commercial lines means any line of insurance that is not a personal line.
commercial lines means property insurance products designed for commercial and residential businesses and other commercial entities.
More Definitions of commercial lines
commercial lines shall be defined as a Component of the CMS related to the Base and Auto System to process claims involving commercial lines of insurance, excluding motor vehicle claims.
commercial lines means insurance for business and professional interests, except
commercial lines means insurance for business and professional interests, except that it does not include medical malpractice insurance.
commercial lines means any line of insurance that is not a personal line. [ 1989, c. 797, §2 (NEW); 1989, c. 797, §§37, 38 (AFF) .] 2. "Developed losses" means losses, including loss adjustment expenses, adjusted, using standard actuarial techniques, to eliminate the effect of differences between current payment or reserve estimates and those needed to provide actual ultimate loss and loss adjustment expense payments. [ 1989, c. 797, §2 (NEW); 1989, c. 797, §§37, 38 (AFF) .] 3. "Expense" means that portion of a rate attributable to acquisition, field supervision and collection expenses; general expenses; and taxes, licenses and fees. [ 1989, c. 797, §2 (NEW); 1989, c. 797, §§37, 38 (AFF) .] 4. "Loss trending" means any procedure for projecting developed losses to the average date of loss for the period during which the policies are to be effective. [ 1989, c. 797, §2 (NEW); 1989, c. 797, §§37, 38 (AFF) .] 5. "Personal lines" means homeowners, tenants, private passenger nonfleet automobiles, mobile homes and other property and casualty insurance for personal, family or household needs. [ 1989, c. 797, §2 (NEW); 1989, c. 797, §§37, 38 (AFF) .] 6. "Prospective loss costs" means that portion of a rate that does not include provisions for expenses, other than loss adjustment expenses, or profit, and is based on historical aggregate losses and loss adjustment expenses adjusted through development to their ultimate value and projected through trending to a future point in time. [ 1989, c. 797, §2 (NEW); 1989, c. 797, §§37, 38 (AFF) .] 7. "Rate" means the cost of insurance per exposure unit, whether expressed as a single number or as a prospective loss cost with an adjustment to account for the treatment of expenses, profit, and individual insurer variation in loss experience, prior to any application of individual risk variation based on loss or expense considerations, and not including minimum premium. [ 1989, c. 797, §2 (NEW); 1989, c. 797, §§37, 38 (AFF) .] 8. "Supplementary rating information" means any manual or plan of rates, classification rating schedule, minimum premium, policy fee, rating rule, underwriting rule, statistical plan and any other similar information needed to determine the applicable rate in effect or to be in effect. [ 1989, c. 797, §2 (NEW); 1989, c. 797, §§37, 38 (AFF) .] 9. "Supporting information" means: A. The experience and judgment of the filer and the experience or data of other insurers or advisory organizations relied upon by the filer; [1989, c...
commercial lines means insurance for business and
commercial lines means property and casualty insurance written through Hallmark General Agency, Inc.