The official website of the Alabama Department of Insurance Welcome to the web site of the Alabama Department of Insurance It is my hope that you will find this site useful as you seek information regarding our agency and the insurance marketplace in our state...
Know MorePremium Rat Insuring Agreement Insurance Producers DEP >Citizens >Mine Subsidence Insurance Begin Main Content Area Mine Subsidence Insurance Pennsylvania has a long history of coal and clay mining As a result of this underground mining, millions of structures in Pennsylvania are located over old, abandoned underground coal and clay ....
Know MoreSep 07, 2017 0183 32 Commenting on conditions in the mining insurance market is somewhat akin to the playing of a scratched record on an old gramophone belonging to your grandmother a repeated mantra, year on year, of increased capacity, more competition, reduced rates and dwindling premium ,...
Know MoreEnergy Mining Global risk is increasing and becoming ever more complex, particularly within the energy sector From upstream to downstream operations, the industry faces increased risk from a long list of sources including more remote exploration, deeper wells and water, greater civil liability, regulatory and political risks...
Know MoreSuch insurance covers losses resulting from abandoned coal or clay mining and from damage caused by the sudden discharge of water that may be contained in a mine vo The MSI premium for a ....
Know MoreRate = Loss Cost Published by NCCI Loss Cost Multiplier LCM Example If an insurance company A has a loss cost multiplier of 1250 while another insurance company B has a loss cost multiplier of 1500, the class code for insurance company B will cost 20 percent more than company A...
Know MoreDec 16, 2015 0183 32 Big Data is undoubtedly a tool that can bring a great amount of positive change to the insurance industry, in the form of better customer service, more efficiently priced premiums ,...
Know MoreFor the 2018-19 policy year the minimum premium rate is set at 085 per cent The minimum premium payable on any CMI policy including short term periods of insurance is 17500 Plus Mine Petroleum Site Safety Levy if applicable GST Premium categories that reflect your risk...
Know MoreHouston International Insurance Group HIIG is an international specialty insurance group headquartered in Houston, Texas, with offices across the United Stat HIIG is dedicated to building long-term shareholder value through creative but disciplined ,...
Know MoreMay 02, 2019 0183 32 Reinsurance is also known as insurance for insurers or stop-loss insurance Reinsurance is the practice whereby insurers transfer portions of ,...
Know MoreOct 24, 2017 0183 32 Historically adverse to new technology, the insurance industry is being disrupted today by AI and machine learning With volumes of data, the insurance industry is an ideal market for AI and ....
Know MoreThe Surface Mining Control and Reclamation Act of 1977 SMCRA or the Act provides that, as a prerequisite for obtaining a coal mining permit, , Unlike the premium for an insurance policy, the premium for a surety bond is not based on the risk of a claim being filed Instead, the premium consists of a percentage of the bond amount...
Know MoreWhy Is Construction Insurance Needed? As you can see there are many types of situations on which you will need to provide evidence of your policy By completing jobs on time, being responsible, and keeping a solid business operation you can get extra benefits like smaller premiums and deductibles in ,...
Know MoreA28 The premiums for mine subsidence insurance are established by the commissioner, and deviations from these premiums are NOT allowed Premiums are designed to 1 satisfy all foreseeable claims on the mine subsidence insurance fund during the period of coverage, giving due consideration to...
Know MoreA Basis of Premium is the unit we use to measure our exposure to potential loss To this basis we apply a rate per unit to the total number of units to determine the premium we charge The basis of premium used for determining the premium charge for each classification is indicated in ,...
Know MoreInsurance through super Super cover Most super funds offer life insurance for their members If you re reviewing your life insurance, check what cover you have through your super fund so you can compare it with other options Here we explain what types of life insurance you can get through your super and the pros and cons of this type of ....
Know MoreThe Illinois Mine Subsidence Insurance Fund is a taxable enterprise created by Statute to operate as a private solution to a public problem The purpose of the Fund is to assure financial resources are available to owners of property damaged by mine subsidence...
Know MoreMining Insurance Data to Promote Traffic Safety and Better Match , data mart The premium for every combination of risk characteristics is , vehicles passing through intersections, this study mines the insurance data in order to....
Know MoreA Mine Subsidence Insurance Policy covers damage caused by mine subsidence Coverage also extends to losses that result from the movement of the ground surface resulting from a surface discharge due to a sudden and unexpected breakout of water, which is known as a mine water blowout...
Know MoreThe Definition of a Mortgage Insurance Premium by Louise Balle A mortgage insurance policy is the lender s way of telling you OK, we ll give you this loan, but we re not quite sure yet that you can follow through with the obligation It s a little bit of a bummer to hear that you ll have to pay yet another expense with your mortgage ....
Know MoreApr 16, 2014 0183 32 Data mining is now used to set insurance rates critics cry foul , You might not like the price you pay for your home or auto insurance policy, but by law those premiums must be based on ....
Know MoreRevised CPS ASEC Health Insurance Data - 2000 to 2010 Extract Files This dataset presents data on CPS ASEC Health Insurance from 2000 to 2010 DATASET Revised CPS ASEC Health Insurance Data - 1997 to 2004 Extract Files This dataset presents revised data on the CPS ASEC Health Insurance from 1997 to 2004 ....
Know MoreThe US Government s Official Website for the Office of Surface Mining Reclamation and Enforcement OSMRE OSMRE s business practices are to reclaim abandoned mine lands Title IV , regulate active coal mines Title V , and apply sound science through technology transfer...
Know MoreBeginning October 1, 1982, every insurance policy issued or renewed insuring on a direct basis a structure located in this state shall include, at a separately stated premium, insurance for loss occurring on or after October 1, 1982, caused by mine subsidence unless waived by the insured A waiver is not required and the coverage may only be ....
Know MoreDefinition Risk premium represents the extra return above the risk-free rate that an investor needs in order to be compensated for the risk of a certain investment In other words, the riskier the investment, the higher the return the investor needs What Does Risk Premium Mean? What is the definition of risk premium? The concept of a ....
Know MoreThe benefit of these insurance products is that although the guarantee is received upfront, the mining companies have a longer period during which the actual premiums can be paid as the insurance policies typically extend over 3 years which could be extended further , ,...
Know MoreSurprisingly, despite the relatively low cost of premiums, fewer than 10 of at-risk residents in these states purchase polici Some are not even aware that mine subsidence coverage is available Is Mine Subsidence Insurance Expensive? The cost of mine subsidence insurance, like the coverage offered, varies according to the states that ....
Know MoreTo set up a new Coal Mines Insurance workers compensation insurance policy please complete and return a workers compensation insurance proposal Certificate of currency A Certificate of Currency provides confirmation of your workers compensation insurance policy and shows your premium risk category or categories for your policy...
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