Casualty insurance definition

Casualty insurance means liability insurance.
Casualty insurance means each insurance against legal liability of the insured for bodily injury to or death of another person, including workers’ compensation insurance, and for damages to or loss or destruction of the property of another person; medical payments insurance when written in conjunction with insurance covering liability for the deaths or bodily injuries of another person; guaranteeing the fidelity of a person holding a position of public or private trust; loss of or damage to property caused by burglary, theft, larceny, robbery, fraud, or unlawful taking or secretion of property owned by or entrusted to the insured; loss of or damage to property of the insured resulting from the explosion of or damage to a fired or unfired boiler or other pressure vessel, engine, turbine, compressor, pump, wheel, or an apparatus generating, transmitting, or using electric power, and machinery or equipment connected with any of them; loss resulting from nonpayment of debts owed to merchants or another person extending credit.
Casualty insurance means liability insurance as defined in Subsection (50).

Examples of Casualty insurance in a sentence

  • Additionally, one important aspect of crop insurance which sets it apart from typical Property and Casualty insurance is that the premium paid by the producer is partially paid for by the U.S. government in the form of a subsidy.

  • If any of the Property and Casualty insurance requirements (Exhibit A of B) are not complied with at their renewal dates, payments to the contractor/subcontractor may be withheld until those requirements have been met, or at the option of the University of New Orleans, the University of New Orleans may pay the Renewal Premium and withhold such payments from any monies due the contractor/subcontractor.

  • Property and Casualty insurance saw robust internal revenue growth of 3.1 percent when adjusted for currency and consolidation effects.

  • Property / Casualty insurance for the Leased Premises shall be provided by the Landlord at its sole expense.


More Definitions of Casualty insurance

Casualty insurance means liability insurance as defined in Subsection [(70)] (75).
Casualty insurance means liability insurance. 634 (23) "Certificate" means evidence of insurance given to: 635 (a) an insured under a group insurance policy; or
Casualty insurance. “Casu- alty insurance” means:
Casualty insurance. (defined in Section 6.1), Landlord liability insurance, if applicable, (defined in Section 6.2), "Common Facilities Charges" (defined in Section 7.2), and any other charges payable with respect to the Property hereunder as Additional Rent (collectively "Monthly Deposits") and, if the Monthly Deposits are insufficient to pay Tenant's Pro Rata Share of the actual cost of such items, to pay to Landlord, within ten (10) days after demand by Landlord, such amounts as are necessary to provide Landlord with sufficient funds to pay Tenant's Pro Rata Share of the same. The Monthly Deposits shall each be equal to Tenant's Pro Rata Share of 1/12 of the amounts, as reasonably estimated and re-estimated from time to time by Landlord, of the annual Taxes and Assessments, annual Casualty Insurance premiums, annual Landlord liability insurance premiums, and annual Common Facilities Charges payable with respect to the Property. The initial Monthly Deposit shall be subject to adjustment as herein provided. To the extent the Monthly Deposits exceed Tenant's Pro Rata Share of the actual cost of such items, the excess amount shall, at Landlord's option, except as may be otherwise provided by law, either be paid to Tenant or credited against future Monthly Deposits or against Basic Rent, Additional Rent or other amounts payable by Tenant under this Lease. If Tenant so requests in writing within thirty (30) days after the date of Landlord's annual reconciliation of Monthly Deposits, Landlord shall furnish Tenant with a copy of invoices or receipts for Taxes, Insurance, and Common Facilities Charges. The amounts of such taxes, insurance premiums and expenses payable by Tenant for the years in which the Lease Term commences and expires shall be subject to the provisions hereinafter contained in this Lease for proration of such amounts in such years. Prior to the dates on which payment is due for such items, Landlord shall make payment of the same, to the extent funds from Monthly Deposits available therefor. Except for Landlord's obligation to make payments out of funds available from Monthly Deposits, the making of Monthly Deposits by Tenant shall not limit or alter Tenant's obligation to pay taxes and assessments and to maintain insurance as elsewhere provided in this Lease.
Casualty insurance means liability insurance as defined in Subsection (94).
Casualty insurance means liability insurance. 769 (23) "Certificate" means evidence of insurance given to:
Casualty insurance means insurance which is primarily concerned with the losses caused by injuries to third persons (i.e., not the policyholder) and the legal liability imposed on the insured resulting therefrom. It includes, but is not limited to, employers' liability, workers' compensation, public liability, automobile liability, personal liability and aviation liability insurance. It excludes certain types of loss that by law or custom are considered as being exclusively within the scope of other types of insurance, such as fire or marine.