query: the business of insurance is classified as what

pos: Insurance Insurance Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier or underwriter. A person or entity who buys insurance is known as an insured or as a policyholder. The insurance transaction involves the insured assuming a guaranteed and known relatively small loss in the form of payment to the insurer in exchange for the insurer's promise to compensate the insured in the event of a covered

pos: Trade credit insurance Trade credit insurance Trade credit insurance, business credit insurance, export credit insurance, or credit insurance is an insurance policy and a risk management product offered by private insurance companies and governmental export credit agencies to business entities wishing to protect their accounts receivable from loss due to credit risks such as protracted default, insolvency or bankruptcy. This insurance product is a type of property and casualty insurance, and should not be confused with such products as credit life or credit disability insurance, which individuals obtain to protect against the risk of loss of income needed to pay debts. Trade credit

pos: Trade credit insurance 2009, the UK government set up a short-term £5 billion Trade Credit Top-up emergency fund. However, this was considered a failure, as the take-up was very low. Trade credit insurance Trade credit insurance, business credit insurance, export credit insurance, or credit insurance is an insurance policy and a risk management product offered by private insurance companies and governmental export credit agencies to business entities wishing to protect their accounts receivable from loss due to credit risks such as protracted default, insolvency or bankruptcy. This insurance product is a type of property and casualty insurance, and should not be confused with

pos: Statewide Insurance Company Statewide Insurance Company Statewide Insurance Company Limited, commonly referred to as Statewide Insurance Company (SWICO), is an insurance company in Uganda. The company is a leading provider of insurance and risk management services in the country. SWICO is one of the licensed insurance companies in the country. Its investments include real estate, the largest of which is Sure House at 1 Bombo Road in Kampala's central business district, which houses SWICO's headquarters. In 1982, Late John Ssebaana Kizito, a Ugandan businessman, economist, and politician, together with a business associate, Joseph W. Kiwanuka, pooled resources and started SWICO. The company is

pos: Statewide Insurance Company administration of the company activities. Statewide Insurance Company Statewide Insurance Company Limited, commonly referred to as Statewide Insurance Company (SWICO), is an insurance company in Uganda. The company is a leading provider of insurance and risk management services in the country. SWICO is one of the licensed insurance companies in the country. Its investments include real estate, the largest of which is Sure House at 1 Bombo Road in Kampala's central business district, which houses SWICO's headquarters. In 1982, Late John Ssebaana Kizito, a Ugandan businessman, economist, and politician, together with a business associate, Joseph W. Kiwanuka, pooled resources and

pos: Erivan K. Haub School of Business The Pedro Arrupe Center for Business Ethics is "an intellectual resource for business ethics in both academic and business contexts." It serves as a resource for the ethical conduct of business and it also serves to integrate ethics education into business disciplines. The Center For Consumer Research is a center that uses research and seminars to understand the needs and concerns of consumers. The Academy of Risk Management and Insurance promotes and supports the concept of risk management and insurance education and provides services to risk management and insurance students. Erivan K. Haub School of Business The Erivan K. Haub

neg: Insurance further divided into these sub categories. In most countries, life and non-life insurers are subject to different regulatory regimes and different tax and accounting rules. The main reason for the distinction between the two types of company is that life, annuity, and pension business is very long-term in nature – coverage for life assurance or a pension can cover risks over many decades. By contrast, non-life insurance cover usually covers a shorter period, such as one year. Insurance companies are generally classified as either mutual or proprietary companies. Mutual companies are owned by the policyholders, while shareholders (who may or

neg: Insurance Information Institute a faculty member in the University of South Carolina’s Darla Moore School of Business, and director of the school's Risk and Uncertainty Management Center. Insurance Information Institute The Insurance Information Institute ("I.I.I.") is a U.S. industry association which exists "to improve public understanding of insurance – what it does and how it works." Founded in 1959, the organization is based in New York City. Since 1989 the I.I.I. has held 501(c)(6) tax-exempt status (defined as business leagues, chambers of commerce, boards of trade, and the like). The I.I.I. web site provides information for consumers, the media, researchers and the general

neg: Insurance Information Institute Insurance Information Institute The Insurance Information Institute ("I.I.I.") is a U.S. industry association which exists "to improve public understanding of insurance – what it does and how it works." Founded in 1959, the organization is based in New York City. Since 1989 the I.I.I. has held 501(c)(6) tax-exempt status (defined as business leagues, chambers of commerce, boards of trade, and the like). The I.I.I. web site provides information for consumers, the media, researchers and the general public on a wide range of topics, including automobile insurance, homeowner's insurance, life insurance, annuities, health insurance, long-term care insurance and disability insurance. The

neg: CTBC Financial Holding CTBC Financial Holding CTBC Financial Holding Co., Ltd. (Former: Chinatrust Financial Holding Company Ltd.) is a holding company principally engaged in the finance industry through its eight major subsidiaries. Assets — $115.7 billion (2015). The holding company is based in CTBC Financial Park, Taipei, Taiwan. The Company's products and services are classified into eight categories: banking, including corporate banking, consumer finance and retail banking; securities, including securities brokerage, trading and underwriting services, as well as the securities-related futures business; bill and bond, including brokerage, trading, underwriting, certification, guarantee and advisory services; insurance brokerage, providing property and life insurance services; venture

neg: Jon Barela that he knows what works and what does not. In regard to the Affordable Health Care for America Act, Barela prefers removing legislative and regulatory barriers to providing insurance, such as allowing interstate pooling for insurance purchase, rather than further government intervention in the health care system. Barela has received the highest rating from the National Rifle Association. The Gun Owners of America also gave him their highest rating and their endorsement. Jon Barela Jon Barela is an American business executive. He is the Chief Executive Officer of The Borderplex Alliance, a nonprofit group dedicated to promoting business and economic

neg: Blue Cross and Blue Shield of Alabama a million uninsured people, one of the highest uninsured rates in the nation at 10 percent of the population. BCBSAL is classified as a 501(m) company by the IRS. Under state law it is classified as a "special health-benefit service plan", not an insurance company, although its coverage functions like health insurance. As a special health-benefit service plan the Alabama Department of Insurance does not automatically review BCBSAL rates as long as the rating methodology doesn't change. BCBSAL owns/operates : In 1986 BCBSAL had acquired a life insurance company named Modern American Life Insurance Company, incorporated in 1964. A lawsuit

neg: Product (business) of the project deliverables that make up or contribute to delivering the objectives of the project. In insurance, the policies are considered products offered for sale by the insurance company that created the contract. In economics and commerce, products belong to a broader category of goods. The economic meaning of product was first used by political economist Adam Smith. A related concept is that of a sub-product, a secondary but useful result of a production process. Dangerous products, particularly physical ones, that cause injuries to consumers or bystanders may be subject to product liability. A product can be classified as

neg: Extended coverage Extended coverage Extended coverage is a term used in the property insurance business. All insurance policies have exclusions for specific causes of loss (also called "perils") that are not covered by the insurance company. An extended coverage endorsement (EC) was a common extension of property insurance beyond coverage for fire and lightning. Extended coverage added insurance against loss by the perils of windstorm, hail, explosion, civil commotion, riot and riot attending a strike, aircraft damage, vehicle damage, and smoke damage. The endorsement has been largely supplanted by what is referred to as "basic" causes-of-loss form first introduced by Insurance Services

neg: Health insurance in the United States of medical expense insurance, patients were expected to pay all other health care costs out of their own pockets, under what is known as the fee-for-service business model. During the middle to late 20th century, traditional disability insurance evolved into modern health insurance programs. Today, most comprehensive private health insurance programs cover the cost of routine, preventive, and emergency health care procedures, and also most prescription drugs, but this was not always the case. The rise of private insurance was accompanied by the gradual expansion of public insurance programs for those who could not acquire coverage through the market. Hospital

neg: Key person insurance Key person insurance Key person insurance, also commonly called keyman insurance and key man insurance or 'key employee insurance', is an important form of business insurance. There is no legal definition of "key person insurance". In general, it can be described as an insurance policy taken out by a business to compensate that business for financial losses that would arise from the death or extended incapacity of an important member of the business. To put it simply, key person insurance is a standard life insurance or trauma insurance policy that is used for business succession or business protection purposes. The

neg: Society Insurance rating for 2012 and also placed the company in Category VII for financial size ($50–$100 million). Despite not officially doing business in these states, the company is also currently licensed in Michigan, Minnesota and Missouri. In 1911, the Wisconsin legislature passed the state’s first workers compensation law. Like all other industries, farmers’ threshing crews were required to carry the coverage. However, insurance carriers were not willing to provide the coverage at a reasonable rate. In response to that difficulty in purchasing workers compensation insurance for themselves, a collection of farm threshing crews formed what is now Society Insurance as Wisconsin

neg: New York State Insurance Department 1871, invited the heads of insurance departments or agencies from other states to meet in New York to strive for more uniform regulation. Eighteen states met that year for the first session of what is now the National Association of Insurance Commissioners ("NAIC"). Mismanagement in the life insurance business, including exorbitant salaries and questionable investments, resulted in a 1905 investigation led by Charles Evans Hughes. The investigation, known as the "Armstrong Investigation", led to the passage of a law that set forth a series of reforms, including mandatory periodic examinations of all life insurers. During the Great Depression, the Insurance

neg: Health insurance 1866, but the industry consolidated rapidly soon thereafter. While there were earlier experiments, the origins of sickness coverage in the U.S. effectively date from 1890. The first employer-sponsored group disability policy was issued in 1911. Before the development of medical expense insurance, patients were expected to pay health care costs out of their own pockets, under what is known as the fee-for-service business model. During the middle-to-late 20th century, traditional disability insurance evolved into modern health insurance programs. One major obstacle to this development was that early forms of comprehensive health insurance were enjoined by courts for violating the traditional

neg: Gairkata 950. Additionally, Gairkata's child gender ratio is approximately 997 compared to West Bengal's average of 956. In Gairkata, male literacy is around 85.83% while the female literacy rate is 75.33%. 2,908 of the total population (2,215 males and 693 females) were engaged in work or business activity. Of the total 2908 working population, 82.32% were engaged in what was classified as "main work" while 17.68% of total workers were engaged in what was classified as "marginal work". Gairkata census town has total administration over 1,749 houses, to which it supplies basic amenities such as water and sewerage. It is also

neg: RiverSource and a former executive with Zurich Scudder Investments in Boston, joined what was then American Express Financial Advisors in 2001. He changed the structure of the mutual fund business by opening "boutique" offices in places such as Boston, Cambridge, Minneapolis and London, where portfolio managers hand-pick staff and develop their own investment strategies appropriate to the funds. Data as of 9/30/2006 Morningstar Fund Family Snapshot RiverSource Insurance offers fixed and variable life insurance and disability insurance for individual investors. RiverSource Annuities offers variable and fixed annuities for individual investors. RiverSource RiverSource (RiverSource Life Insurance Company) is a US-based Investment management

neg: Stacy Brooks he would get me classified as an "expert" so the insurance company would pay. What this creates, and what the Youngs are part of, is a stable of people who, for pay, write declarations. The Fishman case is a good example. Neither the Youngs nor I have ever met Steve Fishman. In an Affidavit of 29 April 2002, Brooks admitted wrongdoing on her part for the court cases she and her husband were involved in including the Fishman and Lisa McPherson cases: My ex-husband Vaughn Young and I left Scientology in 1989. We had no contact with anyone concerning Scientology

neg: Saul Steinberg (businessman) lease its computers. Steinberg discovered that he could offer computer leases that would undercut IBM's prices and still obtain bank financing for the entire purchase price of the computers by using the signed leases as collateral with lenders. Leasco grew rapidly, and in 1965 went public. Leasco bid to acquire Reliance Insurance Company, a Philadelphia insurance company 10 times the size of Leasco. Reliance had been in business 150 years, having been established in 1817 to provide fire insurance. It was managed conservatively. Insurance companies have lots of capital, which is just what computer leasing companies need. Steinberg offered the

neg: Business interruption insurance Business interruption insurance Business interruption insurance (also known as business income insurance) is a type of insurance that covers the loss of income that a business suffers after a disaster. The income loss covered may be due to disaster-related closing of the business facility or due to the rebuilding process after a disaster. It differs from property insurance in that a property insurance policy only covers the physical damage to the business, while the additional coverage allotted by the business interruption policy covers the profits that would have been earned. This extra policy provision is applicable to all types of

neg: The Travelers Companies it established the world's first privately owned weather research facility, the Travelers Weather Research Center, the first organization to make weather predictions using probabilities ("20% chance of rain"). By the early 1990s, Travelers was predominantly a general property and casualty insurer that also happened to do some travel insurance on the side, and it quietly exited its original business in 1994. What was left of Travelers' travel insurance business was acquired by three former employees and is now known as Travel Insured International, a Crum and Forster Company. In the 1990s, it went through a series of mergers and acquisitions.

neg: Insurance regulatory law Insurance regulatory law Insurance regulatory law is the body of statutory law, administrative regulations and jurisprudence that governs and regulates the insurance industry and those engaged in the business of insurance. Insurance regulatory law is primarily enforced through regulations, rules and directives by state insurance departments as authorized and directed by statutory law enacted by the state legislatures. However, federal law, court decisions and administrative adjudications also play an important role. Insurance is characterized as a business vested or affected with the public interest. Thus, the business of insurance, although primarily a matter of private contract, is nevertheless of such

neg: Insurance company when the vehicle owner purchases their vehicle, but many auto insurance companies offer this coverage to consumers as well. Health insurance policies cover the cost of medical treatments. Dental insurance, like medical insurance, protects policyholders for dental costs. In most developed countries, all citizens receive some health coverage from their governments, paid for by taxation. In most countries, health insurance is often part of an employer's benefits. Casualty insurance insures against accidents, not necessarily tied to any specific property. It is a broad spectrum of insurance that a number of other types of insurance could be classified, such as

neg: Mutual organization or grow the organization, and to make sure it remains safe and secure. The primary form of financial business set up as a mutual company in the United States has been mutual insurance. Some insurance companies are set up as stock companies and then mutualized, their ownership passing to their policy owners. In mutual insurance companies, what would have been profits are instead rebated to the clients in the form of dividend distributions, reduced future premiums or paid up additions to the policy value. This is a competitive advantage to such companies—the idea of owning a piece of the company

neg: China Life Insurance Company pocketed among themselves. These violations have raised concern amongst some Chinese citizens over the authenticity and legality of the policies they currently hold. They are worried about where their money is going and what it is being used for. Without transparency, trust is quickly evaporating from businesses that are found to be conducting shady business. China Life Insurance Company China Life Insurance Company Limited (short China Life, ) is a Beijing-based China-incorporated company that provides life insurance and annuity products. China Life is ranked No. 94 on Fortune 2015 Global 500 Company list. China Life, which is 70% state-owned, is

neg: Casualty insurance insurance was traditionally classified under life, fire-marine, and casualty. Since multiple-line policies began to be written (insurance contracts covering several types of risks), the last two began to merge. When the NAIC approved multiple underwriting in 1946, casualty insurance was defined as a blanket term for legal liability except marine, disability and medical care, and some damage to physical property. Casualty insurance Casualty insurance is a problematically defined term which broadly encompasses insurance not directly concerned with life insurance, health insurance, or property insurance. Casualty insurance is mainly liability coverage of an individual or organization for negligent acts or omissions.

neg: Key person insurance if critical illness cover is added to the policy. Essentially, key man insurance can be tax-efficient, but it is always best to check with a financial advisor or the local tax office before making assumptions. Key person insurance Key person insurance, also commonly called keyman insurance and key man insurance or 'key employee insurance', is an important form of business insurance. There is no legal definition of "key person insurance". In general, it can be described as an insurance policy taken out by a business to compensate that business for financial losses that would arise from the death or extended

neg: Commercial general liability insurance Commercial general liability insurance Commercial general liability insurance is a broad type of insurance policy which provides liability insurance for general business risks. Commercial General Liability (CGL) is the specific name for a policy of this type in the United States insurance market. It is the "first line" of coverage that a business typically purchases, and covers many of the common risks that can happen to any type of business, such as bodily injury or property damage on the business premises or due to the business operations, personal and advertising injury, and medical payments. It specifically excludes certain types of

neg: Present value of new business premiums to recurring value). Present value of new business premiums Present value of new business premiums, abbreviated PVNBP, is a term used in insurance to indicate the present value of total sales (premiums) confirmed to receive from present to future. It will be the sum of single premiums and present value of recurring premiums (e.g., life insurance premiums paid year after year). PVNBP makes it compare the sales of two companies having both single premiums and recurring premiums. In a way it does the reverse of what annual premium equivalent (APE) does, i.e., converts recurring income to a single number (APE

neg: Present value of new business premiums Present value of new business premiums Present value of new business premiums, abbreviated PVNBP, is a term used in insurance to indicate the present value of total sales (premiums) confirmed to receive from present to future. It will be the sum of single premiums and present value of recurring premiums (e.g., life insurance premiums paid year after year). PVNBP makes it compare the sales of two companies having both single premiums and recurring premiums. In a way it does the reverse of what annual premium equivalent (APE) does, i.e., converts recurring income to a single number (APE converts single premium

neg: Insurance governing every aspect of the insurance business, including minimum standards for policies and the ways in which they may be advertised and sold. For example, most insurance policies in the English language today have been carefully drafted in plain English; the industry learned the hard way that many courts will not enforce policies against insureds when the judges themselves cannot understand what the policies are saying. Typically, courts construe ambiguities in insurance policies against the insurance company and in favor of coverage under the policy. Many institutional insurance purchasers buy insurance through an insurance broker. While on the surface it

neg: Tsai Hong-tu with individual net worth of 1.7 Billion US Dollar. Cathay Financial Holding operates its businesses through banking business, which involves in deposit, loan, electronic financial services, credit card business, foreign exchange trading, trust and wealth management, financial trading and financial services, among others; life insurance business, which provides life insurance, injury insurance, health insurance, annuity insurance and investment insurance; property insurance business, which offers automobile insurance, fire insurance, flood insurance, engineering insurance and other insurances; security business, which involves in stock broking and underwriting, as well as capital investment business, which offers security distribution, investment and management consulting services. Tsai

neg: Over-redemption insurance if a company goes over the promotional budget they had originally planned for, the financial risk of those increased costs gets transferred to the insurer, thus protecting the company's budget. Insurance companies rate over-redemption insurance based upon a number of factors. These factors include, but are not limited to: what type of company is requesting the insurance and how long they've been in business, if the promotion is new or being renewed, the duration which the promotion is being held, the target area of the product, the number of units sold, the cost per unit, the number of units the

neg: William E. Swigart Jr. Antique Automobile Museum home on Penn Street in Huntingdon and renovated it to accommodate both the insurance business and the collection. In addition to a modern business facility, the refurbished building included woodwork and mantels salvaged from 18th century buildings in Philadelphia intended to serve as a backdrop for the automobile name plates, license plates, and other antiques on display. In addition to automobiles, Mr. Swigart amassed what is thought to be the largest automobile nameplate and license plate collections in the world. Often his insurance agents out in the field would scour junk yards looking for abandoned cars and return to the

neg: Sentry Insurance Sentry Insurance Sentry Insurance is a mutual insurance company specializing in business insurance. The company’s home office is in Stevens Point, Wisconsin, where about half the company’s approximately 4,500 employees are located. Sentry offers property and casualty insurance, workers' compensation, life insurance, and other business insurance, as well as non-insurance products like annuities and retirement programs. Sentry provides specialized insurance programs to customers in specific industries as well as very large companies with complex risk. Sentry is one of the nation’s largest mutual insurance companies. As of December 31, 2014, the company has assets of more than $14 billion and

neg: Business interruption insurance end of the business interruption period determined by the insurance policy. Most insurance policies define this period as starting on the date of the covered peril and the damaged property is physically repaired and returned to operations under the same condition that existed prior to the disaster. In addition, businesses can purchase contingent business interruption coverage, which pays out when a business is unable to operate because of an event (such as a natural disaster) that damages the business premises of one of its suppliers or customers, thus preventing it from engaging in normal trade. Business interruption insurance Business interruption

neg: American Family Insurance Family insurance products include: term, universal, and whole life insurance; personal and business auto insurance, personal umbrella insurance, home insurance; motorcycle, boat, motor home, snowmobile and car insurance; business liability key policy, and business policy package insurance; farm and ranch liability insurance; travel, trip cancellation, and global medical insurance The company also offers a reward system for their insureds titled "Dreamkeep Rewards," which provides small to large rewards for completing various online tasks . The American Family Insurance Group is based in Madison, Wisconsin, and as of 2011 had 4 regional corporate headquarters in Minnetonka/Eden Prairie, Minnesota; Saint Joseph, Missouri;

neg: Leadway Leadway Leadway Assurance Company, also known as Leadway, is a Nigerian insurance corporation headquartered in Lagos, Nigeria. It is one of Nigeria's largest insurance companies. Leadway provides commercial and personal property and casualty insurance, travel insurance and life insurance. Leadway was established in 1970 by Sir Hassan O. Odukale. It commenced business in 1971 and started out as a direct motor insurer. It expanded into other areas of general business until it became a composite company underwriting both life and general insurance business. The company’s financial capacity grew over time, and can now underwrite risks of very high magnitude as

neg: Insurance in the United Kingdom the pensioner dies. The main example of non-lifelong-term insurance business is permanent health insurance, but the category includes pensions management. Capital redemption business, which is business written for a premium in exchange for a payment of an annuity over a period of, say, 99 years, is also long-term non-life business. However, for taxation purposes, only capital redemption business written before 1 January 1938 is treated as non-life assurance business. Basic life assurance and general annuity business is defined as being life assurance business not fitting within any other category of business under section 431F ICTA. It is often abbreviated to

neg: Candice Miller Flood Insurance Program. The primary issue what the premiums should be on home and business owners located in flood zones. Miller opposed the bill and argued that the state of Michigan should opt out of the National Flood Insurance Program entirely and urged the governor to do so. According to Miller, Michigan residents subsidize other, more flood prone parts of the country, by paying higher premiums than they should. Miller suggested insurance premiums of being decided by politics rather than actuarial costs. She said that "too many Americans across this nation are paying rates far below what actual risk would

neg: State Insurance for doing so is 94% of customers are choosing to conduct their business online or over the phone. The final remaining branch is located in Riccarton, Christchurch and is open due to the specific customer needs in the area surrounding the 2011 Christchurch earthquake. State Insurance State Insurance is an insurance company based in New Zealand. "State" serves as a business division of IAG New Zealand Limited, a subsidiary of Insurance Australia Group. State Insurance was formerly known as the State Insurance Office. Previously it had been known as the State Fire and Accident Office. The State Insurance Act 1990

neg:
Captive insurance pay out a claim and all those premiums will go back to the business owners or their heirs with little or no tax." Not listed above by Business Insurance News is Montana with 150 captives as of December 2013 and Anguilla which has more than 300 captives as of December 2012. Delaware does not report. <nowiki>*</nowiki>2008 Updated stats. Source: Business Insurance News Captives 2008
 <nowiki>**</nowiki>2008 Updated stats. Source: https://web.archive.org/web/20080821225209/http://www.captive.utah.gov/hotnews.html
 <nowiki>#</nowiki>2007 Updated stats. Source: LOFSA 2007 Annual Report Captive insurance Captive insurance is an alternative to self-insurance in which a parent group or groups create a licensed insurance company to provide

neg: Insurance Company of North America office building far to the west of what was then Philadelphia's downtown. The Insurance Company of North America Building, at 1600 Arch Street, opened in 1925 and was designated a National Historic Landmark in 1978. INA came out of the Great Depression as one of the nation’s largest insurance companies, with total assets in December 1941 of about $117 million. According to A.M. Best, it had the largest policyholders’ surplus (over $75 million) of any U.S. fire insurance company. In 1942, INA celebrated its 150th anniversary through the book "Biography of a Business," a narrative history of the company by

neg: Business interruption insurance businesses, as it is designed to put a business in the same financial position it would have been in if no loss had occurred. This type of coverage is not sold as a stand-alone policy, but can be added onto the business' property insurance policy or comprehensive package policy such as a business owner's policy (BOP). Since business interruption is included as part of the business' primary policy, it only pays out if the cause of the loss is covered by the overarching policy. The following are typically covered under a business interruption insurance policy: This coverage extends until the

neg: Wireless@SG Wireless@SG Wireless@SG is a wireless broadband programme developed by the Infocomm Development Authority (IDA) of Singapore as part of its Next Generation National Infocomm Infrastructure initiative, being part of the nation's 10-year masterplan called Intelligent Nation 2015 (iN2015). The targeted users of this wireless broadband network are broadly classified as "people on the move" – people who require wireless broadband access while away from their homes, schools and offices. These include students, tourists, business travellers and enterprise users such as insurance agents and real estate agents who use widely available and wireless-enabled devices such as notebook PCs and PDAs. Once

neg: Insurance fraud a 5% increase in insurance premiums. The Insurance Bureau of Canada estimates that personal injury fraud in Canada costs about C$500 million annually. Indiaforensic Center of Studies estimates that Insurance frauds in India costs about $6.25 billion annually. Insurance fraud can be classified as either hard fraud or soft fraud. Hard fraud occurs when someone deliberately plans or invents a loss, such as a collision, auto theft, or fire that is covered by their insurance policy so they can claim payment for damages. Criminal rings are sometimes involved in hard fraud schemes that can steal millions of dollars. Soft fraud,

neg: Arbella Insurance Group Arbella Insurance Group Arbella Insurance Group, headquartered in Quincy, Massachusetts, United States, is a regional property and casualty insurance company providing business and personal insurance in Massachusetts and Connecticut, as well as business insurance in Rhode Island and New Hampshire. Since its conception, Arbella Insurance Group has adopted the independent agent model, as opposed to several national insurance companies known as “direct writers,” who allow prospective customers to receive a quote instantly online, and to then purchase their insurance policies the same way. Arbella Insurance Group serves as a carrier, partnering with independent insurance agencies throughout New England to write

neg: Product (business) tangible or intangible. A tangible product is a physical object that can be perceived by touch such as a building, vehicle, gadget, or clothing. An intangible product is a product that can only be perceived indirectly such as an insurance policy. Services can be broadly classified under intangible products which can be durable or non durable. In its online product catalog, retailer Sears, Roebuck and Company divides its products into "departments", then presents products to potential shoppers according to (1) function or (2) brand. Each product has a Sears item-number and a manufacturer's model-number. Sears uses the departments and product

neg: The Settlement (1999 film) The Settlement (1999 film) The Settlement is a 1999 film directed by Mark Steilen, starring John C. Reilly and William Fichtner. The film was screened at the Los Angeles Independent Film Festival in April 1999. Pat (John C. Reilly) and Jerry (William Fichtner) work on the fringes of the insurance industry in what are called "viatical settlements," which allow terminal patients the option of cashing in their life insurance policies before death for a reduced payment. In the 1980s, with AIDS cutting short what might have been long and healthy lives, business is booming for Pat and Jerry's firm, Viable

neg: Zurich Insurance Group They claimed that 71 Dunbar borrowers had been made bankrupt in the following five-year period, many more than by any of Britain's very much larger high street banks. One Dunbar customer wrote: "Dunbar’s latest set of accounts show that over 95% of its loan book is now classified as impaired or overdue […] the equivalent figure for UK Asset Resolution, the country’s bad bank, is just 37%". Zurich Insurance Group Zurich Insurance Group Ltd. is a Swiss insurance company, commonly known as Zurich, headquartered in Zürich, Switzerland. The company is Switzerland's largest insurer. As of 2017, the group is the

neg: Political risk insurance of options available, the use of a specialized broker is highly recommended. Political risk insurance Political risk insurance is a type of insurance that can be taken out by businesses, of any size, against political risk—the risk that revolution or other political conditions will result in a loss. Political risk insurance is available for several different types of political risk, including: As with any insurance, the precise scope of coverage is governed by the terms of the insurance policy. The underwriting of political risk insurance is a dynamic, growing business. As globalisation increases, there are more corporations doing more business

neg: Multiple-peril insurance is rarely used in commercial insurance. Rather, most insurance companies offer package plans like a Business Owners Policy (BOP) which covers a variety of risks that face a typical small business. However, multiple-peril coverage is a broader, more inclusive term that includes coverage combinations like business automobile, which is a single category of coverage, but actually qualifies as multiple-peril coverage as it may provide indemnification for the perils of liability, physical damage (property), and medical payments. A prominent type of multiple-peril insurance coverage is multiple-peril crop insurance coverage (MPCI). MPCI is a bundle of different policy options that covers loss

neg: More Than (company) More Than (company) More Than (styled as MORE TH>N) is a UK insurance company that offers motor, home, pet and travel insurance. Its business arm More Than BUSINESS offers business insurance. The company is a subsidiary of the RSA Insurance Group. The brand launched in 2001, under the slogan of "Don't Accept Less Than More Than". More Than is known in the UK for its TV advertising, including features such as "More Than Freeman", "Lucky The Dog" and the "Personal Project Manager" ad. More Than was launched as a subsidiary of Sun Alliance and Royal Insurance in 2001. Sun Alliance

neg: Political risk insurance Political risk insurance Political risk insurance is a type of insurance that can be taken out by businesses, of any size, against political risk—the risk that revolution or other political conditions will result in a loss. Political risk insurance is available for several different types of political risk, including: As with any insurance, the precise scope of coverage is governed by the terms of the insurance policy. The underwriting of political risk insurance is a dynamic, growing business. As globalisation increases, there are more corporations doing more business in more places around the world with each passing year. Some of

neg: Sentry Insurance more than $7 million in technology to classrooms in Portage County, Wisconsin, between 2008 and 2015. It awarded a $4 million grant to the University of Wisconsin-Stevens Point in 2016 to fund a data analytics major. Sentry Insurance Sentry Insurance is a mutual insurance company specializing in business insurance. The company’s home office is in Stevens Point, Wisconsin, where about half the company’s approximately 4,500 employees are located. Sentry offers property and casualty insurance, workers' compensation, life insurance, and other business insurance, as well as non-insurance products like annuities and retirement programs. Sentry provides specialized insurance programs to customers in

neg: Business overhead expense disability insurance similar rider is purchased with the policy. Income taxes and the cost of inventory are some expenses that are not covered. Business overhead expense disability insurance Business overhead expense (BOE) disability insurance, also known as Business Expense Insurance, pays the insured’s business overhead expenses if he or she becomes disabled. A BOE policy pays a monthly benefit based on actual expenses, not anticipated profits. It is designed for businesses that rely on a small number of people (or one person) to produce revenue. The following business overhead expenses are typically covered by a BOE disability policy: Policies do not typically

neg: Commercial general liability insurance policy if their component part harms a finished product, in this case homeowners pursuing damages to a home caused by defective windows. Commercial general liability insurance Commercial general liability insurance is a broad type of insurance policy which provides liability insurance for general business risks. Commercial General Liability (CGL) is the specific name for a policy of this type in the United States insurance market. It is the "first line" of coverage that a business typically purchases, and covers many of the common risks that can happen to any type of business, such as bodily injury or property damage on

neg: Arbella Insurance Group throughout the New England area, and its program continues to be in high demand. Arbella Insurance Group Arbella Insurance Group, headquartered in Quincy, Massachusetts, United States, is a regional property and casualty insurance company providing business and personal insurance in Massachusetts and Connecticut, as well as business insurance in Rhode Island and New Hampshire. Since its conception, Arbella Insurance Group has adopted the independent agent model, as opposed to several national insurance companies known as “direct writers,” who allow prospective customers to receive a quote instantly online, and to then purchase their insurance policies the same way. Arbella Insurance Group

neg: High Five (Columbus) setting to enjoy shopping and dining in what is labelled as a "must see" destination by many travel magazines. The Arena District is a development project that is home to numerous housing and dining options, along with one-of-a-kind concert and sporting venues. With a large presence of Nationwide Insurance, the district hosts the Columbus Blue Jackets at Nationwide Arena and the Columbus Clippers at Huntington Park. Home to the Ohio Statehouse, downtown produces a mix of business and pleasure. Headquarters of multiple industries are located here, including Huntington Bank and Nationwide Insurance. Parks such as Columbus Commons and the Scioto

neg: Business owner's policy Business owner's policy A business owner’s policy (also businessowner’s policy, business owners policy or BOP) is a special type of commercial insurance designed for small and medium-sized businesses. By bundling general liability insurance and property insurance into a single policy, BOPs typically offer a reduced premium, often making them a more cost-effective option than separately purchased policies. Specific coverage included in a business owner’s policy varies among insurance providers, but most policies require that businesses meet eligibility criteria to qualify. A typical business owner’s policy includes property and liability insurance. The property insurance portion of a BOP is available most

neg: Indirect procurement Indirect procurement Indirect procurement is the sourcing of all goods and services for a business to enable it to maintain and develop its operations. The goods and services classified under the umbrella of indirect procurement are commonly bought for consumption by internal stakeholders (business units or functions) rather than the external customer or client. Indirect Procurement categories include, but are not limited to: The overarching classification of ‘Indirect’ can vary from business to business. Increasingly, the distinction between a ‘direct’ cost and an ‘indirect’ cost can become blurred (as classic debate of what is Capex and Opex) when looking at

neg: Reliance Insurance Limited Reliance Insurance Limited Reliance Insurance Limited, was founded in Bangladesh as a private non-life insurance company in 1988. Currently the firm has 32 branches throughout Bangladesh, and 348 employees. In the year 2017, the company had earned BDT 2,486.85 million as the gross premium income, which is higher than that of 2016. In Bangladesh the insurance sector was nationalized in 1972 just after independence. Following the nationalization, the then Government established two insurance corporations. One is Bangladesh Sadharan Bima Corporation for non-Life insurance business, and another is Bangladesh Jiban Bima Corporation for life insurance business. Subsequently, the government opened the

neg: South African insurance law shall keep, a complete set of books, accounts and stock sheets or stock books, showing a true and accurate record of all business transactions and stock in hand, and that such books, accounts and stock sheets or stock books shall be locked in a fire-proof safe or removed to another building at night and at all times when the premises are not actually open for business. Marine & Trade Insurance alleged The Appellate Division held that the warranty meant As the defendant had failed to prove either a general breach of the warranty arising out of what the plaintiff had

neg: Suncorp Group new CEO, Matt Pancino, on 13 June 2014. Pancino formerly worked as the Chief Information Officer for the group. Suncorp was inducted into the Queensland Business Leaders Hall of Fame in 2016. Suncorp covers nearly all areas in wealth and banking, including life insurance, general insurance, commercial insurance, Compulsory Third Party (CTP), banking, finance, superannuation agricultural banking and business banking, the notable exception being health insurance. It is the largest banking and insurance corporation headquartered in Brisbane. Suncorp is the parent company of insurance company GIO, which is mainly used as a general insurance company representing Suncorp outside Queensland, offering

neg: Business owner's policy insurance providers, but typically include limitations to: Business owner's policy A business owner’s policy (also businessowner’s policy, business owners policy or BOP) is a special type of commercial insurance designed for small and medium-sized businesses. By bundling general liability insurance and property insurance into a single policy, BOPs typically offer a reduced premium, often making them a more cost-effective option than separately purchased policies. Specific coverage included in a business owner’s policy varies among insurance providers, but most policies require that businesses meet eligibility criteria to qualify. A typical business owner’s policy includes property and liability insurance. The property insurance

neg: International Credit Insurance & Surety Association Trade credit insurance Surety and bonds Members' main lines of surety business are: Reinsurance ICISA was established as (ICIA) (International Credit Insurance Association) in 1928. Current members account for 95% of the world's private credit insurance business, insuring risks in most countries. International Credit Insurance & Surety Association The International Credit Insurance & Surety Association (ICISA) was founded in April 1928, forming the first trade credit insurance association. The Association is registered in Zurich (Switzerland) under Swiss Civil Code (article 60). The Secretariat is based in Amsterdam. The International Credit Insurance & Surety Association (ICISA) is a global association representing

neg: South African insurance law important to distinguish between relative and absolute warranties. This amounts to an issue of interpretation. Relative warranties are general in their content; they are not specific statements of what is required of the insured. The “reasonable person” is used as a yardstick to measure the insured's conduct in relation to an alleged breach of warranty. An example of a general warranty is the "iron-safe clause," which is frequently included in fire-insurance policies. In terms of an iron-safe clause, the insured warrants that he will keep a complete set of books, showing a true and accurate record of all business transactions

neg: Takaful of "bear ye one another's burden". The principles of takaful are as follows: Muslims scholar have "hardly any difference of opinion" on "the need for managing, redeeming and mitigating general, business and life risks covered by the insurance business." But whether conventional insurance is forbidden ("haram") is disputed. In its second session (December 1985), the Fiqh Academy of the Organisation of Islamic Cooperation (also called the International Islamic Fiqh Academy) ruled conventional commercial (but not social insurance) insurance "haram" (forbidden). Its ninth resolution stated: The commercial insurance contract, with a fixed insurance premium, as practiced by commercial insurance companies, contains

neg: Water damage includes washing machines, dishwashers, kitchen sinks and bathroom lavatories, refrigerator icemakers, water softeners and humidifiers. A few US companies offer whole-house leak protection systems utilizing flow-based technologies. A number of insurance companies offer policy holders reduced rates for installing a whole-house leak protection system. As far as insurance coverage is concerned, most damage caused by bad weather is considered flood damage and normally is not covered under homeowners insurance. Coverage for bad weather would usually require flood insurance. Category 1 Water - Refers to a source of water that does not pose substantial threat to humans and classified as "clean

neg: Collateral protection insurance Collateral protection insurance Collateral Protection Insurance, or CPI, insures property held as collateral for loans made by lending institutions. CPI, also known as force-placed insurance and lender placed insurance, may be classified as single-interest insurance if it protects the interest of the lender, a single party, or as dual-interest insurance coverage if it protects the interest of both the lender and the borrower. Upon signing a loan agreement, the borrower typically agrees to purchase and maintain insurance (that must include comprehensive and collision coverage for automobiles, and hazard, flood, and wind coverage for homes), and list the lending institution as

neg: Business overhead expense disability insurance Business overhead expense disability insurance Business overhead expense (BOE) disability insurance, also known as Business Expense Insurance, pays the insured’s business overhead expenses if he or she becomes disabled. A BOE policy pays a monthly benefit based on actual expenses, not anticipated profits. It is designed for businesses that rely on a small number of people (or one person) to produce revenue. The following business overhead expenses are typically covered by a BOE disability policy: Policies do not typically cover the salary of a temporary employee hired to do the duties of the disabled, unless a substitute salary expense or

neg: Cardif market leader in mortgage protection. Cardif’s insurance products are sold by independent financial advisors and banks. Cardif Pinnacle is a UK subsidiary of Cardif, The business was formed in 1971 as Pinnacle Insurance Company Ltd , and established itself as a leading specialist provider of protection and investment solutions. Today the company is focused upon the provision of creditor, pet insurance and motor warranty insurance. The strategy of the business is to ensure that customers are well serviced whilst focusing on the operational capabilities and efficiency. The business is making ongoing investment into its pet and warranty propositions. Cardif Pinnacle

neg: Woeber Carriage Works Woeber Carriage Works Woeber Carriage Works, also known as the Davenport Plow Works, is a historic building located on Lot 3, Block 20 of the original town of Davenport, Iowa, United States. It was listed on the Davenport Register of Historic Properties on November 15, 2000. The building was built around 1880 for the Davenport Plow Works. The property was formerly the location for First Presbyterian Church. The Classified Business Directory of August 1881 indicates the company was located at 310-324 W. 3rd Street. The 1886 Sanborn Fire Insurance map indicates that the building at 312 W. Third Street housed

neg: Vehicle insurance classified odometer-mile rates, a type of usage-based insurance. After the company's risk factors have been applied, and the customer has accepted the per-mile rate offered, then customers buy prepaid miles of insurance protection as needed, like buying gallons of gasoline (litres of petrol). Insurance automatically ends when the odometer limit (recorded on the car's insurance ID card) is reached, unless more distance is bought. Customers keep track of miles on their own odometer to know when to buy more. The company does no after-the-fact billing of the customer, and the customer doesn't have to estimate a "future annual mileage" figure

neg: History of Jardine, Matheson & Co. of the places where the company had offices and agencies and, as late as 1860, was still the only insurance company in China. In addition, to cater for clients travelling between Europe and the Far East, the firm had representation along the main steamer routes and at points on the Trans-Siberian Railway, including an agency in Moscow. The Canton Insurance office was later renamed the Lombard Insurance Co. Known in Chinese as "Yíhé Lóuqì Yǒuxiàn Gōngsī" (怡和機器有限公司), literally, "Happy Harmony Tool House", what became Jardine Engineering Corporation (JEC) in 1923 grew out of the period when the business of importing

neg: Denali Alaskan Insurance of Anchorage. In June, 2011, the Credit Union opened offices of its Insurance and Home Loans business units in the Mat-Su Valley. As a result of this move, the Credit Union closed its Insurance office which had previously been located in Eagle River. Denali Alaskan Insurance Denali Alaskan Insurance is an insurance agency based in Anchorage, Alaska, offering both commercial and personal lines of insurance. The company was first formed as Alaska Business Insurance (ABI) in 1983, selling commercial lines of insurance to its customers. The original owners who founded the company were Wayne Burger and Jim Campbell. In May,

neg: Operating surplus of the financial, insurance and real estate industry). If therefore an increasing amount of business income consists of property income rather than income from production, this will lower value added, and lower operating surplus. As stated, operating surplus is a residual item in national accounts of gross product. It is "analogous" to what is "left over" when a business deducts its costs from sales revenue in order to arrive at its profit total. However, the analogy is somewhat deceptive, insofar as the operating surplus in national accounts, as a component of value added, is not truly equal to real generic

neg: Samsung Fire & Marine Insurance to Cheil Worldwide. Samsung Fire & Marine Insurance Samsung Fire & Marine Insurance (Korean: 삼성화재) (KOSPI # 000810) is an insurance company based in Seoul, South Korea. Incorporated on January 26, 1952, under the name of "Korea Anbo Fire Marine Reinsurance Co.", the company changed its name to Samsung Fire & Marine Insurance Co., Ltd., in December 1993, after its takeover by Samsung Group dated back to 1958. Samsung Fire & Marine Insurance, SFMI in short, is operating property and casualty insurance business and third-party insurance business defined by the Korea Insurance Business Act, while engaging in providing financial services

neg: Samsung Fire & Marine Insurance Samsung Fire & Marine Insurance Samsung Fire & Marine Insurance (Korean: 삼성화재) (KOSPI # 000810) is an insurance company based in Seoul, South Korea. Incorporated on January 26, 1952, under the name of "Korea Anbo Fire Marine Reinsurance Co.", the company changed its name to Samsung Fire & Marine Insurance Co., Ltd., in December 1993, after its takeover by Samsung Group dated back to 1958. Samsung Fire & Marine Insurance, SFMI in short, is operating property and casualty insurance business and third-party insurance business defined by the Korea Insurance Business Act, while engaging in providing financial services and instruments approved

neg: The Glass Inferno the 17th floor. Barton is sent down by Leroux to assist with the firefighting operations while his wife, Jenny, remains at dinner with Leroux and his wife Thelma. A small home furnishings store owner, despondent over his near bankruptcy, decides to burn his business down for the insurance. He tries to do so, but realizes what it will do to his business partner and lover, Larry. He puts out the fire but realizes that he's now really ruined because of what he has done. He then discovers that he is smelling smoke which is not from the fire he tried

neg: Kotak Mahindra General Insurance in India which are listed below- In April 2015, Kotak Mahindra General Insurance received the license to start the business and since then it has a national footprint of 13 branches spread across India as on 31 December 2017 Kotak Mahindra General Insurance Kotak Mahindra General Insurance is a 100% subsidiary of Kotak Mahindra Bank Ltd, it was incorporated in December 2014 and received an approval from the Insurance Regulatory and Development Authority to start a General Insurance business in April 2015, post which it commenced business operations from December 2015 onward. The company aims to cater to a wide

neg: Simply Business & environmental impact. In the same month Simply Business became headline sponsors of The England Amputee Football Association The company provides insurance online to small businesses, landlords and the self-employed - products include public liability insurance, professional indemnity insurance, employers' liability insurance and landlords insurance. The insurers on the panel include AXA, Hiscox, Ageas UK General, Covea, NIG, Aro, AIG, LV=, Modus and Arag. Simply Business created its own managing general agent brands Finsbury, Maltings and Chiswell Insurance, which are underwritten by AXA and Great Lakes. Simply Business Simply Business - the trading name of Xbridge Ltd - is an

neg: Afro-American Life Insurance Company Afro-American Life Insurance Company The Afro-American Life Insurance Company was a historic business based in Jacksonville, Florida. It was founded in 1901 by Abraham Lincoln Lewis and his business associates. Up until the creation of this insurance company, black Americans found it difficult to purchase life insurance, which was unaffordable to most blacks at the time. The insurance company also served as a financial institution as well. The company is responsible for the creation of American Beach in Nassau County, Florida. With strong competition from other insurance companies in the mid-20th century, the Afro-American Life Insurance Company closed its door

neg: Qatar Insurance of 25% and bonus shares of 15%. Leadership Khalid Bin Mohammed Bin Ali Al-Thani is the director and chairman of Qatar Insurance Co. Mr. Khalifa Abdulla Turki Al-Subaey serves as President and CEO. Qatar Insurance Qatar Insurance Company (QIC) is a Doha, Qatar-based insurance company specializing in personal and business asset protection. It is the largest insurer in the Gulf. Qatar Insurance Company was conceived and founded by Amiri decree, on 11 March 1964. The government of Qatar was convinced that the country needed a robust insurance industry to protect the growth in personal and business assets. The currency of

neg: South African insurance law business of providing policy benefits under defined short-term policies. Under the terms of section 1 of the Short-term Insurance Act, “short-term policy” means an engineering policy, a guarantee policy, a liability policy, a miscellaneous policy, a motor policy, an accident and health policy, a property policy or a transportation policy, or a contract comprising a combination of any of those policies. The definition also includes a contract whereby any such contract is renewed or varied. The division of insurance business into short- and long-term insurance business is for administrative purposes. Most short-term insurance is indemnity insurance, but short-term insurance is

neg: Tokio Marine Tokio Marine Holdings in 2008. Tokio Marine acquired the Philadelphia Insurance Companies for $4.7 billion in 2008, and acquired the Delphi Financial Group for $2.66 billion in 2012. In June 2015, Tokio Marine announced it would be acquiring HCC Insurance Holdings for $7.5 billion. Tokio Marine forecast that 46% of its profits would come from outside Japan following the HCC acquisition. Domestic Non-Life Insurance Business Domestic Life Insurance Business International Insurance Business Other Non-Insurance Businesses Tokio Marine , is a multinational insurance holding company headquartered in Tokyo, Japan. It is the largest property/casualty insurance group in Japan in terms of

neg: Whole life insurance Survivorship life insurance is whole life insurance insuring two lives, with proceeds payable after the second (later) death.The level premium system results in overpaying for the risk of dying at younger ages, and underpaying in later years toward the end of life. The over-payments inherent in the level premium system mean that a large portion of expensive old-age costs are prepaid during a person's younger years. U.S. Life insurance companies are required by state regulation to set up reserve funds to account for said over-payments, which represent promised future benefits, and are classified as Legal Reserve Life Insurance Companies. The

neg: Denali Alaskan Insurance The Credit Union changed the agency’s name from ABI to Denali Alaskan Insurance at the time of the purchase, to reflect the fact that the agency offers both personal lines of insurance, such as home, auto and health insurance, as well as business insurance. Business insurance includes coverage for property, business liability, worker's compensation, builder's risk, professional liability, flood and earthquake, to name a few. They also specialize in commercial and personal aviation accounts and hunting and fishing guides and lodges. Denali Alaskan Insurance maintained two offices; one at its Anchorage headquarters and one in Eagle River, a community north

neg: Desjardins Insurance Quebec. In 2018, State Farm Canada was officially rebranded to Desjardins Insurance through Desjardins Insurance Agents. The whole transition is to be completed by December 31 in 2019. Desjardins Insurance Desjardins Insurance is the insurance unit of Desjardins Group, the largest association of credit unions in Canada. Desjardins Insurance has two principal subsidiaries: Desjardins Financial Security (life, health and retirement insurance products) and Desjardins General Insurance inc. (auto, home and business insurance products). One of the strengths of Desjardins Insurance is its cooperative business model that has human values at its core. The company is well known for its engagement

neg: Full tort and limited tort automobile insurance of ‘pain and suffering’ or ‘loss’ lawsuits, thereby reducing insurance company payouts and ultimately reducing insurance premiums. Individuals who now purchase insurance in Pennsylvania are classified as either “limited tort” or “full tort.” Tort is a legal term meaning “civil wrongdoing – in civil law, a wrongful act for which damages can be sought by the injured party.” In Pennsylvania, insurance companies offer full tort coverage which gives covered individuals the ability to sue in court for all damages, and limited tort coverage which “limits” the ability to sue for pain and suffering. Both full tort and limited tort coverage

neg: National Insurance Company the General Insurance Business and its India's largest General Insurance Company(Nationalisation) Amendment Act, on 7 August 2002, National has been de-linked from its holding company GIC and presently operates as an independent insurance company wholly owned by Govt of India. National Insurance Company Ltd (NIC) is one of the leading public sector insurance companies of India. It transacts non life insurance business. Headquartered in Kolkata, NIC's network of about 2000 offices, manned by more than 16,000 skilled personnels, is spread over the length and breadth of the country covering remote rural areas, townships and metropolitan cities. NIC's foreign operations are

neg: Australian insurance law of insurance law. The "Insurance Act 1973" (Cth) sets minimum capital and solvency requirements for companies wanting to enter or operate in the insurance market. Chapter 7 of the "Corporations Act 2001" (Cth) regulates the way in which insurers and insurance agents and brokers carry on business and how they deal with the people they do business with and intend to do business with. The "Insurance Contracts Act 1984" (ICA) applies to most insurance contracts with an Australian connection and is intended to ensure that a fair balance is struck between the interests of the insurer and the insured. The

neg: Insurance in India became the first Indian insurer. At the dawn of the twentieth century, many insurance companies were founded. In the year 1912, the Life Insurance Companies Act and the Provident Fund Act were passed to regulate the insurance business. The Life Insurance Companies Act, 1912 made it necessary that the premium-rate tables and periodical valuations of companies should be certified by an actuary. However, the disparity still existed as discrimination between Indian and foreign companies. The oldest existing insurance company in India is the National Insurance Company, which was founded in 1906, and is still in business. The Government of India

neg: R&R Insurance Services R&R Insurance Services R&R Insurance Services is one of the largest independently owned insurance agencies in the Midwest and represent national and regional insurance carriers. The company was founded in 1976 and is based in Waukesha, Wisconsin. It is owned by Ken Riesch, who is also president of the company. It has 300 employees and $60 revenue in 2016. It has expanded into other Southeastern Wisconsin communities including Beaver Dam, Fort Atkinson, Hartford, Menomonee Falls and West Bend. They were Small Business of the Year in 2002 by Small Business Times and listed as one of the Insurance Journal’s Top

neg: Merchants Insurance Group Merchants Insurance Group Merchants Insurance Group is a regional property and casualty insurance company headquartered in Buffalo, New York. The company provides commercial and personal property and casualty insurance throughout the Northeast and North Central United States. The company has regional offices in Hauppauge, New York; Manchester, New Hampshire; Moorestown, New Jersey. Merchants Insurance Group comprises three companies: Merchants Mutual Insurance Company, Merchants Preferred Insurance Company, and Merchants National Insurance Company. Merchants Preferred commenced business in 2007 to rebuild and expand its preferred-risk business after the sale of a like subsidiary, and Merchants National commenced business in 2009. Each of

neg: Samuel Pandolfo Pandolfo Insurance Company which covered all of Texas, Oklahoma, Arizona, and New Mexico. Pandolfo claimed that he placed nearly $100 million on the books of the companies he represented. He disbanded his company after a crop failure in 1916, and turned his sights to the motorcar business. Pandolfo was no stranger to the automobile, having owned 37 of them in his 15 years in the insurance business. He had developed very particular opinions of what constituted a good car: it needed high clearance for the back roads of the day, should have provisions for accommodating the driver overnight if required,

neg: Zurich Insurance Group and major multinational corporations with motor, home, and commercial products and services. Zurich's Global Life business offers life insurance, savings, investment and pension products. In the United States life insurance is issued by Zurich American Life Insurance Company with offices in Schaumburg, Illinois, Kansas and New York City. Zurich's Farmers segment includes Farmers Management Services, which provides non-claims related management services to the Farmers Exchanges (not owned by Zurich), as well as the Farmers RE business which includes reinsurance assumed from the Farmers Exchange by the Group. Zurich's Farmers Insurance Group is the third largest insurance group in the United