by TheBusinessProfessor | Feb 23, 2025 | Insurance & Risk Management
What is Asset Protection?Asset protection refers to a concept of legal strategies that business entities and individuals use to protect their assets from civil money judgment. The asset protection technique ensures that businesses and individuals valuable assets are...
by TheBusinessProfessor | Feb 23, 2025 | Insurance & Risk Management
What is the American Insurance Association?The American Insurance Association (AIA), which was incorporated in 1866, has functioned as a leading property and casualty insurance trade organization. As of April 2016, the American Insurance Association represents over...
by TheBusinessProfessor | Feb 23, 2025 | Insurance & Risk Management
What is an Associate In Surplus Lines Insurance?The Associate in Surplus Lines Insurance is a professional designation awarded to insurance professions that deal with surplus lines insurance by the Insurance Institute of America upon successful completion of the...
by TheBusinessProfessor | Feb 23, 2025 | Insurance & Risk Management
What is the Collateral Source Doctrine?The collateral source rule is a clause that appears in insurance coverage or used for insurance-related cases. This rule states that when the court awards damages to a plaintiff, the damages cannot be reduced regardless of...
by TheBusinessProfessor | Feb 23, 2025 | Insurance & Risk Management
What is an Associate In Commercial Underwriting?The Associate in Commercial Underwriting refers to a professional designation that the Insurance Institute of America awards to individuals that successfully complete four national exams. Two of the four exams are...
by TheBusinessProfessor | Feb 23, 2025 | Insurance & Risk Management
What is an Associate In Insurance Accounting And Finance?The Associate in Insurance Accounting and Finance is a professional designation given to an individual who successfully completes a number of exams on insurance accounting and finance. The designation award is...