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  2. ACORD - Wikipedia

    en.wikipedia.org/wiki/ACORD

    The Association for Cooperative Operations Research and Development ( ACORD) is a non-profit organization in the insurance industry. [1] ACORD publishes and maintains an archive of standardized forms. ACORD has also developed a comprehensive library of electronic data standards with more than 1200 standardized transaction types to support ...

  3. Insurance policy - Wikipedia

    en.wikipedia.org/wiki/Insurance_policy

    In insurance, the insurance policy is a contract (generally a standard form contract) between the insurer and the policyholder, which determines the claims which the insurer is legally required to pay. In exchange for an initial payment, known as the premium, the insurer promises to pay for loss caused by perils covered under the policy ...

  4. Contribution claim (legal) - Wikipedia

    en.wikipedia.org/wiki/Contribution_claim_(legal)

    A contribution claim is a claim brought by one or more defendants to a lawsuit for money damages brought by a plaintiff. [1] A contribution claim asserts the party (usually a defendant) is entitled to "contribution" from a third party for any money damages awarded to the plaintiff. For example, if a plaintiff sues a homeowner for damages caused ...

  5. Subrogation - Wikipedia

    en.wikipedia.org/wiki/Subrogation

    Subrogation is the assumption by a third party (such as a second creditor or an insurance company) of another party's legal right to collect debts or damages. [1] It is a legal doctrine whereby one person is entitled to enforce the subsisting or revived rights of another for their own benefit. [2]

  6. Loss payee clause - Wikipedia

    en.wikipedia.org/wiki/Loss_payee_clause

    Loss payee clause. A loss payee clause (or loss payable clause) is a clause in a contract of insurance that provides, in the event of payment being made under the policy in relation to the insured risk, that payment will be made to a third party rather than to the insured beneficiary of the policy . Such clauses are common where the insured ...

  7. Habbush letter - Wikipedia

    en.wikipedia.org/wiki/Habbush_letter

    Habbush letter. The Habbush letter, or Habbush memo ( Arabic: رسالة حبوش, romanized : risāla Ḥabbūši ), is a handwritten message dated July 1, 2001, which appears to show a link between al-Qaeda and Iraq 's government. It purports to be a direct communication between the head of Iraqi Intelligence, General Tahir Jalil Habbush al ...

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