Director, Research and Actuarial Department Phone: Discuss issues arising and make recommendations with respect to advisory organization and insurer filings for personal and commercial lines, as needed. Provide an impartial forum for considering appeals of adverse decisions involving alien insurers delisted or rejected for listing to the Quarterly Listing of Alien Insurers.
The bank does not pay for, nor is it an insured party under the contract.
Civil Money Penalties means monetary penalties or fines imposed by a Regulatory Agency against the Institution-affiliated Party. The term does not include defense expenses, fees, multiplied damage awards, taxes, disgorgement, and matters uninsurable under the law.
For purposes of determining the insurability of Civil Money Penalties, the law of the jurisdiction most favorable to the insurability of such penalties or damages will apply.
Wrongful Act means any actual or alleged error, omission, misstatement, misleading statement, neglect or breach of duty by the Institution-affiliated Party while acting in his or her capacity as a duly elected or appointed director, trustee, officer, governor, employee, member of the board of managers or trustees, or any equivalent position, of the Company.
In determining the insurability of CMPs, the law of the jurisdiction most favorable to the insurability of such penalties or fines applies. Our Mortgage Protection program requires only that you confirm adequate mortgagor insurance coverage at loan closing.
All real-estate secured loans, including first mortgages, second mortgages, home equity lines of credit and commercial mortgages qualify for coverage.
Our Mortgage Protection programs protect your mortgage portfolio against: Additional perils not required in the loan documents, and not normally included in most personal or commercial property policies purchased by borrowers flood and collapse, for example.
Errors and omissions liability coverage for a number of loan servicing activities.Commercial property/casualty insurance pricing increased for the first time in more than three years in the fourth quarter of , according to a survey released by the Council of Insurance.
4 EY Canadian property and casualty insurance outlook companies investing in technology, equities and foreign investments. The return on these investments must be.
· The Louisiana Property and Casualty Insurance Commission held four public meetings during this reporting period to receive information and to discuss issues and trends that affect the property and casualty insurance market in kaja-net.com://kaja-net.com · U.S.
commercial property/casualty rates should continue increasing for the rest of the year, Moody's Investors Service said Monday.
In “U.S. P&C Insurance Pricing Generates Margin Expansion kaja-net.com Marijuana Legalization: Implications for Property/Casualty Insurance Brenda Wells, Ph.D., AAI1 Abstract: In , two states legalized marijuana for recreational use.
An additional 18 expected to increase and the price is expected to decrease going forward. The impact of a full‐blown legalization of marijuana in America is pre‐ kaja-net.com Property/Casualty Insurance Information.
A.M. Best is the leading provider of ratings, news, analysis, and financial information for the Property/Casualty insurance industry.