - ___ in Insurance, compensates the beneficiaries of the policies for their actual economic losses.
- 7. One of the important units in rate making.
- 8. Rates that are applied to all insured falling under same rating category.
- 10. potential event or factor that can cause a loss
- 14. by the chief insurance regulators from states and territories
- 17. U.S. standard-setting and regulatory support organization created and
- 18. Law of large numbers is also known as Law of
- 22. a right held by most insurance carriers to legally pursue a third party that caused an insurance loss to the insured.
- 24. one who submits the claim.
- 25. Rating that involves considering actual losses in the past policy periods.
- 28. One of the 4 risk mitiagation strategies
- 29. A person who recieves payment of amount of insurance after death of insured.
Down
- 1. One of the types of Hazards
- 4. an expert who does product pricing
- 6. sharing one risk amongst multiple insurance companies
- 9. Type ofRating laws need prior approval in case the rates exceed certain thresholds.
- 11. An advisory and a rating organization for the P&C insurance, formed in 1971.
- 12. an amount the insured has to pay as part of a claim whenever it arises
- 13. A type of rating is used to develop premiums for unique exposures for which no established rates are available.
- 15. Someone who has legal interest in your property
- 16. An wholly owned subsidiary of larger firm that is tasked with writing Insurance for the parent.
- 19. Fixture attached to a real estate is a ___ property.
- 20. A rating law that allows insurers to use rates without having them to file with regulators.
- 21. PRemium that corresponds to the timeperiod remaining on the policy.
- 22. Insurance company owned by its stock holders.
- 23. a type of reinsurance
- 26. Type of Insurance to indemnify Insured's against dishonest acts by their employees
- 27. This insurance is mainly liability coverage of an individual or organization for negligent acts or omissions.
- 29. Someone who acts on behalf of Insured and recommends policies to them.
