self-insurance

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Words related to self-insurance

insuring yourself by setting aside money to cover possible losses rather than by purchasing an insurance policy

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References in periodicals archive ?
Notably in the case of a self-insurer, Comcare does not have a role in rehabilitation as this is left to the employer.
California self-insurers have figured out how, for publicly traded companies, to substitute another form of collateral, which is less than one-fifth the cost of an LOC.
In most jurisdictions, employers who have more than a few employees must either purchase workers compensation insurance or apply to become qualified self-insurers.
The Mississippi Workers' Compensation Individual Self-Insurer Guaranty Association and the Workers' Compensation Group Self-Insurer Guaranty Association were created as two separate nonprofit unincorporated legal entities.
The property manager with appropriate premium levels can qualify in a particular state of operation and is approved by state insurance authorities as a self-insurer.
Regardless of whether "self-insurance" is "other insurance" for purposes of determining liability between an insurer and a self-insurer, it may be so for purposes of determining guaranty fund liability when an insurer becomes insolvent.
Contract notice:Municipality of Delft since 2011 self-insurer for the WGA firm has the financial risks associated risk exposure transferred to the shelf to an insurance company through a conventional insurance.
v Shaw (52 NY2d 818 [1980]), we considered the application of this requirement to self-insurers, and held that a self-insurer had the same liability for uninsured motorist coverage that an insurance company would have.
For the determined self-insurer, an annuity or life combination product makes perfect sense.
The event that triggers the obligation of the Self-Insurer Guaranty Association was changed from a determination of the insolvency of a self-insurer to the default of the self-insurer.
A self-insurer may have experienced significant increases in its excess insurance costs--which limits the cost of a single occurrence or the aggregate dollar of losses--potentially compounded by decreases in projected investment income, which typically increases funding.
In General Dynamics, 481 US 239 (1987), the Supreme Court adopted a rule for determining when a self-insurer of medical claims was entitled to a deduction for medical services provided to its employees.
Some states require the self-insurer to purchase aggregate excess insurance above a self-insured limit to ensure the company can pay all claims.
H3O Foundation since 2012 self-insurer for the WGA firm has the financial risks associated risk exposure transferred to the shelf to an insurance company through a conventional insurance.