Sentences with phrase «liability premiums for»

Because drivers with moving violations tend to be involved in more accidents, insurers can charge significantly higher liability premiums for less - than - perfect drivers.

Huw Evans, Director General of the ABI, has said that «Claims costs will soar, making it inevitable that there will be an increase in motor and liability premiums for millions of drivers and businesses across the UK.

Insurance.com acquired Quadrant premium data indicating the average annual liability premium for a driver purchasing minimum coverage limits to be $ 723.26 in California, versus $ 890.72 in New York.

Not exact matches

However, like many other public organisations, surf lifesaving clubs have faced steeply increasing public liability insurance premiums for the past five years.

(The subsidies for health insurance premiums are structured as refundable tax credits: The portions that exceed taxpayers» other income tax liabilities are classified as outlays; those that reduce tax payments are classified as reductions in revenues.)

«The Company's employment practices liability insurance retention has grown to $ 1 million from $ 350,000, causing an unacceptable level of risk for the Company, and the premiums for this insurance are well outside of industry standards,» the letter said.

After studying this chapter, you will be able to: Explain the basic nature of a joint stock company as a form of business organisation and the various kinds of companies based on liability of their members Describe the types of shares issued by a company Explain the accounting treatment of shares issued at par, at premium and at discount including oversubsription Outline the accounting for forfeiture of shares and reissue of forfeited shares under varying situations Workout the amounts to be transferred to capital reserve when forfeited shares are reissued; and prepare share forfeited account State the meaning of debenture and explain the difference between debentures and shares Describe various types of debentures; Record the journal entries for the issue of debentures at par, at a discount and at premium Explain the concept of debentures issued for consideration other than cash and the accounting thereof Explain the concept of issue of debentures as a collateral security and the accounting thereof Show the items relating to issue of debentures in company's balance sheet Describe the methods of writing - off discount / loss on issue of debentures Explain the methods of redemption of debentures and the accounting thereof Explain the concept of sinking fund, its use for redemption of debentures and the accounting thereof Topic List Features of a Company Kinds of Companies Share Capital of a Company Nature and Classes of Shares Issue of Shares Accounting Treatment Forfeiture of Shares Meaning of Debentures Types of Debentures Issue of Debentures Over Subscription Terms of Issue of Debentures Interest on Debentures Writing - off Discount / Loss on Issue of Debentures Redemption of Debentures Redemption by Payment in Lump Sum Sinking Fund Method

Carrying an unfunded liability, or pension debt, of any size increases the cost of retirement benefits, because in addition to paying for the benefits teachers earn each year, employers are charged a premium on each employee to help pay off the accumulated pension debt, Mr. McGee said.

C - Corporations, S - Corporations and insurance companies with an Arizona corporate income tax liability or insurance premium tax liability can redirect up to 100 % of that liability to a state approved School Tuition Organization and receive a dollar - for - dollar tax credit for their contribution.

As a rule of thumb, if your premium for comprehensive and collision is more than 10 percent of your vehicle's total value, consider carrying liability - only coverage.

As you are considering purchasing insurance, consider a few factors: first, females generally cost less than males to insure; second, shop around for insurance companies that offer discounts for driver's education classes, good grades, and driving logs; third, as you are insuring teenage drivers, your premiums will be lower if the drivers are occasional drivers; fourth, teenagers have a high accident rate, so consider purchasing high liability coverage and lower comprehensive coverage; and fourth, the type of car teenagers drive — whether it is new, sporty, or exotic — will also determine the premiums.

For others, their liability coverage premiums will rise, perhaps making their services uneconomic.

The exact wording is below: «Upon thirty (30) days written notice to Resident, Landlord may alter rental payment to cover additional costs in operating the premises incurred by Landlord because of any increase in ad valorem property taxes, charges for the electricity, heating fuel, and water consumed at the property, or increases in premiums paid for liability, fire or worker compensation insurance.

Start off with credit and debit card convenience fees, tools and supplies for your business, membership fees to professional societies, business liability insurance premiums, passports or visas for business trips, gift expenses, and even subscriptions for trade magazines.

The rates displayed are annual premiums for a standard liability policy with limits of 50 / 100/25 for both liability and uninsured motorist coverage.

Option overlay: An investor that sells an index call option incurs a liability in exchange for the up - front receipt of the option premium received.

This means that taking premium finance loans may be a negative legal asset protection move for affluent individuals and business owners because it subjects other valuable assets to liability to pay the loan.

Premiums for homeowner and liability insurance written in connection with a credit transaction

But if you are looking for a bare - bones policy that will keep your premium low, liability only insurance may be what you are looking for.

Features * Liability limits up to $ 1 million * Business property protection up to $ 100,000 (with $ 250 deductible) * Optional coverage for money and securities * Electronic data processing coverage * Loss of income coverage * Optional Identity Fraud Expense Coverage * Premiums starting as low as $ 150 annually

The liabilities for investment agreements and medium - term notes are carried at their face value, adjusted for any premiums or discounts, plus accrued interest.

If MBIA was to have a premium deficiency that is greater than unamortized acquisition costs, the unamortized acquisition costs would be reduced by a charge to expense and a liability would be established for any remaining deficiency.

Washington, D.C. — Major auto insurance companies charge good drivers as much as 47 percent more for basic liability auto insurance if they don't own their home, according to a new analysis of premiums by the nonprofit Consumer Federation of America (CFA).

Certainly not his little helpers at TLI... Charles Tracy & Ian Reynolds, both on the board since day one, deserve their fair share of the blame for a litany of mishaps & generally nasty surprises over the years... leverage, currency hedging, tax liabilities, credit exposure, life expectancies, policy expiries, premium increases & whatever other risks / issues I may have forgotten at this point.

These net liabilities are calculated with an internal model using many scenarios to determine the fair value of amounts estimated to be paid, less the fair value of net future premiums estimated to be received, adjusted for risk and profit charges that the Company anticipates a hypothetical market participant would require to assume this business.

The cash value of a life insurance policy accumulates tax deferred, but if you surrender the policy, you'll incur an income tax liability for funds that exceed the premiums you have paid.

No, not every one, of course not, but I'm positive that a fellow free market proponent appreciates why the private sector wants 30 % more for jumbos and what that means to taxpayers who are now on the for that extra liability but not collecting the risk premium.

Minimize your upfront costs by raising your deductible to lower your premiums, excluding unnecessary coverage, and shopping around for renters liability insurance.

Annual premium for $ 1m Liability, Uninsured Motorist, Physical Damage, $ 100k Cargo limit and General Liability.

However, if your income for surcharge purposes is above the thresholds, you may receive too much rebate (premium reduction), and you may incur a private health insurance liability when you lodge your tax return.

Access to business liability insurance policies for all companion animal species through Business Insurers of the Carolinas (additional insurance premium required)

CRF is also designing an ingenious way to pay for the task of restoring the ice via the insurance industry, where fossil fuel industries would pay an extra premium that fairly reflects the climate change liability they cause.

The proposal would entail that an average premium rate for each class would be set based on the collective liability of new claims costs of employers in that class, past unfunded claim costs for the class and administrative costs of the system.

It's your responsibility to make sure your premium is paid on time if you want the insurance company to be responsible for your liability in an auto accident.

If a firm is approved for excess insurance with LAWPRO, factors which may affect the firm's premium include, for example, the number of lawyers in or working with the firm, the practice areas, the claims history of the firm lawyers, years in practice, size of practice and the limits of liability being sought.

The WSIB is funded by employers» premium payments and already faces an unfunded liability (the gap between the WSIB's future obligations to injured workers and the money available to pay for those claims) of over $ 5 billion.

Allen's representative work includes the successful defense of a multi-million dollar insurance coverage and rescission suit by Lloyd's of London; dismissal of a six - figure claim for retroactive premiums against the St. John Community Development Center; summary judgments (affirmed on appeal) against Essex Insurance Company and Liberty Mutual Fire Insurance Company for breach of their respective insurance contracts; trial verdicts against Allstate Fire and Casualty Insurance Company and Liberty Mutual for insurance bad faith; and numerous confidential five, six, and seven figure settlements reached in insurance disputes of all types (including residential and commercial property, commercial general liability, auto liability, errors and omissions, negligent procurement, and insurer bad faith).

Lord Neuberger said that while there was no «good policy reason» to refuse the father recovery of the premium, it seemed «unlikely» that «the rules would have envisaged that a losing party's liability for a substantial sum should depend on the successful party's appetite for, and financial ability to take, the risk of losing and paying costs».

Under existing policy, owners of nuclear power plants pay a premium each year for $ 375 million in private insurance for offsite liability coverage for each reactor unit.

Toronto, ON: September 25, 2003: Lawyers will be paying a base premium of $ 2,500 per lawyer for their professional liability insurance coverage in 2004, with some lawyers paying as little as $ 1,113, depending on the coverage options they select, their practice areas and years in practice.

As well, the professional liability marketplace continues to experience reduced capacity: Double and even triple digit premium increases for liability coverage have been reported for some commercial programs.

The Firm pays the practice fees and liability insurance premiums for all lawyers.

The Court reasoned that it would be unfair to the insurance company to allow an increased risk for an owned vehicle which was not listed in the contract to be covered without allowing the liability company to increase premiums to account for such risk.

Quite apart from acting for the funders, he is regularly instructed on behalf of both receiving and paying parties to recover / oppose the recovery of pre LASPO premiums and additional liabilities.

We looked at sample auto insurance premiums for the minimum liability in the state of California and compared illustrative quotes for Titan / Victoria Fire to national insurers such as GEICO and Allstate.

It's probably not be fair for a policyholder to be subject to more expensive premiums because a roommate they added to their policy filed a liability claim they had no connection to.

Having a secured area for your guard dog could help with your personal liability insurance and installing burglar alarms and smoke detectors will almost always reduce your premium.

Section 941 of the Oklahoma Insurance Code says that a company can not assign driving record points, cancel, refuse to renew or increase the premium rate for any motor vehicle liability or collision insurance policy for the reason that the insured has been involved in a motor vehicle collision and was not at fault.

You want to look up terms like premium, liability, and deductible, because these refer to what you'll be paying and what you're covered for.

Insurance premiums can be anywhere from $ 500 a year to more than many thousands per year just for general liability alone.