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A quick and friendly guide to understanding the combined ratio and what it reveals about an insurance company’s profitability. A combined ratio measures how profitable an insurance company is by …
What Is a Combined Ratio? – Simple and Easy Explanation Read More
A simple guide to understanding how a combinations policy bundles auto and home insurance into one convenient package. A combinations policy is a type of package insurance that brings personal …
What Is a Combinations Policy? – Simple and Easy Explanation Read More
A clear, friendly guide to understanding what a CMO is, how it works, and why investors use it. A Collateralized Mortgage Obligation (CMO) is a type of mortgage-backed security that …
What Is a Collateralized Mortgage Obligation (CMO)? – Simple and Easy Explanation Read More
A clear, friendly guide to help you understand what a CBO is, how it works, and why investors use it. A Collateralized Bond Obligation (CBO) may sound intimidating, but it’s …
What Is a Collateralized Bond Obligation (CBO)? – Simple and Easy Explanation Read More
Collateral loans are loans backed by an investment or asset that the borrower pledges to guarantee repayment. Understanding Collateral Loans A collateral loan is a type of loan where the …
What Are Collateral Loans? – Simple and Easy Explanation Read More
A collar is an agreement where you receive payments from one option, cap, or floor you buy and make payments on another one you sell. Understanding a Collar A collar …
What Is a Collar? – Simple and Easy Explanation Read More
Coinsurance requires you to share a portion of the cost of a covered loss, either in property insurance or medical insurance, based on rules set in your policy. Understanding Coinsurance …
What Is Coinsurance? – Simple and Easy Explanation Read More
Class rating groups people with similar characteristics and uses that group information to determine insurance rates in a fair and consistent way. Understanding Class Rating When you buy insurance, your …
What Is Class Rating? – Simple and Easy Explanation Read More
A claims-made form covers liability claims only when the incident and the claim itself are both reported during the active policy period. Understanding the Claims-Made Form Liability insurance can be …
What Is a Claims-Made Form? – Simple and Easy Explanation Read More
Costs insurers expect to pay for handling, reviewing, and recording accident and health, auto medical, and workers’ compensation claims. Understanding Claims Adjustment Expenses When an insurance company pays a claim, …
What Are Claims Adjustment Expenses? – Simple and Easy Explanation Read More