Association captive insurer definition

Association captive insurer means a business entity that insures the risks of:
Association captive insurer means any insurer transacting the business of insurance and reinsurance only on risks, hazards, and liabilities of the members of an insurance association.
Association captive insurer means a captive insurer that is completely under the direct or indirect voting control of an association.

More Definitions of Association captive insurer

Association captive insurer means a captive insurer that is
Association captive insurer means a captive insurer that only insures risks of the member organizations of an association and the affiliated companies of those members, including groups formed pursuant to the Product Liability Risk Retention Act of 1981, approved September 25, 1981 (95 Stat. 949; 15 U.S.C. § 3901 et seq.), and the employee benefit plans or trusts of such organizations or companies.
Association captive insurer means a captive insurer that only insures risks of the member organizations of an association and the affiliated companies of those members, including groups formed under the Product Liability Risk Retention Act of 1981.
Association captive insurer means a company that insures risks of the member organizations of the association and their affiliated com- panies.
Association captive insurer means any insurer transacting the business of insurance and
Association captive insurer means any insurer transacting the business of insurance and reinsurance only

Related to Association captive insurer

  • Association captive insurance company means a company that insures risks of the member organizations of the association and their affiliated companies.

  • Captive insurance company means any pure captive insurance company, association captive

  • Pure captive insurance company means a company that

  • Captive Insurance Subsidiary means any Subsidiary of the Company that is subject to regulation as an insurance company (or any Subsidiary thereof).

  • Association Representative A member of the Association, who has been designated as a representative by the Association or a staff person of the Association.

  • Association means the Public Service Association and Professional Officers’ Association Amalgamated Union of New South Wales.

  • Title Insurance Company means the company that has or will issue the title policies with respect to a Leased Property, which company shall be reasonably acceptable to the Funding Parties.

  • ' Compensation Insurance With respect to all operations performed, the Party shall carry workers’ compensation insurance in accordance with the laws of the State of Vermont. Vermont will accept an out-of-state employer's workers’ compensation coverage while operating in Vermont provided that the insurance carrier is licensed to write insurance in Vermont and an amendatory endorsement is added to the policy adding Vermont for coverage purposes. Otherwise, the party shall secure a Vermont workers’ compensation policy, if necessary to comply with Vermont law.

  • Title insurance agent means an agent licensed in the Commonwealth to sell, solicit, or negotiate