by sdavey@bcicny.com | Mar 5, 2013 | Term of the Day
When an insurer notifies the insured that, as of the policy expiration date, it will not issue a renewal policy continuing the coverage.
by sdavey@bcicny.com | Feb 21, 2013 | Term of the Day
The grouping of insureds with similar loss causing characteristics into classes for pricing purposes.
by sdavey@bcicny.com | Feb 20, 2013 | Term of the Day
A policy combining coverages from two or more individual property and liability policies into a single insurance policy.
by sdavey@bcicny.com | Feb 19, 2013 | Term of the Day
A condition of susceptibility or vulnerability to loss.
by sdavey@bcicny.com | Feb 14, 2013 | Term of the Day
The rating given to the public fire protection of a community or municipality.
by sdavey@bcicny.com | Feb 11, 2013 | Term of the Day
The insurer to which another insurer transfers the chance of loss.
