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Ball State University W. Bart Frye - Assistant Professor
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Old 01-11-2010, 05:02 PM
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What is Casualty insurance? I know what property means but I don't know what texts mean when they refer specifically to casualty. Not sure how I made it this far without knowing this. (I am on the doorstep of ASA) Thanks!
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Old 01-11-2010, 05:09 PM
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From wikipedia:

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It has never been possible really to define casualty insurance. Broadly speaking, it may be defined as a list of individual insurances, usually written in a separate policy, in three broad categories: third party or liability, disability or accident and health, material damage. One of the results of comprehensive policy-writing .... is to raise the question of the usefulness of the traditional concept of casualty insurance ... some insurance men predict that the casualty insurance of the future will include liability and disability lines only.

Nevermind, sorry.
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Old 01-14-2010, 04:02 PM
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Casualties are those things that happen during a war.
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Old 01-14-2010, 04:04 PM
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Damn, I thought I hid this thread pretty well.
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Old 01-14-2010, 04:04 PM
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But that was what I was thinking, insurance for war-mongering countries.
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Old 01-14-2010, 04:06 PM
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Quote:
Originally Posted by ADoubleDot View Post
Damn, I thought I hid this thread pretty well.
Sorry, this forum isn't the hotbed of activity that NAT is. This could have sat for days.
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