» MORE: Employers’ liability explained When should I get public liability insurance for an event? The work that goes into hosting an event starts long before the event itself, and so do the risks attached. While you might think you just need public liability insurance on the date of the...
General Liability insurance, also known as Public and Product Liability insurance, helps to protect your business in the event a claim for compensation is brought against you for injury or damage arising out of the course of your business. This could include: ...
The health insurance contribution is based on a holistic gross income. The criteria for the calculation is explained further below. Statutory Family insurance Family members of the person insured can be included under public health insurance for free. This includes spouses, life partners, and children...
Full rationality is an abstraction that, asFriedman (1953)explained, is meant to be useful but false. Once we enter the world of bounded rationality, there are too many possible departures to test. Given that the absolute gains of thevoucher programwere small (in the neighborhood of $10, as...
we believe that this result could be explained by the potential negative short-term effect of higher differential investment, particularly in tangible fixed assets, on their net earnings in the first year after firms’ capital expenditures with the proceeds of market-based financing.Footnote15Figure4...
This paper describes the application of a publicly available property-liability insurance DFA model to an actual insurance company. The structure and key parameters of the model, as well as how to run the model, are explained in detail. A copy of the report to management of the company is ...
The insurance regulatory blogWashington Insurance Riderwill be taking a break, as it has done in the past, as its writer begins full-time job that would conflict with any outside work. Please enjoy the little slices of insurance regulatory history here that have appeared on and off since 2014...
For example, Andreas Bergmann – a professor of public finance at the Zurich University of Applied Sciences – explained in an interview with ACCA in late 2019 that: 'the consolidated liability position in Switzerland was about four times the non-consolidated government bond position'. ...
Then, we rely on administrative data to build three additional outcome-based measures of compliance behaviors that are specifically linked to civic mindedness, i.e., the share of vehicles covered by civil liability insurance, the share of vehicles that underwent the periodic motor vehicle inspection...
3.5 As explained in Chapter 1, the term 'service provider' and 'service user' and terms which flow from these are used generically to refer to all those who have duties or are protected in the areas covered by this Code. Services to the public 3.6 The Act imposes obligations on everyone...