Midwest General Agency | R.W. Scobie | Insurance Words Glossary

Insurance Words Glossary
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Viewing: N (104)
Word Definition
NAIC Insurance Regulatory Information System (IRIS) Formerly known as Early Warning System or Early Warning Tests, financial ratio and performance crite...
Name Schedule Bonds A list of persons (typically public officials) along with their respective bond amounts.
Named Insured

The person designated in the policy as the insured, as opposed to someone who may have an interes...

Named Perils Policy One which specifies the exact causes of loss for which the insurer will pay, as contrasted with a po...
National African American Insurance Association (NAAIA) An association of minority insurance professionals established to promote professional development, ...
National Association of Casualty and Surety Agents A trade organization of insurance agents who represent and sell for stock insurers. Its purpose is ...
National Association of Casualty and Surety Executives The insurance company organization which cooperates with the National Association of Casualty and S...
National Association of Independent Insurers (NAII) A trade association with a membership of hundreds of fire and casualty companies of all types throug...
National Association of Insurance Agents (NAIA) A large trade association whose purpose is to protect the business interests of its members, who are...
National Association of Insurance Brokers, Inc. (NAIB) An organization which represents brokers and presents their views before company bureaus, boards, an...

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