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The Nonadmitted and Reinsurance Reform Act of 2010 is a United States law regulating the sale of insurance in states where the insurer is usually not authorized to sell insurance. It prevents states other than the home state of a U.S. insurance company from imposing regulations or taxes on the sale of nonadmitted insurance.
Reciprocal inter-insurance exchange. A reciprocal inter-insurance exchange or simply a reciprocal in the United States is an unincorporated association in which subscribers exchange insurance policies to pool and spread risk. For consumers, reciprocal exchanges often offer similar policies to those offered by a stock company or a mutual ...
Insurance, generally, is a contract in which the insurer agrees to compensate or indemnify another party (the insured, the policyholder or a beneficiary) for specified loss or damage to a specified thing (e.g., an item, property or life) from certain perils or risks in exchange for a fee (the insurance premium). [2]
Roach said homeowners and businesses are typically insured by any of the state’s 118 standard insurers or 132 surplus line insurers, which specialize in high-risk insurance. ... This system was ...
A difference in conditions policy is an insurance policy that can help provide additional and expanded coverage for your home or business if you live in a region that sees regular disasters ...
Chicago Aurora and Elgin Railroad. The Chicago Aurora and Elgin Railroad ( CA&E ), known colloquially as the "Roarin' Elgin" or the "Great Third Rail", was an interurban railroad that operated passenger and freight service on its line between Chicago and Aurora, Batavia, Geneva, St. Charles, and Elgin, Illinois.
California's government surplus is expected to balloon to $97.5-billion by next summer under the budget plan unveiled Friday by Gov. Gavin Newsom, an estimate that vastly exceeds previous ...
Black on white; "CAL" at right. 123456. 1 to 122444. A one-time $2.00 fee is paid to register the vehicle, and the motorist must have a license plate made to hang from the rear of the vehicle (front plate also required starting in 1911).