Meaning allocated loss adjustment expense
What does allocated loss adjustment expense mean? Below you find one meaning for the word allocated loss adjustment expense You can also add a definition of allocated loss adjustment expense yourself
1 |
0
0
allocated loss adjustment expenseLoss adjustment expenses that are assignable or allocable to specific claims. Fees paid to outside attorneys, experts, and investigators used to defend claims are examples of ALAE.
|
| << all risks coverage | allocated expenses >> |