ACSR – Accredited Customer Service Representative
ARM – Associate in Risk Management
ARMP – Associate in Risk Management for Public Entities
ASOP – Actuarial Statement of Practice
BAP – Business Auto Policy
BCBSA – Blue Cross and Blue Shield Association
BI – Bodily Injury
BOP – Business Owners Policy
CFROI – Cash Flow Return on Investments
CRIS – Construction Risk and Insurance Specialist
CIC – Certified Insurance Counselor
CISR – Certified Insurance Service Representative
CPCU – Chartered Property Casualty Underwriter
CPIW / CPIM – Certified Professional Insurance Woman / Man
CCC – Care, Custody, or Control (Exclusion)
COBRA – Consolidated Omnibus Budget Reconciliation Act
D&B – Dun & Bradstreet
DEC – Declarations Page
DED – Deductible
DI – Disability Income
DIC – Difference-In-Conditions (Insurance)
DIL – Difference-In-Limits (Clause)
D&O – Directors and Officers (Liability Insurance)
DSU – Delay in Start-Up Insurance
DOB – Date of Birth
DOC – Drive Other Car Coverage
DOD – Date of Death
EAP – Estimated Annual Premium
EBIDDA – Earnings Before Interest, Dividends, Depreciation, And Amortization
EH&S – Environmental Health and Safety
EP – Earned Premium
EPA – Environmental Protection Agency
EPD – Expected Policyholder Deficit
EPL – Employment Practices Liability
EPLI – Employment Practices Liability Insurance
ETB – Engaged In Trade or Business
FAIR – Fair Access to Insurance Requirements
FALU – Fellow of the Academy of Life Underwriting
FCAS – Fellow of the Casualty Actuarial Society
FAP – Family Automobile Policy (More Commonly Pap)
FCPL – Farmers Comprehensive Personal Liability
FCRA – Fair Credit Reporting Act
FIRM – Flood Insurance Rate Map
FIRREA – Financial Institutions Reform Recovery and Enforcement Act
FMV – Air Market Value
FTCAC – Fire, Theft, and Combined Additional Coverage
FVD – Full Value Declared
GAP – Guaranteed Auto Protection
GCD – Guaranteed Cost Discount
GIO – Guaranteed Insurability Option
GKLL – Garage Keepers Legal Liability (Insurance)
GL – General Liability
GVW – Gross Vehicle Weight
GWP – Gross Written Premium
HIAA – Health Insurance Association of America
HII – Health Insurance Institute
HIPAA – Health Insurance Portability and Accountability Act
HLDI – Highway Loss Data Institute
HLV – Human Life Value
HCQIA – Health Care Quality Improvement Act
HPL – Hospital Professional Liability (Insurance)
HPR – Highly Protected Risk (Property)
Good to read:
LIC AAO Preparation strategy LIC AAO Job profile LIC AAO Previous year cut offs
IAHU – International Association of Health Underwriters
IFC – Insured Fixed-Price Cleanup
IIAA – Independent Insurance Agents of America, Inc.
IIAC – International Insurance Advisory Council
IIHS – Insurance Institute for Highway Safety
III – Insurance Information Institute
IRI – Industrial Risk Insurers
IRIS – Insurance Regulatory Information System
IRM – Improved Risk Mutuals
ITI – Insurance Testing Institute
JCAH – Joint Commission on the Accreditation of Hospitals
JCAHO – Joint Commission on Accreditation of Healthcare Organizations
JSA – Job Safety Analysis
JUA – Joint Underwriting Authority; Joint Underwriting Association
JV – Joint Venture
LAE – Loss Adjustment Expense
LIAA – Life Insurance Association of America
LIAMA – Life Insurance Agency Management Association
LIRB – Liability Insurance Research Bureau
LLC – Limited Liability Company
LMU – Loss Mitigation Underwriting
LOC – Letter Of Credit
LTA – Lost Time Accident; Long Term Agreement
LTD – Long-Term Disability
Hola! If you haven't heard this quote yet, take a moment to read it here.…
"Think good an good follows. Think evil and evil follows. Think creative and creativity will…
Better late than never! Apologies for the delay in responding, but I'm here now to…
By providing accurate information, context, promoting critical thinking, raising awareness, connecting global and local issues,…
Current affairs coverage often showcases stories of individuals and communities making a positive impact. Q1.…
Current affairs coverage helps individuals understand the interconnectedness of global and local events. It shows…