Joint underwriting association definition

Joint underwriting association means a mechanism requiring casualty in- surers doing business in Oregon to provide commercial liability insurance to certain businesses and service providers on either an assigned risk basis or through a joint under- writing pool underwritten to standards adopted under the Insurance Code.
Joint underwriting association means any entity created under Section 627.351, Florida Statutes, and which engages in the writing of Covered Policies.
Joint underwriting association means a voluntary unincorporated association of insurers authorized to engage in business in this state that has been authorized by the association's member insurers to act on behalf of the member insurers in joint underwriting or in issuing syndicate insurance policies on a several, but not joint, basis. (V.T.I.C. Art. 21.49-3b, Secs. 2(3), (4).)

Examples of Joint underwriting association in a sentence

  • ARTICLE 54New York Property Insurance Underwriting Association SECTION 5402 Joint underwriting association NYsenate.gov news & issues senators & committees bills & laws events about the senate Follow the New York Senate facebook twitter youtube Accessibility Statement Contact the Senate Creative Commons Developers Home Rule Form Policies & Waivers Privacy Policy Terms of Participation Sorry, you need to enable JavaScript to visit this website.

  • Joint underwriting association for medical malpractice insuranceAll Sections Oct.


More Definitions of Joint underwriting association

Joint underwriting association means a mechanism requiring casualty in- surers doing business in Oregon to provide commercial liability insurance to certain businesses and service providers on either an assigned risk basis or through a joint under-
Joint underwriting association means a mechanism [requiring] through which authorized
Joint underwriting association means the Compulsory Liability Insurance Joint Underwriting Association comprised by every private insurers whose main purpose is to provide compulsory liability insurance to applicants of such insurance that have been rejected by private insurers.
Joint underwriting association means the Compulsory Liability Insurance Joint Underwriting Association created by Law. The Association is a private for-profit insurer created by virtue of the provisions of Public Law No. 253, enacted on December 27, 1995, as amended, and is therefore subject to the provisions of the Code applicable to insurers for the activities for which it was created. Likewise, the Commissioner’s authority with regard to the Association will be the same as with regard to private insurers.
Joint underwriting association means the Compulsory Liability Insurance Joint Underwriting Association made up of all the private insurers, whose main purpose is to provide compulsory liability insurance to applicants of said insurance who have been rejected by the private insurers.
Joint underwriting association means the Compulsory Liability Insurance Joint Underwriting Association that will be comprised of all private insurers whose principal purpose will be to provide compulsory liability insurance to applicants for such insurance that are rejected by private insurers.
Joint underwriting association means the Joint Underwriting Association created under section 3929.72 of the Revised Code and dissolved under section 3929.721 of the Revised Code.