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Reinsurance Reinsurance
REINSURANCE The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. A reinsurance... Read more
Health insurance industry Health insurance industry
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Insurance Agent Insurance Agent
Insurance Agent Insurance agents help people buy insurance plans to protect against illness, accidents, or emergencies. The three major categories of insurance are life, health, and property. Insurance agents may be self-employed or they may work for a particular... Read more
underwriter underwriter
underwriter, an insurer of ships and cargoes from loss and damage, the name coming from the insurer writing his name under the policy of insurance. The request for insurance is termed the offering of a ‘risk’, and in marine insurance the word risk is equivalent to the liability of the... Read more
American National Insurance Company American National Insurance Company
American National Insurance Company One Moody PlazaGalveston, Texas 77550U.S.A.(409)763-4661Fax: (409) 766-6663Web site: http://www.anico.com Public Company Incorporated: 1905Employees: 6,900Sales: $1.74 billion (1997)Stock Exchanges: NASDAQTicker Symbol: ANATSICs: 6311 Life Insurance; 6321... Read more
Unemployment insurance Unemployment insurance
Unemployment InsuranceBIBLIOGRAPHYUnemployment insurance is a program of social insurance designed to compensate workers for part of the wage loss caused by involuntary joblessness. Weekly benefits are paid to eligible workers as a matter of right, according to benefit schedules or formulas... Read more
National Insurance National Insurance
National Insurance. In 1911 the Asquith government, reflecting changes in public attitudes towards the causes and cures for poverty, passed the National Insurance Act—Health and Unemployment, which introduced sickness and unemployment benefits to be paid for out of employers' and employees'... Read more
Deductible Deductible
DEDUCTIBLE That which may be taken away or subtracted. In taxation, an item that may be subtracted from gross income or adjusted gross income in determining taxable income (e.g., interest expenses, charitable contributions, certain taxes). The portion of an insured loss to be borne by the insured... Read more
State Farm Mutual Automobile Insurance Company State Farm Mutual Automobile Insurance Company
State Farm Mutual Automobile Insurance Company One State Farm PlazaBloomington, Illinois 61710U.S.A.Telephone: (309) 766-2311Fax: (309) 766-3621Web site: http://www.statefarm.com Mutual CompanyIncorporated: 1922Employees: 79,300Total Assets: $71 billion (2001)NAIC: 524126 Direct Property and... Read more
Charles Clinton Spaulding Charles Clinton Spaulding
Charles Clinton Spaulding 1874–1952 Insurance executive Read more

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