Gourt > Regional > North America > United States > Illinois > Business and Economy > Financial Services > Insurance
Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of potential financial loss. Insurance is defined as the equitable transfer of the risk of a potential loss, from one entity to another, in exchange for a premium and duty of care.
Principles of insurance
Losses must be uncertain.
The rate of losses must be relatively predictable: In order to set premiums (prices) insurers must be able to estimate them accurately. This is done using the Law of Large Numbers which states that: The larger the number of homogenous exposures considered, the more closely the losses reported will equal the underlying probability of loss. If the coverage is unique, the insured will pay a correspondingly higher premium. Lloyd's of London often accepts unique coverages. (e.g., the insuring of Tina Turner's legs and Jennifer Lopez's buttocks)
More on [ Insurance ]
Illinois HospitalsPhysicians in Illinois
Insurance :: Financial Services
#sextips Fellas: Don't let a woman suck your dick while you're driving. Is a totaled car and high insurance really worth head in the car?
reese_101 (Shareese ) Tue, 03 Nov 2009 05:57:14 -0000
#sextips Fellas: Don't let a woman suck your dick while you're driving. Is a totaled car and high insurance really worth head in the car?
Insurance - Claimsassesor http://www.jobfill.co.nz/cv/59
jobfill_cv (jobfill_cv) Tue, 03 Nov 2009 05:56:01 -0000
Insurance - Claimsassesor http://www.jobfill.co.nz/cv/59
Insurance - Claimsassesor http://www.jobfill.co.nz/cv/58
jobfill_cv (jobfill_cv) Tue, 03 Nov 2009 05:56:01 -0000
Insurance - Claimsassesor http://www.jobfill.co.nz/cv/58
Wall Street's Biggest Scam On Main Street: SIPC Investor Insurance ... http://bit.ly/bxl4f
antiscam (AntiScam) Tue, 03 Nov 2009 05:55:59 -0000
Wall Street's Biggest Scam On Main Street: SIPC Investor Insurance ... http://bit.ly/bxl4f
my eye is infected. i can't wait to get health insurance. gonna put lenses in my vintage frames from london!
xoxoPatHan (Patrick . Hanna) Tue, 03 Nov 2009 05:55:37 -0000
my eye is infected. i can't wait to get health insurance. gonna put lenses in my vintage frames from london!
europe in insurance travel http://bit.ly/LyEWu
Ur_WebInfoNews (Ur Web Info News) Tue, 03 Nov 2009 05:55:12 -0000
europe in insurance travel http://bit.ly/LyEWu
Blue Cross and Blue Shield of Illinois - An independent licensee of the Blue Cross and Blue Shield Association serving the state of Illinois. Resources for current and prospective members, employers, medical providers, and prospective employees.
Illinois Insurance Association (IIA) - Trade association that offers its members support and networking, education and training, legislative news, links, and contacts.
Professional Independent Insurance Agents of Illinois - Trade association that features its insurance information resources for independent insurance agents. Features membership benefits, including education and monthly magazine. Offices based in Springfield.
Surety Association of Illinois - Promotes corporate suretyship on public and private construction projects. Features information products, which enhance the use of fidelity and surety products. Affiliates, members, and calendar of events provided.
Meta Description: [ The SAI provides a forum for communication between professionals engaged in the surety industry. ]
| My Phone Call With Jimmy Davis About *OWNING YOUR GREATNESS* | |
| Next Video | |
