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event insurance
event insurance
Insurance , in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for a premium. Insurer is the company that sells the insurance. Insurance rate is a factor used to determine the amount, called the premium , to be charged for a certain amount of insurance coverage. Risk management, the practice of appraising and controlling risk, has evolved as a discrete field of study and practice.
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latest news
When to buy car rental insurance (AP via Yahoo! News)
Q: Does it make sense to purchase insurance when I rent a car, or am I already covered?
La. Supreme Court hears Hurricane Rita insurance case (New Orleans Times-Picayune)
In the first insurance case from the 2005 hurricane season to reach the Louisiana Supreme Court, the seven justices heard arguments Tuesday on whether insurers should cover flood damage on homes that were destroyed by a combination of wind and flood -- a question that could be worth millions of dollars of additional recoveries by hurricane victims and cause headaches for the insurance industry.
Newspapers Examine Presidential Candidates Clinton, Obama Difference Over Individual Health Insurance Mandate (Medical News Today)
The health proposals of Democratic presidential candidates Sens. Hillary Rodham Clinton (N.Y.) and Barack Obama (Ill.) are "remarkably similar," but whether to require all U.S. residents to obtain health insurance "remains a great dividing point," the Wall Street Journal reports (Meckler, Wall Street Journal, 2/23).
Workers' comp conference set for insurance companies (Charleston Daily Mail)
A second conference for insurance companies interested in entering West Virginia's workers' compensation insurance market will be held in Charleston on April 8, state Insurance Commissioner Jane Cline announced.
Judge rejects attempt to restore $4,000 insurance cap (CBC via Yahoo! Canada News)
In a blow to the Alberta government and auto insurance industry, a Calgary judge rejected their request for a stay on a ruling that struck down payout caps on soft-tissue injuries.