Insurance company that is a member of a rating bureau. The insurer usually joins such an organization when its statistical experience in a given line of insurance is not sufficient for it to accurately predict loss experience for that line.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Insurance company that is a member of a rating bureau. The insurer usually joins such an organization when its statistical experience in a given line of insurance is not sufficient for it to accurately predict loss experience for that line.
Powered by Black’s Law Dictionary, Free 2nd ed., and The Law Dictionary.