irmi.com

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Definitions (3367)

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terminal operator


A term used to describe the operator of a commercial wharf when the wharf is located in a larger terminal facility that is under common management.
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tender offer defense expense


Insurance that pays the expenses incurred by a publicly held company in combating a tender offer made by another company seeking to acquire it.
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10/10 rule


The issue of analyzing and demonstrating risk transfer as a prerequisite for using reinsurance accounting was codified in the early 1990s with the adoption of Financial Accounting Standard (FA [..]
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terminal coverage


Coverage for damage to vehicles garaged or stored at a common location sometimes included in a property insurance policy or inland marine floater. This coverage is purchased by organizations that ot [..]
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tenants and neighbors liability


Coverage that applies in countries (such as France) where the Napoleonic Code exists and is often written subject to a specified sublimit. Under the Napoleonic Code, a tenant may be presumed l [..]
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tender of defense


The act in which one party places its defense and all costs associated with said defense with another due to a contract or other agreement. This transfers the obligation of the defense and [..]
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temporary total disability


One of the four divisions of disability compensable under workers compensation. This level of disability reflects an injury that has rendered the employee completely unable to perform any job functi [..]
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temporary partial disability


A workers compensation disability level in which the injured worker is temporarily precluded from performing a certain set of job skills but can still work at a reduced level. Since the condition is [..]
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telephone consumer protection act of 1991


A federal law prohibiting the sending of unsolicited advertisements to a fax machine. Claims arising out of the violation of TCPA are excluded under standard general liability insurance policies.
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telemedicine


The transfer and use of medical information via electronic communications media. Such media include telephones, fax machines, interactive video, e-mail, and instant electronic monitoring. Offering h [..]
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