Term Of The Day – Underwriter
An underwriter works under the radar most of the time. In the broadest sense, an underwriter is the person who “underwrites” his name to the conditions of the policy. In Workers Comp, an underwriter’s job is to evaluate a given risk for plausibility and to determine the cost to insure that risk. They can also decline to cover an excessive risk. Underwriters typically work for insurance companies to arrange and authorize policies.

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