- interinsurance association
- An association engaged in providing reciprocal insurance for its members. 29 Am J Rev ed Ins § 102. See reciprocal insurance.
Ballentine's law dictionary. Anderson, W.S.. 1998.
Ballentine's law dictionary. Anderson, W.S.. 1998.
reciprocal — Given or owed mutually as between two persons; interchanged. Reciprocal obligations are those due from one person to another and vice versa. See also reciprocity reciprocal contract @ reciprocal dealing arrangement As included within prohibitions … Black's law dictionary
reciprocal exchange — n: an unincorporated association in which members (as individuals, partnerships, trustees, or corporations) exchange contracts and pay premiums through an attorney in fact for the insurance of each other liability of each member of the reciprocal … Law dictionary
USAA — Infobox Company company name = United Services Automobile Association company type = Reciprocal company foundation = 1922 location = San Antonio, Texas, USA key people = John H. Moellering, Chairman Josue Robles, Jr, President and Chief Executive … Wikipedia
insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… … Black's law dictionary
insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… … Black's law dictionary
stock company — Synonyms and related words: Aktiengesellschaft, accident insurance, acting company, actuary, aktiebolag, annuity, assurance, aviation insurance, bail bond, body corporate, bond, business, business establishment, business life insurance, cartel,… … Moby Thesaurus
exchange — A voluntary association or corporation organized for the purpose of furnishing its members a convenient and suitable place to transact their business, of promoting uniformity in the customs and usages of merchants, of inculcating principles of… … Ballentine's law dictionary
bond — Synonyms and related words: Fannie Mae, Federal Agency bond, Ginnie Mae, Oregon boat, Series E bond, Series H bond, accident insurance, accord, accouple, accumulate, actuary, addition, adherence, adhesion, adhesive, adjunct, adjustment bond,… … Moby Thesaurus
insurance exchange — An association of insurance companies or insurance agents for the purpose of promoting the business, welfare, and convenience of the members, and to secure uniformity in the insurance business. 29 Am J Rev ed Ins § 109. In another and distinct… … Ballentine's law dictionary