A specialist in the mathematics of insurance who calculates rates, reserves, etc. (Americanism. In most other countries the individual is known as “mathematician”.)

An individual representing the insurance company and acting for the company in working on agreements as to the amount of a loss and the liability of the company in same.

Assets permitted by state law to be included in an insurance company’s annual statement. These assets are an important factor when regulators measure insurance company solvency. They include mortgages [..]

individual who sells and services insurance policies in either of two classifications:

Usually refers to Liability Insurance and indicates the amount of coverage that the insured has under the contract for a specific period of time, usually the contract period, no later how many separat [..]

Indicates the company is approved (or authorized) to write reinsurance on risks in this state. A license to write reinsurance may not be required in these states.

Indicates the company is approved (or not disapproved) to write excess or surplus lines in this state.

Assets refer to “all the available properties of every kind or possession of an insurance company that may be used to pay its debts.” There are three classifications of assets: invested assets, all ot [..]

Insurance salesperson who searches the marketplace in the interest of clients, not insurance companies.

Independent insurance salesperson who represents particular insurers but may also function as a broker by searching the entire insurance market to place an applicant’s coverage to maximize protection [..]