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August 2010

Is Informal Retention Legal?

Term Of The Day – Informal Retention Informal Retention is a Workers Comp policy of sorts.  This type of retention is usually considered illegal except

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Is Popcorn Lung An Illness?

Term Of The Day – Popcorn Lung Popcorn Lung is a very rare disease that affects some workers in popcorn factories. Diacetyl is the chemical that

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Can I Buy Reinsurance ?

Term Of The Day – Reinsurance When one insurer’s claims become too large to cover financially, they procure additional insurance from other insurers to help cover

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What Is An Advisory Organization?

Term Of The Day – Advisory Organization A new term by the National Association of Insurance Commissioners. It replaces the old “rating bureau” designation. Advisory Organizations

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