Gourt > Society > Law > Services > Expert Witnesses > 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 ]
RT @lucorico: I hate that some Progressives seem 2 think that this bill is reform when it forces ppl 2 buy insurance from same private i ...
bemusedmuse (bemusedmuse) Fri, 08 Jan 2010 05:31:37 -0000
RT @lucorico: I hate that some Progressives seem 2 think that this bill is reform when it forces ppl 2 buy insurance from same private i ...
RT @tweetmeme Can ObamaCareâs insurance mandate survive a court challenge? VA legislator intends to find out. http://tinyurl.com/yetzsma
joermarshall (Joe Marshall) Fri, 08 Jan 2010 05:31:28 -0000
RT @tweetmeme Can ObamaCare’s insurance mandate survive a court challenge? VA legislator intends to find out. http://tinyurl.com/yetzsma
Life Insurance guy to client "Sleep on it tonight and if you wake up tomorrow you can call me." Buahahahahahaha
LeMonJaLowe (Peter Mares) Fri, 08 Jan 2010 05:31:25 -0000
Life Insurance guy to client "Sleep on it tonight and if you wake up tomorrow you can call me." Buahahahahahaha
How To Get Reasonable Health Insurance For Children - http://tinyurl.com/yepzrgl
dentalplan2 (Zul Rahman) Fri, 08 Jan 2010 05:31:22 -0000
How To Get Reasonable Health Insurance For Children - http://tinyurl.com/yepzrgl
Financial Accountant - Peoplesoft - Leading Insurance Business - Sydney http://ur.ly/3S9W #job
sustainable_syd (Sustainability) Fri, 08 Jan 2010 05:31:17 -0000
Financial Accountant - Peoplesoft - Leading Insurance Business - Sydney http://ur.ly/3S9W #job
Insurance: Healthy lifestyle discount or insurance loophole? | Analysis â¦: Healthcare advocacy .. http://bit.ly/6SflSI
financeblogr (FinanceBlogr) Fri, 08 Jan 2010 05:31:11 -0000
Insurance: Healthy lifestyle discount or insurance loophole? | Analysis …: Healthcare advocacy .. http://bit.ly/6SflSI
Anthony Steuer Insurance Services - Analysis of current and proposed life insurance, including contract analysis and fiduciary liability overview. Based in California.
Meta Description: [ We provide Life Insurance Policy Analysis Review Consulting and Sales to individuals, trusts and businesses, for personal, corporate and legal needs. ]
Clinton E. Miller, JD, BCFE, FACFE - California insurance expert, providing services for matters including bad faith, coverage disputes industry practices.
Meta Description: [ Clinton E. Miller is a California insurance expert providing services for matters including bad faith allegations, coverage disputes and coverage disputes and interpretation for industry standards ]
Edward J. Priz, CPCU, APA - Auditing services and expert testimony for commercial, liabilility, property and workers compensation insurance.
Forensic Investigations - Expertise with insurance claims and related litigation for matters including bad faith, and coverage disputes. Based in Fort Lauderdale, Florida.
Meta Description: [ A full service Fort Lauderdale Florida Private Investigative Agency. Specializing in Business Loss Recovery, Forensic Investigations, Legal Support in Criminal and Civil cases. ]
John T. Bogart - Consultant for the high hazard liability field, experienced with underwriting and brokerage issues for property-casualty insurance, providing litigation support and expert testimony. Based in Palm Springs, California.
Meta Description: [ Insurance Expert Witness and Consultant. Liablity. Casualty & Property. Broker & Underwriter. Reinsurance. Excess & Surplus Lines ]
Kernan Associates, Inc. - Independent insurance and reinsurance management consultant organization, providing litigation support services. Berkeley Heights, New Jersey.
Meta Description: [ Kernan Associates is an independent insurance and reinsurance management consultant organization. We provide advisory services in reinsurance; Financial analysis; strategic planning; and Litigation Support Services. ]
404
Life Care Consultants, Inc. - Texas firm, providing multiple services for the insurance and legal fields.
Michael Delizia - Consultant and expert witness for cases involving disability insurance, including denial of benefits, policy rescission, underwriting, claims, and customer service issues.
Tim Ryles, Ph.D. - Georgia expert in insurance and consumer protection.
Meta Description: [ Tim Ryles, former Georgia State insurance Commissioner and Administrator of the Georgia Governor's Office of consumer Affairs, has a rich background and a wide range of expertise enabling him to provide a variety of valuable consultative services. Some areas include insurance litigation support, ... ]
| Was I hired to stand in the way of health care reform? | |
| Next Video | |
