Sentences with phrase «used by the insurance industry»

These models are currently used by the insurance industry in underwriting flood and wind insurance products, by the finance industry in pricing catastrophe bonds, and by local officials in coastal communities in preparing for and responding to hurricanes and other coastal storms.
These models are currently used by the insurance industry in underwriting flood and wind insurance products, by the finance industry in pricing catastrophe bonds, and by local officials in coastal communities in preparing for and responding to hurricanes and other coastal storms.
This statistic is used by the insurance industry when calculating insurance rates for air travel.

Not exact matches

Property insurance startup Lemonade has tried to create a level of trust not usually found in the industry by using a business model in which it has nothing to gain monetarily by denying a person's claim.
Our warranties are recognized by the Ontario Motor Vehicle Industry Council (OMVIC) and the Used Car Dealers Association (UCDA) of Ontario and are fully insured by Industrial Alliance Insurance Company which has an AM Best rating of A +.
It was started in 2012 by David Smith, who used to work for the largest liability insurance provider to the fund industry, as a simpler, cleaner, more specialized alternative to services such as WestLaw or Lexis.
Life Insurance Class or Life Insurance Underwriting Class or Life Insurance Health Class and Life Insurance Risk Classes are all sometimes used to describe the rating system used by the life Insurance industry.
Just wanted to point out that if you buy MGP, or buy into any American Funds and / or life insurance company product sales schemes by «financial advisers» using MGP; then you are a critical part of «the problem» of why most everything is hopelessly broke and broken in the financial services industry, why it just keeps getting worse all the time, and why it can't be fixed.
The second fallacy the life insurance industry perpetuates, is that you can take withdrawals tax - free by using the policy loan feature.
This model is part of AIR's «EuroCAT» modeling system, widely used by the property and casualty insurance industry to manage climate risk.
Historically the term moral hazard has been used most widely in the insurance industry, originally where insurers were concerned that people of weak moral character would take advantage of insurance by being careless of insured risks, or even to defraud insurers through deliberate acts such as arson.
The insurance industry used these challenges as a kind of possibility to organise a more effective operational structure, to elaborate more «crisis - proof» products, to find new distribution channels, new markets, and this revival has been accelerated by the new regulation scheme as well.
The term «experience» or «experienced,» as used on the Site, Applications, and in other communications in reference to third party attorneys participating in LegalZoom's legal plans or other attorney access services means that the legal plan primary handling partner of each law firm fulfills the following: (a) possesses a minimum of five years» experience practicing law, (b) maintains errors and omissions insurance policies consistent with industry standards, (c) is in good standing with the state bar in each jurisdiction in which the attorney is licensed to practice, (d) has no pending malpractice lawsuit, as of the date of joining one of LegalZoom's legal plans, and (e) has no public record of discipline by a state bar within the last five years.
In its recent decision in Sabean v. Portage La Prairie Mutual Insurance Co., the Supreme Court of Canada has held that words in a standard form contract used by the public should be given their plain and ordinary meaning, and not a different meaning that those words might be given by the industry or trade -LSB-...]
at § 1630.14 (b)(describing such use with reference to 29 CFR 1630.16 (f), which in turn explains that the ADA regulation «is not intended to disrupt the current regulatory structure for self - insured employers * * * or current industry practices in sales, underwriting, pricing, administrative and other services, claims and similar insurance related activities based on classification of risks as regulated by the states»).
In the insurance industry, tools, equipment, and machinery used by contractors are called contractors equipment.
Frustrated by the different systems in use, the insurance industry has been pushing for an online verification system where a driver's insurance coverage can be checked by authorities immediately when the need arises — such as at the scene of an accident or a traffic infraction.
AgencyBloc helps life and health insurance agencies grow their business by organizing and automating their operations using a combination of an industry - specific CRM, commissions processing, and integrated marketing automation.
As a result of his intense involvement with the insurance business, he developed a theory that, by screening auto insurance applicants much more thoroughly than was the prevailing industry standard, he could offer insurance policies at a reduced premium cost to drivers who had previously been classified as «bad drivers,» one of the two broad classifications used at the time.
Insurance providers will use information collected by industry safety reports and customer claims to determine if your vehicle may be a higher risk.
«The short answer to whether harm caused by the recreational use of a UAS is covered by a standard homeowners» insurance policy is, «probably yes,»» says Claims Journal, which covers the insurance industry.
Many of those comparison sites show you numerous choices and then allow you to book directly with a travel provider, that same ease of use is now being brought to the car insurance industry by Compare.com.
Known within the auto insurance industry and investigatory agencies, «price optimization» is a practice by which insurers use a high - tech data - mining tool to identify loyal policyholders who are potentially the least likely to shop for a new insurance carrier — then charge them more for that loyalty.
By offering services across both home and auto industries, Progressive is equipped to offer lower rates through bundled insurance plans, and the insurer has already taken steps to improve the shopping process: Under Griffith's direction, the company recently launched HomeQuote Explorer, a first - of - its - kind tool used to compare insurance quotes for homeowners just as quotes are assessed for drivers.
This is used by the life insurance industry to disparage term insurance.
A major insurance company and a major insurance industry group are backing a recommendation by the National Transportation Safety Board for a state - by - state ban on using cellphones while driving... more
Credit scores are being used more often now by the auto insurance industry.
They are changing the game in the insurance industry by giving you more flexibility using cutting edge technology that...
An Insurance resume is used by individuals in the insurance Insurance resume is used by individuals in the insurance insurance industry.
Students will learn to prepare various health claims forms required by the insurance industry using medical billing software.
Create Resume Jake Payne 100 Main Street, Cityplace, CA, 91019 H (555) 322-7337: C: (555) 322-7337 [email protected] Professional Profile LPN with 18 years experience in IT environment for the setup and scripting of web based medical history interviews currently used for risk assessment by the insurance industry.
The program, created in the 1970s by an insurance industry group, was recently updated with the help of NAR and is now available for REALTORS ® to buy for their own use or as gifts to clients and customers.
For years the industry has maintained that mortgage insurance premiums are the functional and economic equivalent of mortgage interest — essentially compensation for the use of money — and therefore should be treated in the same way by the tax code.
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