Insurance

Liability insurance is a way to protect your business against the effects of potential damage that your business can cause to other people or their property. Let us say that somebody got injured or his property was damaged due to another person's business, that person can legally sue the owner of the business. The owner would be held responsible for the harm that his business has caused. The definition for the word liability is as follows: "Being legally responsible for something". When the legal

If you own and drive a car, you should sign up for a car insurance NZ policy. Car insurance NZ will give you protection in the event of an accident, theft, or fire. Car repairs can skyrocket, and if you do not want to spend a lot of money, you should get insured. Before you choose a policy, however, you have to be aware of the factors that can affect its rate. Deductible, for instance, can determine how much your premium is. Your deductible is the amount you will pay on your own if you get involved

I. Introduction The corporate demand for insurance may be motivated by a company’s strategic decisions on output and price market.Most real world market are characterised by small numbers of relatively large firms which compete with each other strategically .The purpose of this paper is to discuss the strategic behaviour of firms operating in oligopolistic industry and their response to risk .By putting our focuses on oligopoly markets , it should be relevant to discuss the key strategic elements

aig.com/AIG_Internet/AIG_2014_Annual_Report.pdf) Mortgage Insurance (http://www.reuters.com/article/2014/07/16/us-bankofamerica-mbs-settlement-idUSKBN0FL1B720140716) (http://www.propertycasualty360.com/2015/11/03/moodys-warns-of-negative-impact-in-proposed-aig-br ) (life Insurance)http://www.vault.com/company-profiles/insurance/american-general-life-insurance-company/company-overview.aspx, http://www.vault.com/company-profiles/insurance/american-international-group,-inc/company-overview.aspx Property

INSURANCE LAW PROJECT | HEALTH INSURANCE AND REGULATORY ISSUES UNDER IRDA ACT 1999 | Rudresh Pratap Singh Roll No. 49 Semester V RMLNLU | Contents INTRODUCTION 4 The Insurance Regulatory and Development Authority 5 Regulatory issues in the health insurance business 5 It should be the duty of the regulator (IRDA) to ensure that the new entrant in the health insurance sector: 5 II. Regulations Pertaining To Consumer

Fixing problems in insurance claiming process with public adjusters Many building owners find it extremely hard to protect their properties from potential natural disasters which result in severe consequences. Some even face problems in claiming amounts from their insurance companies at the right time that make life a challenging one. Anyone who wants to restore normal conditions in their properties should work with a public insurance adjuster for getting maximum compensations. A public adjuster

recover under an auto insurance claim, he or she must be able to show that the driver is liable. One or both drivers can be liable for the accident. If only one vehicle was involved in the accident, the claim will be on the driver’s insurance policy. This type of claim is straightforward because the driver of the automobile has usually done something incorrect or failed to do something that resulted in the accident. In cases involving more than one driver, the insurance

INSURANCE CONCEPT: Insurance is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment. NATURE: The purpose of any insurance is to provide economic protection against the losses that may be incurred due to chance events such as: 1. Death 2. Disability 3. Medical expenses 4. Home or automobile damage, etc. FUNCTIONS: Basic

Auto Liability Insurance | Auto Insurance Companies Grapevine When in the market to purchase a new home, consider talking to a Box insurance agent about the liability limits on your car insurance policy. If your auto liability insurance limits are too low, your home could be at risk in the event of an accident you are responsible for causing. If you are sued, and a judgment rendered against you, the responsibility to pay the amount in excess of your policy’s liability limits will be yours. Our agents

FDI in Insurance Introduction The insurance sector in India used to be dominated by the state-owned Life Insurance Corporation and the General Insurance Corporation and its four subsidiaries. But in 1999, the Insurance Regulatory and Development Authority (IRDA) Bill opened it up to private and foreign players, whose share in the insurance market has been rising. As a part of overall financial sector reforms, the Government set up the Committee for Reforms in the Insurance Sector in 1992. In its