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In the U.S. and Canada, managing general agents act as a "fronting" system for insurers, allowing filings to be made and proofs of insurance to be given in each other's jurisdictions. [ 2] Depending on the appointment, a managing general agent may perform one of many tasks normally performed by an insurer. These include but are not limited to ...
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an ...
Landed property, tenement of land, especially with respect to an easement ( servitude ). 2 types: praedium dominans - dominant estate ( aka dominant tenement) praedium serviens - servient estate ( aka servient tenement) praeemptio. previous purchase. Right of first refusal. praesumptio.
Thesaurus. A thesaurus ( pl.: thesauri or thesauruses ), sometimes called a synonym dictionary or dictionary of synonyms, is a reference work which arranges words by their meanings (or in simpler terms, a book where one can find different words with similar meanings to other words), [ 1][ 2] sometimes as a hierarchy of broader and narrower ...
v. t. e. This is a list of British words not widely used in the United States. In Commonwealth of Nations, Malaysia, Singapore, Hong Kong, Ireland, Canada, New Zealand, India, South Africa, and Australia, some of the British terms listed are used, although another usage is often preferred. Words with specific British English meanings that have ...
Disability. The following is a list of terms, used to describe disabilities or people with disabilities, which may carry negative connotations or be offensive to people with or without disabilities. Some people consider it best to use person-first language, for example "a person with a disability" rather than "a disabled person." [ 1]
Apparent authority refers to a situation where a reasonable third party would understand that an agent had authority to act. This means a principal is bound by the agent's actions, even if the agent had no actual authority, whether express or implied. It raises an estoppel because the third party is given an assurance, which he relies on and ...
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