Genealogy

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Self-Insurance

Posted by admin on 06 Jan 2009 | Tagged as: Genealogy

Under certain conditions, it may be possible for a risk to be in­sured without transferring it to an outside insurer. When this is done, it is commonly referred to as “self-insurance.” An individual who self-insures must not be confused with a person who does not insure at all. Self-insurance is technical and requires the application of scientific insurance principles.Not all risks which may be insured ...Self-Insurance

American Lloyd’s

Posted by admin on 15 Dec 2008 | Tagged as: Genealogy

The success of the Lloyd’s of London type of insuring arrange­ment has led to the formation of associations of private underwriters in the United States, some calling themselves “Lloyds Association.” American Lloyds associations have not, in general, maintained the same high degree of integrity as Lloyd’s of London. One of the principal flaws has been that many of the underwriters in the association ...American Lloyd's