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insurers administrative corporation
2.728 documents for insurers administrative corporation
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...In Baylor Health Care System v. Insurers Administrative Corporation, Baylor sued to enforce...
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The catastrophic terrorist attack of September 11, 2001 caused unprecedented insured losses. While the insurance industry covered these losses, it also took swift steps to limit its exposure to such risks in the future. In response to ensuing market dislocations, the Terrorism Risk Insurance Act (TRIA) was passed in 2002. The law temporarily requires primary insurers to offer terrorism coverage and creates a federal "backstop" to limit losses on such coverage. In anticipation of the program's scheduled expiration, and to inform debate on its possible extension, this article analyzes market developments in the wake of 9/11 and the passage of TRIA. We find that to date, TRIA has facilitated private sector participation in the market for terrorism insurance by lending structure to an other...
... exposure too low to warrant the administrative burden of treating such coverage as a distinctly p... the Overseas Private Investment Corporation (OPIC); urban riots and civil disorder under the N...
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...In Baylor Health Care System v. Insurers Administrative Corporation, Baylor sued to enforce...
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Over the past 20 years, the United States has experienced a profound shift in the way that employment-based retirement benefits are delivered to workers. The traditional life annuity from a defined benefit (DB) plan has been largely replaced by lump sums from defined contribution (DC) plans. Along with investment risk, American workers are bearing a larger share of the longevity risk inherent in all retirement systems. As Americans benefit from longer lives, they are facing a harsh reality: will their retirement assets last long enough? Workers have embraced the flexibility offered by the widely available, and very popular, 401(k) plan. Often described as a do-it-yourself retirement program, these plans have allowed workers to accumulate significant levels of retirement savings. Employe...
...Lump-sum payments have lower administrative costs. There is no need for ongoing maintenance of... by the Pension Benefit Guaranty Corporation (PBGC). Workers who will be relying primarily on D...Insurers would be required to update these factors frequent...
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... One company using this latest version is Insurers Administrative Corporation (IAC), a subsidiary of ...
