Risk Management

Insurance coverage for liability arising from defective work after the work has been completed or abandoned.

Detailed explanation of Credit Personal Property Insurance, which covers goods involved in certain credit transactions.

Explanation of the Early Warning System designed by insurance industry regulators to identify risky practices and trends that could lead to systemic risk by monitoring and measuring an insurer’s financial stability.

Insurance coverage that protects against financial losses due to the unforeseen cancellation or postponement of a designated event.

Understand what excess workers' compensation insurance is, its importance and components including specific and aggregate coverage.

Understanding the concept of fronting in insurance, involving agreements between primary insurers and reinsurers.

A comprehensive guide to understanding Health Excess/Stop Loss Insurance, detailing its applicability to health plans or self-insured employer plans, and its functionality in providing financial protection against large claims.

Comprehensive guide on Hold-Harmless Agreement in insurance, detailing its purpose, functioning, and legal implications.

A critical calculation in property insurance that compares the amount of coverage to the actual cost of replacing the insured property.

Explore the definition and essential features of a Joint-Life Annuity, a special type of insurance product designed to provide payouts during the lifetime of two or more annuitants, typically until the first annuitant passes away.

An explanation of Key-Person Insurance, highlighting its importance, function, and regulatory framework.

Explore the concept of moral hazard in insurance, its implications, and ways to mitigate it.