insurer — in·sur·er /in shu̇r ər/ n: one that contracts to indemnify another by way of insurance: an insurance company or underwriter Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. insurer … Law dictionary
insurer — in‧sur‧er [ɪnˈʆʊərə ǁ ˈʆʊrər] noun [countable] INSURANCE 1. an insurance company: • If an insurer failed, the industry organization would pay 90% of all claims. 2. the insurer/insurers used in a particular insurance contract or legal case to… … Financial and business terms
Liability — Li a*bil i*ty (l[imac] [.a]*b[i^]l [i^]*t[y^]), n.; pl. {Liabilities} ( t[i^]z). [1913 Webster] 1. The state of being liable; as, the liability of an insurer; liability to accidents; liability to the law. [1913 Webster] 2. That which one is under … The Collaborative International Dictionary of English
absolute liability — Liability for an injury resulting to another where no account is taken of the standard of care exercised, often called insurer s liability. 38 Am J1st Negl § 4. Criminal liability of which intent not an element. 21 Am J2d Crinn L § 91. Liability… … Ballentine's law dictionary
liability insurance — A policy or contract of insurance whereby the insurer agrees to protect the insured against liability arising from an act or omission of the insured which causes injury to the person or the property of a third person, the liability of the insurer … Ballentine's law dictionary
Liability insurance crisis — The liability insurance crisis in the United States of America refers to a volatile economic period during the mid 1980s. During these years, until about 1990, rising insurance premiums and an unavailability of coverage for several types of… … Wikipedia
liability limit — noun : the maximum amount which a liability insurance company agrees to pay as a result of a single accident or injury to a single person * * * the highest amount that a liability insurer will pay on a single claim … Useful english dictionary
insurer — transporto priemonių valdytojų civilinės atsakomybės draudikas statusas Aprobuotas sritis draudimas apibrėžtis Asmuo (Lietuvos Respublikos draudimo įmonė, kitos Europos Sąjungos valstybės narės draudimo įmonė, įgyvendinanti įsisteigimo teisę ar… … Lithuanian dictionary (lietuvių žodynas)
liability limit — the highest amount that a liability insurer will pay on a single claim. * * * … Universalium
limitation of liability — A limitation upon a liability otherwise contracted or assumed by entering into a particular relationship, the most common of which is found in contracts of bailment, limiting the liability of the bailee, 8 Am J2d Bailm § 132, such as a carrier,… … Ballentine's law dictionary