Commercial lines definition

Commercial lines. ’ means non-life insurance business other than in respect of personal lines;
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Commercial lines means any line of insurance that is not a personal line.
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Commercial lines means property insurance products designed for commercial and residential businesses and other commercial entities.
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Examples of Commercial lines in a sentence

  • Commercial lines or breeds are ∗ Corresponding author: eileen.wall@sac.ac.uk unlikely to contain all the best alleles for traits considered of economic impor- tance (e.g., [24]).

  • In the P&C business, the increase in the result is due to an increase in net earned premiums in the Medical Assistance, Personal Lines and Commercial lines, which was attenuated by an increase in net claims in the Medical Assistance and Personal lines.

  • In the P&C business, the decrease is due to an increase in net claims in the Medical Assistance, Cars and Commercial lines and to growth in the acquisition cost due to higher commissions in Personal Lines, Cars and the Commercial lines.

  • A certificate of Bank as to the amount of such compensation, prepared in good faith and in reasonable detail by the Bank and submitted by Bank to Borrower, shall be conclusive and binding for all purposes absent manifest error.

  • Clean claims will be processed pursuant to the timeframe specified by applicable law for Commercial lines of business and 30 calendar days from receipt for Senior Advantage/Medicare lines of business.

  • This policy applies to all Commercial lines of business (Fully-Insured and Self-Insured).

  • Commercial lines rating is provided by AgentSecure using its own proprietary platform and integrations with carrier systems.

  • Commercial lines rating is provided by InsureZone using its own proprietary platform and integrations with carrier systems.

  • The combination of AXA’s and XL Group’s existing positions will propel the Group to the #1 global position in P&C Commercial lines with combined 2016 revenues of ca.

  • It is focused mainly on the regulated USA Property and Casualty insurance industry for both Personal and Commercial lines.


More Definitions of Commercial lines

Commercial lines means insurance for business and professional interests, except
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Commercial lines means any line of insurance that is not a personal line. [ 1989, c. 797, §2 (NEW); 1989, c. 797, §§37, 38 (AFF) .] 2. "Developed losses" means losses, including loss adjustment expenses, adjusted, using standard actuarial techniques, to eliminate the effect of differences between current payment or reserve estimates and those needed to provide actual ultimate loss and loss adjustment expense payments. [ 1989, c. 797, §2 (NEW); 1989, c. 797, §§37, 38 (AFF) .] 3. "Expense" means that portion of a rate attributable to acquisition, field supervision and collection expenses; general expenses; and taxes, licenses and fees. [ 1989, c. 797, §2 (NEW); 1989, c. 797, §§37, 38 (AFF) .] 4. "Loss trending" means any procedure for projecting developed losses to the average date of loss for the period during which the policies are to be effective. [ 1989, c. 797, §2 (NEW); 1989, c. 797, §§37, 38 (AFF) .] 5. "Personal lines" means homeowners, tenants, private passenger nonfleet automobiles, mobile homes and other property and casualty insurance for personal, family or household needs. [ 1989, c. 797, §2 (NEW); 1989, c. 797, §§37, 38 (AFF) .] 6. "Prospective loss costs" means that portion of a rate that does not include provisions for expenses, other than loss adjustment expenses, or profit, and is based on historical aggregate losses and loss adjustment expenses adjusted through development to their ultimate value and projected through trending to a future point in time. [ 1989, c. 797, §2 (NEW); 1989, c. 797, §§37, 38 (AFF) .] 7. "Rate" means the cost of insurance per exposure unit, whether expressed as a single number or as a prospective loss cost with an adjustment to account for the treatment of expenses, profit, and individual insurer variation in loss experience, prior to any application of individual risk variation based on loss or expense considerations, and not including minimum premium. [ 1989, c. 797, §2 (NEW); 1989, c. 797, §§37, 38 (AFF) .] 8. "Supplementary rating information" means any manual or plan of rates, classification rating schedule, minimum premium, policy fee, rating rule, underwriting rule, statistical plan and any other similar information needed to determine the applicable rate in effect or to be in effect. [ 1989, c. 797, §2 (NEW); 1989, c. 797, §§37, 38 (AFF) .] 9. "Supporting information" means: A. The experience and judgment of the filer and the experience or data of other insurers or advisory organizations relied upon by the filer; [1989, c...
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Commercial lines means property and casualty insurance written through Hallmark General Agency, Inc.
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Commercial lines shall be defined as a Component of the CMS related to the Base and Auto System to process claims involving commercial lines of insurance, excluding motor vehicle claims.
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Commercial lines means insurance for business and
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Commercial lines means insurance for business and professional interests, except that it does not include medical malpractice insurance.
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Related to Commercial lines

  • Commercial Launch means the initial First Commercial Sale of a Product in the Territory.

  • Commercial property means property formerly or currently used primarily for business, retail, governmental or professional purposes.

  • Commercial License means any license issued to an individual or entity that is not a patient, caregiver, or transporter agent.

  • Commercial project means any project, including, but not

  • Commercial driver s license" means:

  • Commercial Product means any such product as defined in FAR 2.101.

  • Commercial Item means a commercial item as defined in FAR 2.101.

  • Research facility means buildings and structures, including machinery and equipment, used or to be used primarily for research or experimentation to improve or develop new tangible goods or materials or to improve or develop the production processes thereto.

  • Commercial Production means the operation of the Property or any portion thereof as a producing mine and the production of mineral products therefrom (excluding bulk sampling, pilot plant or test operations);

  • Commercial Development means any development on private land that is not heavy industrial or residential. The category includes, but is not limited to: hospitals, laboratories and other medical facilities, educational institutions, recreational facilities, plant nurseries, car wash facilities, mini-malls and other business complexes, shopping malls, hotels, office buildings, public warehouses and other light industrial complexes.

  • Commercial Activities means activities conducted on a commercial basis.

  • Cannabis processing facility means a person that:

  • commercial fishing means to take, harvest, hold, transport, or off-load marine species for sale or intended sale (R.I. Gen. Laws § 20-1-3).

  • Commercial Sale means the sale of Product (as indicated by shipment of Product) to an unaffiliated third-party of the Licensee, or of its sublicensee or distribution partner, such as a wholesaler, managed care organization, hospital or pharmacy and shall exclude (i) any transfer of Product by Licensee to its sublicensee, distribution partner or Affiliate and (ii) any distribution of Product for use in research, development, pre-clinical and clinical trials.

  • Commercial vehicle means a motor vehicle, trailer, or semitrailer used or

  • Manufacturing Facilities means facilities engaged in the mechanical or chemical transformation of materials or substances into new products and shall include:

  • agricultural products means an animal or plant or a product, including any food or drink that is wholly or partly derived from an animal or plant, and includes all after acquired Agricultural Products of the Producer, or any proceeds therefore.

  • Commercial area means an area in which at least 75% of the property is devoted

  • Agricultural product means the products listed in Annex I to the Treaty, except fishery and aquaculture products listed in Annex I to Regulation (EU) No 1379/2013 of the European Parliament and of the Council of 11 December 2013;

  • Manufacturing Facility means buildings and structures, including machinery and equipment, the primary purpose of which is or will be the manufacture of tangible goods or materials or the processing of such goods or materials by physical or chemical change.

  • Commercial Development Plan means the written commercialization plan attached as Appendix E.

  • Commencement of Commercial Production means: (i) if a mill is located on the Property, the last day of a period of 40 consecutive days in which, for not less than 30 days, the mill processed ore from the Property at 60% of its rated concentrating capacity; or (ii) if a mill is not located on the Property, the last day of a period of 30 consecutive days during which ore has been shipped from the Property on a reasonably regular basis for the purpose of earning revenues, but any period of time during which ore or concentrate is shipped from the Property for testing purposes, or during which milling operations are undertaken as initial tune-up, shall not be taken into account in determining the date of Commencement of Commercial Production;

  • Commercial Use means the use to which the material can commercially be put.

  • Commercial Services means any waste management service, relating or connected to accumulating, collecting, managing, recycling, sorting, storing, treating, transporting, disposing, buying or selling of waste or any other manner of handling waste excluding services rendered by the municipality;

  • Commercial Facility means the Commercial Facility made available under this Agreement as described in Clause 2.1 (Facility).

  • Commercial vessel means any vessel not owned and operated by the United States military or the United States Coast Guard.