The phrase
"accident years" refers to a time period in insurance when accidents happen and claims are made. It is a way to track and analyze the financial impact of accidents on the insurance company.
Full definition
While most people recognize that distractions are dangerous for drivers and cause thousands of
fatal accidents every year, drivers just aren't ready to hang up the phone.
With 11,000 tire -
related accidents each year and almost 200 people dying in those crashes, safe driving has never been more important.
There are over one million individuals that suffer from an injury incurred in a slip and
fall accident every year, and there are over 17,000 individuals who die every year from these accidents.
In order for insurance companies to be able to evaluate their financial performance, one of the statistics that they are gathering is
accident year statistics.
Though rain is blamed for thousands
of accidents each year, most of these collisions are preventable and not the rain's fault at all.
Insurers writing D&O coverage in the 1990s had to raise their reserves
for accident years the 1990s but the financial result was felt between 2001 and 2003.
The fatal accident occurs at exactly the same spot where Lucie herself suffered a disabling car
accident years before, and the trauma of that event soon resurfaces.
The fact of the matter is, distracted driving is one of many reasons why we have so
many accidents each year, and I'm sure we can all be on the same page about those numbers needing to go down.
Accident year incurred losses, excluding loss adjustment expenses, i.e., indemnity costs per
accident year incurred claims.
WHO estimates that vulnerable road users, such as pedestrians, cyclists and people on e-bikes and motorcycles, account for 60 percent of the approximately 260,000 people who die as a result of
road accidents each year in China.
It may surprise you to learn that according to the Consumer Products Safety Commission (CPSC), around 15,000 people suffer injuries serious enough to warrant an emergency room visit in golf
cart accidents each year in the U.S.. However, this comes as no surprise to Florida golf cart accident attorneys such as James O. Cunningham.
(3) Accident year incurred losses, excluding loss adjustment expenses, i.e., indemnity costs
per accident year incurred claims.
While it's true that Southland freeways witness hundreds of
serious accidents every year — and hazards ranging from pollution to snakes in the West Coyote Hills can threaten your health and happiness — if you purchase well - tailored policies for auto, home, health, and beyond, you can protect your budget and enjoy a more stress - free existence.
In Shelby County / Memphis alone there are an average of 724
accidents each year caused by drivers under the influence of alcohol.
While organizations like Bike Florida are working hard to protect Florida bicyclists through statewide Share the Road campaigns, change is not coming soon enough for the thousands of cyclists injured or killed in
bicycle accidents each year.