Sentences with phrase «hold claims reserve»

Incumbents at this level typically hold claims reserve and settlement authority of up to $ 10,000 liability and / or $ 25,000 workers compensation or greater.

Not exact matches

With banks holding fractional reserves of Federal Reserve dollars (notes and deposit claims on the books of the Fed, whose sum is called «the monetary base»), when the Fed increases the quantity of Federal Reserve dollars by $ 1 billion, the banking system ordinarily creates a multiple amount of deposit dollars.

The hack led to speculation online and in the press that Tether did not hold the dollar reserves it claims are backing its cryptocurrency.

In the event you don't pay the bill and let it go delinquent, the issuer can claim what is owed from the cash held in reserve.

She rejected the claim of former Chief Taypotat of the Kahkewistahaw First Nation that the First Nation's Election Code's education requirement that candidates for office hold a Grade 12 diploma or equivalent discriminated against him on the basis of his age and residence on the reserve.

Likewise, spouses can often try to extract the cash reserves held in a business, arguing that they should be paid out to meet their claim rather than being retained for future investment.

In addition, each of these insurance companies are annually audited by state insurance departments and are required by law to hold reserves with assets specifically allocated to protect the insurance company's ability to pay claims and other policy benefits.

Actuaries keep insurance carriers profitable and financially stable by setting prices, assessing trends, and determining how much to hold in reserve to pay claims.

You agree to indemnify, defend and hold How - To Geek and its respective officers, directors, employees, members or representatives (and all successors and assigns of any of the foregoing), harmless from and against any claim or demand, including without limitation, reasonable attorneys» fees and disbursements, made by any third party in connection with or arising out of your use of the Services, your connection to the Services, your violation of the Terms or How - To Geek Privacy Policy, your violation of an applicable law, your submission, posting, transmission of User Content to the Services, and / or your violation of any rights of another we reserve the right, at our own expense, to assume the exclusive defense and control of such disputes, and in any event you will cooperate with us in asserting any available defenses.

While many cryptocoins seek to transcend conventional currency, the cryptocurrency Tether claims to back each of its issued tokens with an equal amount of redeemable cash held in a private reserve.

Tether is a popular cryptocurrency that claims to have its value back directly by U.S. dollars held in reserve.

The Peoples of the Ngaanyatjarra Lands hold exclusive native title rights over most of the claimed area - approximately 187,000 sq km in Western Australia, stretching from the Gibson Desert Nature Reserve to the South Australian border.47 The Peoples of the Ngaanyatjarra Lands also hold non-exclusive rights over an unvested reserve in the claim area including rights to: enter and remain on reserved land; take flora and fauna; take water for personal, domestic or non-commercial communal purposes; take other natural resources such as ochre, stones, soils, wood and resin; and care for and protect sites of significance.

FHA is not bankrupt, and has more than $ 30 billion to pay claims on losses, but Congress requires them to hold a full 30 years - worth of reserves, and FHA does not have that.

However, it is thought to be undercapitalized, particularly because FHA is required by law to hold reserves for claims over a 30 - year period.