| GAAP-Generally Accepted Accounting Principles |
A method of reporting the financial results of an insurer more in accordance with the "going-conc... |
| Gambling |
Creating risk by agreeing with another to win or lose something on the outcome of a certain event. I... |
| Gap Coverage |
An amount of insurance purchased to satisfy the requirement of an excess carrier with respect to und... |
| Gap Insurance |
For auto insurance, refers to coverage against loss caused by the amount an insurer may pay for a ve... |
| Garage Policy |
Protects garage or service station operators, vehicle rental agencies, car washes, auto or vehicle d... |
| Garagekeepers Legal Liability (GKLL) |
Pays amounts an insured is legally obligated to pay because of damage or loss to property of others ... |
| Garment Contractors Floater |
An inland marine form of policy which insures the goods of the manufacturer against physical loss or... |
| Garnishment |
A court order issued to a person holding property or money of another: the order states not to give ... |
| Gender Rating |
When different sets of rates are developed for each gender based on the "verifiable" actua... |
| General Adjustment Bureau, Inc. |
A national firm providing extensive loss settling, appraisal, and other services for insurance co... |